by Richard Mudariki

The recent surge in gold prices, surpassing $3,000 per ounce, has captured global attention. This unprecedented rise is largely attributed to economic uncertainties and geopolitical tensions, driving investors toward the stability of precious metals. However, behind the allure of gold lies a darker narrative of corruption, exploitation, and illicit trade.

In 2024, I created the "Gold Mafia" series, a collection of ten 25x25cm paintings depicting portraits of nameless individuals allegedly involved in illicit gold dealings. These artworks are painted on 22 carat gold leaf, symbolizing both the wealth and the corruption associated with the trade. The series was inspired by an Al Jazeera documentary titled the Gold Mafia that exposed Zimbabwe’s deep-seated involvement in illegal gold smuggling. While Zimbabwe is endowed with vast gold reserves, the nation’s wealth has not solely contributed to national prosperity. Instead, Al Jazeera investigations have unveiled intricate smuggling networks implicating high-ranking officials and business magnates.
Zimbabwe’s current currency, the Zimbabwe Gold (ZIG), underscores the nation's rich gold resources. However, the history of gold extends far beyond contemporary economic debates. The story of gold is an enduring saga involving kings, queens, pirates, explorers, conquerors, and the indigenous peoples they displaced. As an element, gold (Au) has an atomic number of 79 and is one of the heaviest naturally occurring metals. Its origins trace back to the cosmic events that shaped the universe itself.
The "Gold Mafia" series serves as a poignant critique of the complex Zimbabwean gold industry. The inaugural pieces of this ten-part collection is currently exhibited in the lobby of the Silo Hotel in Cape Town, while the remaining six artworks are available through artHARARE (info@artharare.com).
Richard mudariki is an artists and cultural producer based in Cape Town
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