While I was out, the Financial Times covered the ongoing disaster of gold mining in Peru’s Madre de Dios region.
Rogues and plunderers have been drawn to Peru’s Amazon for centuries by the legend of Paititi, the Inca’s lost city of gold.
But the jungles that border Brazil and Bolivia have never faced a threat of the magnitude that sky-high gold prices, improved infrastructure and weak state regulation and law enforcement are posing today…
Production fell briefly after the decree and violent protests by thousands of informal miners across Peru that left six people dead. But the amount of gold coming out of Madre de Dios has rebounded steadily ever since; it now supplies almost a fifth of all gold from Peru, the world’s sixth biggest producer.
Mr Aguirre says these official figures vastly understate the amount of ore being pulled out of the jungle, however…
Meanwhile, Survival International and the BBC get incredible aerial footage of one of the last uncontacted indigenous tribes in the Amazon. The people live in Brazil, but according to this report, they are being pestered by uncontacted tribespeople from Peru, who are fleeing logging.
And no, your guitar won’t sound that much better with Peruvian rain forest wood than with a nice slab of maple.
Not exactly cheery stuff, but very much worth a read as this is where the gold supply comes from to fill the vaults in London and Zurich. Know your food chain.