IBOV 176,111.45 ▼ 0.91% IPSA 11,309.36 ▲ 1.36% IPC MEX 66,537.33 ▼ 0.47% MERVAL 3,143,811 ▼ 0.40% COLCAP 2,358.74 ▲ 0.59% BVL PERÚ 58,781.02 ▲ 0.81% USD/BRL5.10▼ 0.39% USD/MXN17.20▼ 0.17% USD/CLP914.05▲ 0.05% USD/COP3,149▼ 1.81% USD/PEN3.38▼ 0.29% USD/ARS1,500▲ 0.22% USD/UYU40.24▲ 1.20% USD/PYG5,919▲ 1.22% USD/BOB11.81▼ 1.32% USD/DOP58.23▼ 0.12% USD/CRC449.80▲ 1.96% USD/GTQ7.62▲ 2.31% USD/HNL26.78▲ 0.64% USD/NIO36.62▲ 0.75% USD/VES754.01▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD156.98▲ 0.31% USD/TTD6.68▲ 0.31% EUR/BRL5.88▼ 0.85% BRENT 82.70 ▲ 4.09% WTI 77.57 ▲ 3.12% IRON ORE 161.91 — — COPPER 6.74 ▲ 0.50% GOLD 4,308 ▲ 1.46% SILVER 61.94 ▼ 0.26% SOY 1,178 ▲ 2.26% CORN 461.25 ▲ 5.61% WHEAT 630.50 ▼ 1.83% COFFEE 324.25 ▼ 0.81% SUGAR 15.58 ▲ 2.84% ORANGE JUICE 152.55 ▼ 3.27% COTTON 83.29 ▲ 1.77% COCOA 5,723 ▼ 2.70% BEEF 225.20 ▼ 3.83% CATTLE 341.75 ▼ 3.28% LITHIUM 72.44 ▼ 0.30% PETR4 42.19 ▲ 0.62% VALE3 75.60 ▼ 1.38% ITUB4 42.16 ▼ 0.52% BBDC4 17.74 ▼ 1.72% ABEV3 15.67 ▼ 1.07% BBAS3 20.33 ▼ 3.42% B3SA3 15.38 ▼ 1.09% WEGE3 48.52 ▼ 0.57% PRIO3 58.74 ▼ 0.78% SUZB3 42.10 ▼ 1.73% RENT3 38.18 ▼ 2.60% AZZA3 16.13 ▲ 1.07% CSAN3 3.82 ▼ 2.30% RAIZ4 0.26 — 0.00% PCAR3 2.90 ▼ 1.36% GMAT3 3.86 ▼ 0.77% PSSA3 52.54 ▼ 1.76% CVCB3 1.57 ▲ 1.29% POSI3 3.47 ▲ 0.29% SLCE3 13.35 ▼ 1.18% NATU3 8.19 ▼ 1.33% BRKM5 6.04 ▲ 2.90% RANI3 8.33 ▼ 0.72% CSNA3 4.80 ▼ 1.84% CMIN3 5.78 ▼ 2.03% USIM5 7.25 ▼ 2.82% GGBR4 25.88 ▼ 1.63% ENEV3 26.62 ▼ 1.33% CPFE3 45.70 ▼ 0.85% CMIG4 11.17 ▼ 0.71% EQTL3 38.37 ▼ 2.07% LREN3 13.53 ▼ 1.02% VIVT3 31.18 ▼ 0.10% RAIL3 13.71 ▼ 2.00% KLABIN 18.05 ▼ 3.17% RAIA DROGASIL 20.18 ▼ 1.80% RDOR3 33.95 ▼ 1.45% HAPV3 11.15 ▲ 0.36% FLRY3 17.20 ▼ 0.92% SMTO3 14.74 ▲ 3.08% UGPA3 32.76 ▲ 1.08% VBBR3 34.96 ▼ 0.37% BBSE3 41.16 ▼ 1.22% BPAC11 56.56 ▼ 0.44% CURY3 31.72 ▼ 0.97% AERI3 2.27 ▼ 1.30% VIVARA 21.83 ▼ 2.06% COMPASS 23.40 ▼ 3.39% VAMOS 3.13 ▼ 5.72% SANB11 29.51 ▲ 0.10% ASAI3 8.66 ▼ 1.93% SBSP3 27.41 ▼ 1.08% WALMEX 49.40 ▲ 1.79% GMEXICO 220.77 ▼ 0.72% FEMSA 210.21 ▼ 1.95% CEMEX 19.56 ▼ 2.00% GFNORTE 198.80 ▼ 0.07% BIMBO 60.80 ▼ 0.59% TELEVISA 9.74 ▲ 2.31% AMX 20.68 ▼ 0.53% GAP 382.36 ▲ 2.12% ASUR 278.56 ▲ 2.06% OMA 238.22 ▲ 0.90% KOF 188.29 ▲ 0.57% GRUMA 254.30 ▼ 