Prøve GULL - Gratis
THE NEW GOLD RUSH
Time
|October 27, 2025
Driven by a changing global order, the new clamor for gold brings ready cash, and deadly costs

DRIVE AN HOUR SOUTH OF KUMASI, GHANA'S BUSTLING second city, and before long the dense jungle gives way to denuded hills peppered with rickety timber frames.
On every slope, gumbooted workers shovel the tawny earth down to muddy pools in the furrows, from whence the sludge is pumped to the frame's zenith to gush down a shallow ramp lined with webbed plastic matting. At the base, more workers sweep the outflow with metal detectors.
Several times a day, the incessant din of diesel engines pauses while the mats are delicately removed and placed in outsize tubs for washing. It's only then that the glistening purpose of this toil materializes through the murky soup: gold—tiny flecks, yet with global prices breaching a record high of $4,000 an ounce, valuable enough to render any other labor foolish by comparison.
"I've worked galamsey for 15 years," says dad of five Steven, using the local term for wildcat gold mining, as he rests wearily on his shovel. His work here earns 1,000 Ghanaian cedis ($81) each week, he says, or eight times the national minimum wage, "I also work as a driver and grow plantain, cassava, and coconut on my family farm. But the money here is so much better."
Profitable, but illegal—which is why Steven requested TIME use only one name. Yet galamsey is no secret in Ghana, whose colonial name "Gold Coast" offers some measure of how this precious metal has long been interwoven with people's lives. Early Arab traders exulted in the extravagance of the Asante court in Kumasi, including royal guard dogs adorned in gold collars and officials whose wrists were hung with nuggets so large they had to be supported by boy attendants.

Denne historien er fra October 27, 2025-utgaven av Time.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Time

Time
THE NEW GOLD RUSH
Driven by a changing global order, the new clamor for gold brings ready cash, and deadly costs
12 mins
October 27, 2025

Time
Nearly half of those held by ICE faced no criminal charges
WHEN PRESIDENT DONALD Trump launched his reelection campaign, he vowed to deport \"the worst of the worst\" while blaming migrants for bringing \"crime, drugs, misery and death\" to the U.S. And since he took office for his second term, a wave of public and sometimes violent arrests by Immigration and Customs Enforcement (ICE) officers have taken place across the country.
1 mins
October 27, 2025

Time
A knife's-edge nuclear drama
SOMETIMES MOVIES REACH US IN A PLACE beyond mere assessment: you walk away from the thing you’ve just seen not really knowing if you'd call it good or bad, but you know something has shifted inside you.
2 mins
October 27, 2025

Time
The Risk Report
ARGENTINA'S PRESIDENT JAVIER Milei, a man who's enjoyed extraordinary success with a “move-fast-and-break-things” approach to politics and economic policy, is starting to look a lot more vulnerable. And at an inconvenient moment, with the approach of the country's Oct. 26 midterm elections, which could mark the beginning of the end for Milei and his reform efforts.
2 mins
October 27, 2025

Time
WHY BABY BOXES ARE SUDDENLY EVERYWHERE
Devices to help parents anonymously surrender an infant are spreading across the U.S.—stirring emotions, and debate
14 mins
October 27, 2025

Time
NEW OPIOID ON THE BLOCK
Amid crackdowns on fentanyl, a potent and less detectable alternative emerges
3 mins
October 27, 2025

Time
The story I lived to tell
FOR ISRAEL'S HOSTAGES, AS FOR THE WORLD, OCT. 7 WAS ONLY THE BEGINNING
12 mins
October 27, 2025

Time
5 symptoms foot doctors say you should never ignore
If you want to take a step toward better health, see a foot doctor.
3 mins
October 27, 2025

Time
Mining the origins of a showbiz family
BEN STILLER DIDN'T WANT TO INSERT HIMSELF INTO HIS documentary Stiller & Meara: Nothing Is Lost.
4 mins
October 27, 2025

Time
THE ROBOT IN YOUR KITCHEN
A DOZEN OR SO YOUNG MEN AND WOMEN, EYES obscured by VR headsets, shuffle around a faux kitchen in a tech company's Silicon Valley headquarters. Their arms are bent at the elbows, palms facing down.
11 mins
October 27, 2025
Listen
Translate
Change font size