{"id":5182,"date":"2012-06-19T10:26:44","date_gmt":"2012-06-19T15:26:44","guid":{"rendered":"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/?p=5182"},"modified":"2012-06-19T10:26:44","modified_gmt":"2012-06-19T15:26:44","slug":"gold-overtakes-drugs-as-source-of-colombia-rebel-funds","status":"publish","type":"post","link":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/gold-overtakes-drugs-as-source-of-colombia-rebel-funds\/","title":{"rendered":"Gold overtakes drugs as source of Colombia rebel funds"},"content":{"rendered":"

\"\"<\/a><\/p>\n

Well it appears that Gold is now more lucrative than coca and the FARC rebels are busy taking advantage of the gold being mined in Columbia.\u00a0 Here is a great story reported by\u00a0 the BBC.<\/p>\n

Rebels are now involved in legal and illegal gold mining.\u00a0 A decade ago, the Colombian region of Putumayo was the main production centre for coca, the raw material for cocaine. And the guerrillas from the Revolutionary Armed Forces of Colombia (Farc) were well placed to profit from the illegal drugs trade. Today, there are still small fields of bright green coca cut from the virgin jungle, but the rebels have found a more lucrative, and far safer, source of income: gold.\u00a0 It was here the US military aid package, known as Plan Colombia, which has amounted to some $8bn (\u00a35bn) since 1999, was concentrated. Since 2000, fleets of spray planes have dropped glyphosate chemicals over the coca bushes, managing to reduce, but never eradicate, drug production.\u00a0 What the chemicals have done is push local farmers into the new, informal industry of gold mining. “We estimate that the Farc here make 800m pesos ($450,000) a week from illegal gold mining,” said Jhimmy Calvache, the acting mayor of Mocoa in Putumayo province.<\/p>\n

Read the entire article here<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

Well it appears that Gold is now more lucrative than coca and the FARC rebels are busy taking<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-5182","post","type-post","status-publish","format-standard","hentry","category-news-articles-panama-perpsective"],"yoast_head":"\nGold overtakes drugs as source of Colombia rebel funds - Blog and Newsletter<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/gold-overtakes-drugs-as-source-of-colombia-rebel-funds\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gold overtakes drugs as source of Colombia rebel funds\" 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