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Study: Almost 30% of Brazil’s gold exports may be illegal

RIO DE JANEIRO, BRAZIL - Almost 30% of the gold exported by Brazil between 2019 and 2020 - 48.9 tons - may have come from illegal mining areas, in a combination of inspection shortcomings, irregular actions by companies and false documents used to launder gold extracted from protected areas, shows a study conducted by the Federal Prosecutor's Office and researchers from the Federal University of Minas Gerais (UFMG).

The cross-referencing of data presented in the study considered only the gold registered with federal agencies, with payment of the Financial Compensation for Exploitation of Mineral Resources (CFEM), the tax collected by . . .

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