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United States Legal Gold and Mining Partnership Act

Source: Congress.gov  ·  8,611 words in original text
This bill directs the Secretary of State to develop a multi-year strategy to combat illegal gold mining in the Western Hemisphere. The strategy addresses the environmental damage and criminal activity linked to illegal gold mining, including connections to drug trafficking organizations and terrorist groups. The bill also requires federal agencies to investigate illegal gold trade and work with other countries to stop these activities. ##
- The Secretary of State and multiple federal departments (Treasury, Homeland Security, Justice, Interior, and the U.S. Agency for International Development) - Foreign governments in Latin America and the Caribbean - Artisanal and small-scale gold miners in the Western Hemisphere - Criminal organizations and terrorist groups involved in illegal gold mining - U.S. companies that purchase or trade gold - Congress (through required briefings and reports) ##
- The Secretary of State must develop a comprehensive strategy to combat illegal gold mining in the Western Hemisphere, working with other federal agencies. (Sec. 4(a)) - The strategy must include policies to interrupt connections between small-scale miners and criminal actors who profit from mining. (Sec. 4(b)(1)) - The strategy must address how to stop financing and enrichment of criminals involved in illegal gold mining and prevent foreign persons linked to these crimes from accessing U.S. territory, markets, or financial systems. (Sec. 4(b)(3)) - The strategy must build capacity of foreign law enforcement to counter illegal gold mining, money laundering, human trafficking, and cross-border gold smuggling. (Sec. 4(b)(4)) - The Secretary of State must provide classified briefings to Congress about illegal gold mining activities in Venezuela within 90 days of the bill becoming law, and regular briefings about strategy implementation every six months for three years. (Sec. 5, Sec. 4(f)) - The Secretary of State must lead international financial investigations to identify and track assets stolen from Venezuela that are connected to money laundering and mining-related crimes. (Sec. 6(1)) - The U.S. Agency for International Development must establish a public-private partnership with Colombia, Ecuador, Peru, and other democracies in the region to support responsible gold sourcing and help small-scale miners formalize their operations. (Sec. 8(b)) ##
If this bill becomes law, the federal government will create a new coordinated strategy specifically targeting illegal gold mining across the Western Hemisphere. The U.S. will work to prevent foreign criminals and their associates from accessing American financial systems and markets. Federal agencies will share intelligence and conduct investigations with other countries to track illegal gold money flows. Small-scale miners in Latin America will gain access to new programs offering training, financing, and support for switching to legal mining practices. Congress will receive regular updates on illegal gold mining in Venezuela and efforts to combat it. ##
- **Artisanal and small-scale mining (ASM)**: Mining that uses simple, low-cost technology and manual labor-intensive work, is poorly regulated, and typically features harsh and dangerous working conditions. (Sec. 3(2)) - **Illicit actors**: People on U.S. terrorism lists, people designated as global terrorists or major drug traffickers, people blocked by the U.S. Treasury Department, and drug trafficking organizations. (Sec. 3(3)) - **Key stakeholders**: Private sector organizations, industry representatives, and civil society groups representing communities affected by illegal mining, including indigenous groups, that support the strategy. (Sec. 3(4)) - **Legal Gold and Mining Partnership Strategy**: The comprehensive strategy the Secretary of State will develop to combat illegal gold mining. (Sec. 3(5)) ##
Not specified in bill text
Important: This plain English summary was generated by AI and is provided for informational purposes only. It is not legal advice. Always consult the official bill text on Congress.gov or a qualified attorney for legal matters.