The world is in a gold rush, with 2025 marking record-breaking prices. Investors are flocking to this glittering commodity amid economic turbulence, but many are unaware of the dark realities behind its extraction, particularly in West Africa's Sahel region. Here, governments struggling against jihadist insurgencies rely on gold as a critical revenue source. Countries like Mali, Burkina Faso, and Niger together produce around 230 tonnes of gold annually—valued at about $15 billion. However, the benefits of this wealth rarely trickle down to local communities.
In recent years, we're witnessing a rise in Russian influence, as military juntas in the Sahel forge alliances, often outsourcing military campaigns to mercenaries paid in gold. Amidst this backdrop, human rights abuses surface, with armed factions committing atrocities against civilians, driven by the competition over artisanal mining operations—frequently unregulated and informal.
As prices skyrocket, those scraping together a living in small-scale mining see no corresponding rise in their wages. Reports suggest that small miners earn between $18 to $36 daily, with profits concentrated among mine owners. Experts warn that what could be termed "blood gold" is now a key conflict commodity, recalling past issues with blood diamonds.
Despite established organizations like the London Bullion Market Association promoting ethical standards, enforcement is weak—especially in gold's intricate supply chain, which makes tracing its origin nearly impossible. Heavy sanctions and responsibilities to combat conflict minerals remain limited, leaving the Sahel's communities vulnerable to ongoing exploitation and violence. Thus, the irony remains: while gold is a beacon of wealth for some, it spells blood and hardship for many others in these beleaguered regions.
