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Russia using gold to evade sanctions, warns UK

The UK's National Crime Agency (NCA) on Wednesday issued a red alert to the financial sector warning that Russia was using gold to evade sanctions imposed after it invaded Ukraine."This alert will aid efforts, in partnership with the regulated sector, including the banks and high value dealers, to ensure that sanctioned individuals or those who represent them cannot use gold to circumvent UK sanctions," said Adrian Searle, director of the National Economic Crime Centre at the NCA. The London Bul

London-Listed Rockfire to Acquire Suspended Dubai Gold Refinery

(Bloomberg) One of Dubai’s biggest gold refineries, suspended in July over concerns that its owners had ties to alleged money launderers, is being acquired by London-listed mining explorer.Most Read from BloombergCaesars Entertainment Paid Millions to Hackers in AttackByron Allen Makes $10 Billion Bid for ABC, Other Disney NetworksVideo-Game Company Unity Closes Offices Following Death ThreatWhen the Homeowners Association Comes for Your HomeDisney Holds Initial Talks on Sale of ABC to Local

UAE Suspends Gold Refiner on Owners Alleged Laundering Link

(Bloomberg) The United Arab Emirates suspended the accreditation of one of its biggest gold refineries over concerns that its owners had ties to alleged money launderers.Most Read from BloombergSingapore Arrests Minister, Property Tycoon in Graft ProbeHow Much Income You Need to Crack America's Richest 1%DeSantis Says No Thanks to $377 Million in US Energy FundsEx-Celsius CEO Alex Mashinsky Charged With Crypto FraudBiden Administration to Forgive $39 Billion in Student DebtEmirates Gold DMCC

Zimbabwe s gold output reaches new record high

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