How gold surpassed cocaine as Peru’s most profitable criminal industry

How gold surpassed cocaine as Peru’s most profitable criminal industry

In Peru, illegal gold mining now generates more profit than cocaine, driven by rising global gold prices. Criminal groups have expanded unregulated extraction in the Amazonian Tambopata National Reserve, causing extensive deforestation and environmental harm. Authorities say the lucrative trade threatens biodiversity and undermines efforts to combat drug trafficking, reshaping the country's illicit economy overall.

How gold surpassed cocaine as Peru’s most profitable criminal industry — PinBrief