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Stock impact report

The Recycled Gold Label Is The Gold Industry’s Most Convenient Fiction [Forbes]

Caledonia Mining Corporation Plc Common Shares (CMCL) 
NASDAQ:AMEX Investor Relations: caledoniamining.com
Company Research Source: Forbes
problem,” Delphine Leymarie, jewelry designer and sustainability strategist, told me. “Let's take the cartel example. They operate a mine illegally or legally, it's not that hard in some of those countries. They will have their license or not, and then they will make very crude jewels at the mine and send to a refinery, because then it's not direct gold.” Every year, the U.S. Mint sells more than a billion dollars of American Gold Eagle coins, each stamped with a bald eagle and the federal government's guarantee the metal is 100% domestically mined, as required by law. The New York Times traced gold from a cartel-controlled mine in Colombia to the U.S. Mint and the Royal Canadian Mint, exposing a rupture in the story Americans and Canadians like to tell about “their” bullion. The metal stamped with an eagle or a maple leaf was supposed to embody national stability; instead, it had passed through pits run by drug gangs, laundered through intermediaries who turned blood gold into “A Show less Read more
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