Post #138

🇬🇭Ghana: Let’s Audit Reuters 🌍According to Reuters, the Ghanaian government plans a comprehensive audit of major large-scale gold miners from November 1 through June 2026 to scrutinize production volumes, mineral flows, and tax payments. ⏩Given the exclusivity of Reuters’ sources, this could be either a scam or a genuinely positive sign for Ghana.⏪ 🔸 The report is based on a letter seen by Reuters, which was allegedly sent by the governmental Minerals Commission to major mining companies - AngloGold Ashanti, Asante Gold, Gold Fields, Newmont, Perseus, Xtra-Gold, and Zijin. 🔸 Given that Reuters often becomes a platform for anonymous political and economic signalling, this could be a fabrication by someone seeking to limit competition in Ghana’s gold sector - or a government leak. If this is truly what Accra intends to do, it could be another step in curbing the country’s disastrous gold-mining problem. 🔸 Even though scrutiny of large-scale miners won’t directly affect illegal mining, some illicit gold that isn’t smuggled across the borders may be laundered through large-scale producers. Typically, illegal miners dig near large-scale operations and secretly sell ore to a processing plant, which then boosts reported output. Amid many frankly awkward ideas, the Ghanaian government has recently proposed several promising measures, including decentralized licensing and now stronger oversight of major producers. Devils Below