US$11.5M in gold grabbed in Curacao

– off fishing boat from Guyana

Thieves yesterday stole 70 bars of gold worth an estimated US$11.5 million ($2.3 billion) from a fishing boat moored off the Caribbean island of Curacao, which had been shipped from Guyana, news reports said.

While gold from Guyana is usually exported via air, given the rapid fluctuation of prices for the precious mineral, officials on the island are reported to have said that the shipment was legal and it was being trans-shipped through Curacao. Administrative coordinator of the Guyana Gold and Diamond Miners Association Colin Sparman told Stabroek News that he had heard of the heist but up to late yesterday had not confirmed the news.

He questioned the legality of the shipment stating that all gold exports from Guyana leave by air given the rapid fluctuation of gold prices. He noted that it  …..To continue reading, login or subscribe now.

Join the Conversation

After you comment, click Post. If you're not already logged in you will be asked to log in or register.

The Comments section is intended to provide a forum for reasoned and reasonable debate on the newspaper's content and is an extension of the newspaper and what it has become well known for over its history: accuracy, balance and fairness. We reserve the right to edit/delete comments which contain attacks on other users, slander, coarse language and profanity, and gratuitous and incendiary references to race and ethnicity. We moderate ALL comments, so your comment will not be published until it has been reviewed by a moderator.