1.08% KIMBER 40.23 ▲ 0.17% SQM-B 66,420 ▲ 3.86% COPEC 6,284 ▼ 0.06% BSANTANDER 81.62 ▲ 1.77% FALABELLA 6,438 ▲ 1.45% ENELAM 87.67 ▲ 0.71% CENCOSUD 2,062 ▲ 2.06% CMPC 1,030 ▼ 0.01% BANCO CHILE 192.39 ▲ 1.14% LATAM AIR 26.40 ▲ 0.08% YPF 7,875 ▲ 2.47% GGAL 7,480 ▼ 2.09% PAMPA 5,250 ▼ 1.13% TXAR 684.00 ▲ 0.44% ALUAR 933.00 ▼ 0.74% TGS 9,280 ▲ 0.38% CEPU 2,229 ▼ 1.50% MIRGOR 1,620 — 0.00% COME 41.10 ▼ 0.84% LOMA NEGRA 3,470 ▼ 0.79% BYMA 289.00 ▲ 0.17% TELECOM ARG 4,375 ▲ 0.92% ECOPETROL 17.33 ▲ 5.74% BANCOLOMBIA 91.28 ▲ 1.26% GRUPO AVAL 5.15 ▼ 2.83% CREDICORP 393.27 ▼ 0.41% SOUTHERN COPPER 194.69 ▼ 1.17% BUENAVENTURA 32.58 ▼ 1.27% MERCADOLIBRE 1,815 ▼ 5.57% NUBANK 14.14 ▼ 2.38% XP 16.87 ▼ 0.65% PAGSEGURO 9.28 ▼ 1.33% STONE 11.15 ▼ 0.22% GLOBANT 36.96 ▼ 3.70% TECNOGLASS 45.28 ▼ 5.18% GAP AIRPORT 222.24 ▲ 2.17% ASUR 278.56 ▲ 2.06% OMA AIRPORT 110.95 ▲ 1.22% AMX ADR 23.94 ▼ 0.33% FEMSA ADR 122.26 ▼ 1.70% CEMEX ADR 11.33 ▼ 1.95% PETROBRAS ADR 18.56 ▲ 1.09% VALE ADR 14.79 ▼ 1.04% ITAU ADR 8.25 ▲ 0.43% SANTANDER BR 5.84 ▲ 0.78% AMBEV ADR 3.03 — 0.00% CSN 0.96 ▼ 2.62% GERDAU 5.10 ▼ 0.78% LATAM ADR 57.60 ▼ 0.17% BTC 64,377 ▼ 0.34% ETH 1,907 ▲ 0.01% SOL 72.58 ▼ 1.87% XRP 1.03 ▼ 2.64% BNB 590.17 ▼ 0.51% ADA 0.20 ▲ 5.92% DOGE 0.07 ▼ 1.82% AVAX 6.45 ▼ 3.05% LINK 8.23 ▲ 0.94% DOT 0.82 ▼ 2.33% LTC 45.44 ▲ 0.37% BCH 213.66 ▼ 0.31% TRX 0.33 ▼ 0.11% XLM 0.16 ▼ 2.39% HBAR 0.07 ▼ 0.80% NEAR 1.66 ▼ 2.15% ATOM 1.36 ▲ 0.68% AAVE 88.88 ▼ 0.96% SELIC 14.00% EMBRAER 91.50 ▼ 1.62% EMBRAER ADR 71.79 ▼ 1.36% JBS 13.69 ▼ 0.11% JBS BDR 69.63 ▼ 1.29% MBRF3 16.55 ▼ 1.31% MBRFY 3.22 ▲ 3.21% INTER 5.78 ▲ 1.25% EGX 54,677 ▲ 0.03% USD/ZAR16.33▲ 0.07% USD/NGN1,361▼ 0.11% NIKKEI 65,683 ▼ 0.93% CSI300 4,651 ▼ 0.15% HSI 25,530 ▼ 1.49% NIFTY 24,636 ▲ 0.05% KOSPI 6,296 ▼ 4.58% JCI 6,344 ▼ 0.12% USD/JPY158.35▲ 0.38% USD/CNY6.74▼ 0.10% DAX 26,140 ▲ 0.05% CAC 8,700 ▲ 0.35% FTSE 10,868 ▼ 0.19% MIB 53,683 ▲ 0.44% IBEX 20,180 ▲ 0.62% STOXX 658.19 ▲ 0.16% EUR/USD1.15▼ 0.23% GBP/USD1.35▲ 0.04% SPX 7,711 ▼ 0.16% DJI 53,937 ▼ 0.76% NDX 29,390 ▼ 0.33% RUT 3,007 ▼ 0.40% TSX 36,075 ▼ 0.20% VIX 15.33 ▼ 3.04% USD/CAD1.40▲ 0.01% US10Y 4.6720 ▲ 1.19% IBOV 176,111.45 ▼ 0.91% IPSA 11,309.36 ▲ 1.36% IPC MEX 66,537.33 ▼ 0.47% MERVAL 