SECRETIVE BELGIAN TYCOON IS A KEY INVESTOR IN A MAJOR NEW GOLD REFINERY IN BRAZIL’S AMAZON

On 17 February, The Intercept carried an article saying that Brazilian authorities have concealed the identity of the key investor behind the new North Star gold refinery: Belgian tycoon Sylvain Goetz, whose family’s empire of precious minerals has been ridden with scandal.  In its final phase of construction, the refinery will eventually refine half of the total national gold output: 24 tons of gold per year to begin, and as many as 48 tons per year when it attains full capacity.

https://theintercept.com/2022/02/17/brazil-amazon-gold-refinery-investor-sylvain-goetz

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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