US Sanctions Gasabo Gold Over Congo Smuggling

The U.S. just slapped sanctions on Rwanda’s Gasabo Gold refinery and two top executives for allegedly smuggling gold from rebel zones in the DRC, linking them to the M23 rebels and even Rwandan officials. This follows a 2023 EU sanction and now targets three mining companies tied to the executives, freezing U.S. assets and cutting off American business. Treasury Secretary vows to stop profiteering from conflict minerals, insisting Congo’s riches belong to its people — even as peace talks stall and fighting rages on in eastern Congo. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/39f6ff67e03f55ab