3,143,811 ▼ 0.40% COLCAP 2,358.74 ▲ 0.59% BVL PERÚ 58,781.02 ▲ 0.81% USD/BRL 5.10 ▼ 0.39% USD/MXN 17.20 ▼ 0.17% USD/CLP 914.05 ▲ 0.05% USD/COP 3,149 ▼ 1.81% USD/PEN 3.38 ▼ 0.29% USD/ARS 1,500 ▲ 0.22% USD/UYU 40.24 ▲ 1.20% USD/PYG 5,919 ▲ 1.22% USD/BOB 11.81 ▼ 1.32% USD/DOP 58.23 ▼ 0.12% USD/CRC 449.80 ▲ 1.96% USD/GTQ 7.62 ▲ 2.31% USD/HNL 26.78 ▲ 0.64% USD/NIO 36.62 ▲ 0.75% USD/VES 754.01 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 156.98 ▲ 0.31% USD/TTD 6.68 ▲ 0.31% EUR/BRL 5.88 ▼ 0.85% BRENT 82.70 ▲ 4.09% WTI 77.57 ▲ 3.12% IRON ORE 161.91 — — COPPER 6.74 ▲ 0.50% GOLD 4,308 ▲ 1.46% SILVER 61.94 ▼ 0.26% SOY 1,178 ▲ 2.26% CORN 461.25 ▲ 5.61% WHEAT 630.50 ▼ 1.83% COFFEE 324.25 ▼ 0.81% SUGAR 15.58 ▲ 2.84% ORANGE JUICE 152.55 ▼ 3.27% COTTON 83.29 ▲ 1.77% COCOA 5,723 ▼ 2.70% BEEF 225.20 ▼ 3.83% CATTLE 341.75 ▼ 3.28% LITHIUM 72.44 ▼ 0.30% PETR4 42.19 ▲ 0.62% VALE3 75.60 ▼ 1.38% ITUB4 42.16 ▼ 0.52% BBDC4 17.74 ▼ 1.72% ABEV3 15.67 ▼ 1.07% BBAS3 20.33 ▼ 3.42% B3SA3 15.38 ▼ 1.09% WEGE3 48.52 ▼ 0.57% PRIO3 58.74 ▼ 0.78% SUZB3 42.10 ▼ 1.73% RENT3 38.18 ▼ 2.60% AZZA3 16.13 ▲ 1.07% CSAN3 3.82 ▼ 2.30% RAIZ4 0.26 — 0.00% PCAR3 2.90 ▼ 1.36% GMAT3 3.86 ▼ 0.77% PSSA3 52.54 ▼ 1.76% CVCB3 1.57 ▲ 1.29% POSI3 3.47 ▲ 0.29% SLCE3 13.35 ▼ 1.18% NATU3 8.19 ▼ 1.33% BRKM5 6.04 ▲ 2.90% RANI3 8.33 ▼ 0.72% CSNA3 4.80 ▼ 1.84% CMIN3 5.78 ▼ 2.03% USIM5 7.25 ▼ 2.82% GGBR4 25.88 ▼ 1.63% ENEV3 26.62 ▼ 1.33% CPFE3 45.70 ▼ 0.85% CMIG4 11.17 ▼ 0.71% EQTL3 38.37 ▼ 2.07% LREN3 13.53 ▼ 1.02% VIVT3 31.18 ▼ 0.10% RAIL3 13.71 ▼ 2.00% KLABIN 18.05 ▼ 3.17% RAIA DROGASIL 20.18 ▼ 1.80% RDOR3 33.95 ▼ 1.45% HAPV3 11.15 ▲ 0.36% FLRY3 17.20 ▼ 0.92% SMTO3 14.74 ▲ 3.08% UGPA3 32.76 ▲ 1.08% VBBR3 34.96 ▼ 0.37% BBSE3 41.16 ▼ 1.22% BPAC11 56.56 ▼ 0.44% CURY3 31.72 ▼ 0.97% AERI3 2.27 ▼ 1.30% VIVARA 21.83 ▼ 2.06% COMPASS 23.40 ▼ 3.39% VAMOS 3.13 ▼ 5.72% SANB11 29.51 ▲ 0.10% ASAI3 8.66 ▼ 1.93% SBSP3 27.41 ▼ 1.08% WALMEX 49.40 ▲ 1.79% GMEXICO 220.77 ▼ 0.72% FEMSA 210.21 ▼ 1.95% CEMEX 19.56 ▼ 2.00% GFNORTE 198.80 ▼ 0.07% BIMBO 60.80 ▼ 0.59% TELEVISA 9.74 ▲ 2.31% AMX 20.68 ▼ 0.53% GAP 382.36 ▲ 2.12% ASUR 278.56 ▲ 2.06% OMA 238.22 ▲ 0.90% KOF 188.29 ▲ 0.57% GRUMA 254.30 ▼ 1.08% KIMBER 40.23 ▲ 0.17% SQM-B 66,420 ▲ 