Bill > S799

This bill establishes a comprehensive multi-year strategy to combat illicit gold mining in the Western Hemisphere, addressing significant economic, environmental, and social challenges associated with illegal mining activities. The legislation aims to interrupt linkages between artisanal and small-scale mining (ASM) and criminal organizations, deter mining in environmentally protected areas, and counter the financing of illicit gold trade. Key provisions include developing strategies to support the formalization of mining operations, promoting responsible sourcing and due diligence in gold supply chains, building capacity for law enforcement to investigate mining-related crimes, and engaging with civil society to reduce environmental impacts. The bill requires the Secretary of State to create a detailed strategy within 180 days, coordinate with relevant federal agencies, and provide semiannual briefings to congressional committees. It also includes specific focus on countries like Venezuela, Nicaragua, and others in Latin America, with provisions for investigating illicit gold trade, supporting international cooperation, and establishing public-private partnerships to improve gold mining practices. The legislation authorizes up to $10 million in funding for fiscal years 2025 and 2026 to implement these objectives, with the broader goal of reducing the negative economic, social, and environmental impacts of illegal gold mining in the region.

Government Affairs

https://www.congress.gov/bill/119th-congress/senate-bill/799/all-info