GATA

Ghana launches task force to curb gold smuggling losses

Section: Daily Dispatches

By Emmanuel Bruce
Reuters
Wednesday, July 9, 2025

ACCRA -- Ghana President John Dramani Mahama on Tuesday launched a task force backed by security forces to address illegal gold trading, as Africa's top producer seeks to recover billions of dollars lost to smuggling.

The task force is Ghana's first national anti-gold smuggling initiative. The government has previously launched efforts to sanitize artisanal mining, but these were unsuccessful in curbing illegal extraction and preventing revenue losses that plague most African gold producers.

Mali plans to sell gold reserves at Barrick complex to fund restart operations

Section: Daily Dispatches

By Divya Rajagopal, Portia Crowe, and Tiemoko Diallo
Reuters
Tuesday, July 8, 2025

The Malian court-appointed administrator of Barrick Mining's Loulo-Gounkoto complex plans to sell one metric ton of gold from the site's storeroom as operations commence again after an almost six-month suspension, two sources told Reuters.

Canadian miner Barrick Gold temporarily halted mining operations in January after the Malian government seized gold stocks from the Loulo-Gounkoto complex.

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Today's edition of Ed Steer's Gold and Silver Digest posted in the clear at SilverSeek

Section: Daily Dispatches

9:28a ET Tuesday, July 8, 2025

Dear Friend of GATA and Gold:

Today's edition of GATA board member Ed Steer's Gold and Silver Digest is headlined "World's Bullion Banks Net Short 50% of Total Silver Open Interest" and is posted in the clear at SilverSeek here:

https://silverseek.com/article/worlds-bullion-banks-net-short-50-total-silver-open-interest

Michael S. Milano: Privacy and fungibility are the forgotten virtues of sound money

Section: Daily Dispatches

By Michael S. Milano
The Mises Institute
Auburn, Alabama
Saturday, July 5, 2025

https://mises.org/mises-wire/privacy-and-fungibility-forgotten-virtues-sound-money

Long before the Blockchain Era, a landmark Scottish lawsuit posed a question that still echoes today: Can money carry memory -- or must it forget? 

International journalist Michelle Makori brings 'The Real Story' to Miles Franklin

Section: Daily Dispatches

7:09p ET Monday, July 7, 2024

Dear Friend of GATA and Gold:

International journalist Michelle Makori, who may be best known to followers of the monetary metals for her news anchor work at Kitco.com, has joined the YouTube channel of bullion dealer Miles Franklin as host of a recurring program called "The Real Story." 

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Brien Lundin: Insuring against a catastrophe that is certain

Section: Daily Dispatches

By Brien Lundin
Gold Newsletter / Golden Opportunities
Metairie, Louisiana
Monday, July 7, 2025

I occasionally give presentations on gold and silver to audiences that aren't familiar with the sector.

So I try to include as much of the basic rationale for owning the monetary metals, stressing that there are two distinct reasons to do so -- as insurance and as an investment. 

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