3.86% COPEC 6,284 ▼ 0.06% BSANTANDER 81.62 ▲ 1.77% FALABELLA 6,438 ▲ 1.45% ENELAM 87.67 ▲ 0.71% CENCOSUD 2,062 ▲ 2.06% CMPC 1,030 ▼ 0.01% BANCO CHILE 192.39 ▲ 1.14% LATAM AIR 26.40 ▲ 0.08% YPF 7,875 ▲ 2.47% GGAL 7,480 ▼ 2.09% PAMPA 5,250 ▼ 1.13% TXAR 684.00 ▲ 0.44% ALUAR 933.00 ▼ 0.74% TGS 9,280 ▲ 0.38% CEPU 2,229 ▼ 1.50% MIRGOR 1,620 — 0.00% COME 41.10 ▼ 0.84% LOMA NEGRA 3,470 ▼ 0.79% BYMA 289.00 ▲ 0.17% TELECOM ARG 4,375 ▲ 0.92% ECOPETROL 17.33 ▲ 5.74% BANCOLOMBIA 91.28 ▲ 1.26% GRUPO AVAL 5.15 ▼ 2.83% CREDICORP 393.27 ▼ 0.41% SOUTHERN COPPER 194.69 ▼ 1.17% BUENAVENTURA 32.58 ▼ 1.27% MERCADOLIBRE 1,815 ▼ 5.57% NUBANK 14.14 ▼ 2.38% XP 16.87 ▼ 0.65% PAGSEGURO 9.28 ▼ 1.33% STONE 11.15 ▼ 0.22% GLOBANT 36.96 ▼ 3.70% TECNOGLASS 45.28 ▼ 5.18% GAP AIRPORT 222.24 ▲ 2.17% ASUR 278.56 ▲ 2.06% OMA AIRPORT 110.95 ▲ 1.22% AMX ADR 23.94 ▼ 0.33% FEMSA ADR 122.26 ▼ 1.70% CEMEX ADR 11.33 ▼ 1.95% PETROBRAS ADR 18.56 ▲ 1.09% VALE ADR 14.79 ▼ 1.04% ITAU ADR 8.25 ▲ 0.43% SANTANDER BR 5.84 ▲ 0.78% AMBEV ADR 3.03 — 0.00% CSN 0.96 ▼ 2.62% GERDAU 5.10 ▼ 0.78% LATAM ADR 57.60 ▼ 0.17% BTC 64,377 ▼ 0.34% ETH 1,907 ▲ 0.01% SOL 72.58 ▼ 1.87% XRP 1.03 ▼ 2.64% BNB 590.17 ▼ 0.51% ADA 0.20 ▲ 5.92% DOGE 0.07 ▼ 1.82% AVAX 6.45 ▼ 3.05% LINK 8.23 ▲ 0.94% DOT 0.82 ▼ 2.33% LTC 45.44 ▲ 0.37% BCH 213.66 ▼ 0.31% TRX 0.33 ▼ 0.11% XLM 0.16 ▼ 2.39% HBAR 0.07 ▼ 0.80% NEAR 1.66 ▼ 2.15% ATOM 1.36 ▲ 0.68% AAVE 88.88 ▼ 0.96% SELIC 14.00% EMBRAER 91.50 ▼ 1.62% EMBRAER ADR 71.79 ▼ 1.36% JBS 13.69 ▼ 0.11% JBS BDR 69.63 ▼ 1.29% MBRF3 16.55 ▼ 1.31% MBRFY 3.22 ▲ 3.21% INTER 5.78 ▲ 1.25% EGX 54,677 ▲ 0.03% USD/ZAR 16.34 ▲ 0.06% USD/NGN 1,361 ▲ 0.07% NIKKEI 65,683 ▼ 0.93% CSI300 4,651 ▼ 0.15% HSI 25,530 ▼ 1.49% NIFTY 24,636 ▲ 0.05% KOSPI 6,296 ▼ 4.58% JCI 6,344 ▼ 0.12% USD/JPY 158.35 ▲ 0.43% USD/CNY 6.7431 ▲ 0.04% DAX 26,140 ▲ 0.05% CAC 8,700 ▲ 0.35% FTSE 10,868 ▼ 0.19% MIB 53,683 ▲ 0.44% IBEX 20,180 ▲ 0.62% STOXX 658.19 ▲ 0.16% EUR/USD 1.1526 ▼ 0.25% GBP/USD 1.3455 ▼ 0.10% SPX 7,711 ▼ 0.16% DJI 53,937 ▼ 0.76% NDX 29,390 ▼ 0.33% RUT 3,007 ▼ 0.40% TSX 36,075 ▼ 0.20% VIX 15.33 ▼ 3.04% USD/CAD 1.4016 ▲ 0.04% US10Y 4.6720 ▲ 1.19%
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Colombia’s fight against illegal mining

