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Occupation Revives 19th‑Century Gold Mining in Luhansk to Mask Economic Collapse • Old Gold Schemes Reappear Russian occupation authorities in the temporarily held Luhansk region have issued new licenses for geological exploration and mineral extraction — including for gold — in the Rovenky area, despite local gold reserves having been exhausted in the 19th century. Critics call it a “scam” meant to distract from deeper problems. • Coal Industry in Crisis The move comes as the region’s coal sector has effectively collapsed, with mining wages unpaid for months and closures of key mines due to unprofitability, exacerbating unemployment and social hardship. • Workers Unpaid, Economy Paralyzed Miners haven’t been paid for six months in several occupied areas, and even historically stable mines like Bilorichenska are in dire condition — yet authorities promote “gold‑rush” narratives instead of addressing real economic collapse. 💡 Expert Insight: This revival of defunct gold mining projects appears to be a propaganda and distraction tactic by occupation administrations to obscure deeper economic failures — particularly the breakdown of coal mining and social services — in occupied eastern Ukraine. #RussiaOccupation #OccupiedTerritories #CoalCrisis #EconomicCollapse #EasternUkraine $XAG $XAU $PAXG {future}(PAXGUSDT) {future}(XAUUSDT) {future}(XAGUSDT)
Occupation Revives 19th‑Century Gold Mining in Luhansk to Mask Economic Collapse

• Old Gold Schemes Reappear
Russian occupation authorities in the temporarily held Luhansk region have issued new licenses for geological exploration and mineral extraction — including for gold — in the Rovenky area, despite local gold reserves having been exhausted in the 19th century. Critics call it a “scam” meant to distract from deeper problems.

• Coal Industry in Crisis
The move comes as the region’s coal sector has effectively collapsed, with mining wages unpaid for months and closures of key mines due to unprofitability, exacerbating unemployment and social hardship.

• Workers Unpaid, Economy Paralyzed
Miners haven’t been paid for six months in several occupied areas, and even historically stable mines like Bilorichenska are in dire condition — yet authorities promote “gold‑rush” narratives instead of addressing real economic collapse.

💡 Expert Insight:
This revival of defunct gold mining projects appears to be a propaganda and distraction tactic by occupation administrations to obscure deeper economic failures — particularly the breakdown of coal mining and social services — in occupied eastern Ukraine.

#RussiaOccupation #OccupiedTerritories #CoalCrisis #EconomicCollapse #EasternUkraine
$XAG $XAU $PAXG
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