“A Mexican soldier guards the entrance to the Pasta de Conchos coal mine (AFP/File)”
11/18/12, “Mexican druglords strike gold in coal,” AFP, Mexico
“They may be known for flashy cars and state of the art weaponry, but Mexican druglords have found an earthy new source of wealth: dirty old coal.
They
are mining it themselves in a coal-rich area along the US border or
buying it from small mine operators, then reselling it to a state-owned
company at fabulous margins that can see them make a profit 30 times greater than their initial investment.
Along the way, besides the earth’s black bounty, the druglords are seeking to reap credibility as legitimate business people.
First
word of the Zetas drug cartel’s presence in mining-heavy Coahuila state
came in October from a former governor, Humberto Moreira, who blamed
the notoriously violent group for his son’s death.
The Mexican Mining Association says Mexico produces 15mn tonnes of coal a year, worth $3.8bn. About 95% of it comes from Coahuila.
Reforma newspaper says the Zetas produce or buy 10,000 tonnes of coal a week. Selling it at their inflated prices, that means yearly revenue of $22mn to $25mn.
The Zetas were former Mexican military special forces operatives who worked for the Gulf Cartel.
But they broke away from that group to control lucrative drug
trafficking routes to the US and engage in other crimes such as
extortion, people trafficking and fuel theft....
Moreira says the drug lord had his own coal pit in the region.
But the Zetas presence is not new. Raul Vera, bishop of Coahuila’s capital Saltillo, said drug traffickers have been digging coal for years and doing it in areas where it is illegal.
“It is an open secret that drug traffickers are infiltrating the coal mines.
But since Moreira spoke out, we have seen police and military around
and we know they arrested several people,” a coal industry businessman
in Agujita said.
Highway 57 heading north to the US runs through a dusty black area where piles of coal from small, precariously operated mines
dot the landscape. Fatal accidents are common. Trucks loaded with coal
are stopped at checkpoints manned by soldiers looking for drug
traffickers and drug shipments....
Such business activities allow them not just to bring in more money “but above all gain social and political legitimacy”, Salcedo said."...
“Suspected members of the Mexican drug cartel ‘Los Zetas’ from Guatemala and Mexico wait in court for a judgement (AFP/File)”
(Above) “Mexican miners go down in a shaft of a coal mine in Agujita, Coahuila State in Mexico (AFP/File)”
.
George Soros gave Ivanka's husband's business a $250 million credit line in 2015 per WSJ. Soros is also an investor in Jared's business.
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- I'm the daughter of a World War II Air Force pilot and outdoorsman who settled in New Jersey.
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