Brazil's Amazon illegal gold mining
Analysis based on 7 articles · First reported May 28, 2026 · Last updated May 29, 2026
The continued illegal gold mining in Brazil's Amazon, despite government efforts, indicates a failure in regulatory enforcement, which could deter foreign investment in Brazil's mining sector due to environmental and governance concerns. The high price of Gold is a key driver, suggesting sustained pressure on the commodity market.
A study by Greenpeace revealed that billions of dollars worth of Gold is still being illegally extracted from Brazil's Amazon rainforest, despite President Luiz Inácio Lula da Silva's pledge to crack down on wildcat mining. Miners are using 'ghost permits' issued by Brazil — National Mining Agency (ANM) to falsify the origin of illegally mined Gold. This illicit activity, encouraged by high Gold prices, has led to the sale of 26.8 metric tons of Gold worth an estimated $3.88 billion between 2018 and March 2026. The Brazil — Federal Police of Brazil seized a record amount of illegally mined Gold last year, but the problem persists, severely impacting Indigenous lands like the Kayapo's territory, as highlighted by chief Megaron Txucarramae. ANM acknowledges the logistical and oversight challenges in the Amazon region.
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