By · May 23, 2023 · 3 min read

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The Colombian government has made good on its promise to vigorously crack down on illegal mining, carried out by organized armed groups, and causes irreparable environmental damage.

The results have been telling.

On May 10, for example, the National Police reported the destruction of 32 mining machines in Tutendo, Certegui, and Rio Quito in the department of Chocó, valued at US$2.8 million.

For the armed groups, illegal mining is a business that is more lucrative than drug trafficking (Photo internet reproduction)
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These machines are not only a costly investment for criminal groups but also require meticulous coordination to smuggle them into mining operations.

In late March, the Navy reported that a joint operation in Buenaventura, Valle del Cauca Department, also destroyed two mining production facilities worth more than US$21,000, halting criminal mining activities in the area.

On March 7, this time in the Department of Antioquia, the government reported the destruction of a significant amount of machinery and materials used for illegal mining without providing exact details.

A few days earlier, also in Antioquia, authorities reported the destruction of 40 illegal mines.

According to the Ministry of Defense, between early August 2022 and early February 2023, Colombian security forces went into nearly 1,000 illegal mines, seizing and destroying hundreds of machines and equipment used for illegal mining, such as excavators, pumps, engines, and large quantities of liquid and solid operating materials.

“The armed groups of the Clan del Golfo are the ones that are present in these areas and profit from the environmental damage that occurs there,” said Major Johann Guzmán, commander of Marine Infantry Battalion No. 21 of the Colombian Marine Corps.

According to Guzmán, criminal groups employ residents of these areas who work under pressure in the mines with the machinery supplied.

“These are jobs controlled by these groups because they are the ones who profit and collect the gold extracted,” Guzmán continued.

Illegal gold mining has long plagued Latin America, including Colombia.

Venezuela’s neighbor has banned mercury in mining since 2018, but the highly toxic metal continues to be used extensively in gold extraction.

In addition, “the use of machinery without any control in these areas leads to deforestation and affects water sources, as the dumping of chemicals such as cyanide and mercury used in processing this type of materials contaminate rivers.

This damages the riverbanks and the rivers into which they flow, directly affecting the communities that live along these riverbanks.

For the armed groups, illegal mining is a business that is more lucrative than drug trafficking.

“Compared to the illegal coca business, where a kilogram of coca can be had on the Colombian market for about US$1,075, a kilogram of illegal gold costs about US$5,300, which has caused this business to skyrocket; and today it is contaminating [the environment] in a critical way,” complains Delegate for the Environment Gabriel Adolfo Jurado when he presented a summary of his agency’s activities in late July 2022.

According to the Navy, in 2022 and through the end of April 2023, authorities arrested 82 people for illegal mining.

They seized 11,438 kg of metals, including 454 kg of gold, 54.2 kg of mercury, 2,142 kg of tin, 8,777 kg of coltan, and 10 kg of copper.

News Colombia, English news Colombia, illegal mining in Colombia

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