RUSSIA/CENTRAL AFRICAN REPUBLIC Africa Intelligence

5 Midas Ressources which operates the Ndassima gold mine is currently the only company that has an industrial production permit It is officially a Malagasy firm but appears to be particularly close to private Russian interests in the country

Russia s Hunger For Gold Leads to Violence in

Soaring gold price drives illegal industry; Miners are exploited; nature is degraded; Gangs shift from drugs into artisanal gold sector; LONDON The illicit trade in gold from artisanal mining is feeding conflicts from Ukraine to Sudan funding terrorism fuelling organised crime and subjecting the world s poorest people to horrendous This is the

Proxy Power and Precious Minerals Russia s Growing

In just 2022 alone Mali s four largest gold mining companies—Resolute Mining Barrick Gold B2Gold and Allied Gold—contributed $588 million in taxes and royalties to the junta potentially aiming to replicate the approach used to gain control of the Ndassima mine in the Central African Republic The targeted sites included Fekola

Insight Gold diamonds feed Central African religious

By Daniel Flynn NDASSIMA Central African Republic Reuters Three young rebels their AK47s propped against wooden stools in the afternoon heat guard the entrance to the giant Ndassima

Central African Republic Delve

Mineral production of both diamond and gold is widespread across the Central African Republic Estimates from a 2019 study stated the total production of rough diamonds in the CAR could be approximately 187 000 carats per annum all of which is from ASM an estimated 150 000 300 000 people depending on the sector for their livelihood out of a population of million

Wagner Group s CAR Mining Operations Help Russia Evade

Wagner s affiliate Lobaye Invest has taken over gold and diamond mines in many cases by driving out or killing the artisanal miners who have relied on them Wagner related mining operations generate an estimated $1 billion a year As part of the CAR government s deal with Wagner mining funds the mercenary group s operations

Wagner funnels $ billion in blood gold to Russia s war

Ndassima gold mine in Central African Republic Picture Getty According to The Blood Gold Report In the Central African Republic CAR a Wagner front company has been awarded exclusive rights to the Ndassima mine the country s largest gold mine in return for propping up an authoritarian regime

What Is Wagner Doing in Africa The Atlantic

In the process Wagner troops seized a Canadian owned gold mine Ndassima The Treasury Department valued the gold deposits there at more than $1 billion and John Lechner

The Blood Gold Report Blood Gold Report

3 In Mali the Kremlin s approach is designed to avoid sanctions Blood Gold Report research shows that the four biggest mining companies operating in Mali Barrick Gold Corporation B2Gold Resolute Mining and Allied Gold Corporation continue to deliver millions in revenue to the military junta which seized control in May 2021 despite growing concerns

CAR mine collapse Dozens killed at rebel held gold mine

At least 25 people have died in the collapse of a rebel held gold mine in the southern Central African Republic officials say Seleka rebels are operating the Ndassima gold mine illegally

CAR Gold Mine Collapse Kills 25 Voice of America

Development of the Ndassima gold mine Satellite images appear to show increased operation over a four year period Source Google Earth Maxar Technologies Graphic

What now for Wagner s web of mines and mercenaries

Group s deep commercial interests extend from Syria to Sudan and Central African Republic down to Madagascar

Insight Gold diamonds feed Central African religious

By Daniel Flynn NDASSIMA Central African Republic Reuters Three young rebels their AK47s propped against wooden stools in the afternoon heat guard the entrance to the giant Ndassima

CAR Gold Mine Collapse Kills 25 Voice of America

Development of the Ndassima gold mine Satellite images appear to show increased operation over a four year period Source Google Earth Maxar Technologies Graphic

African Gold is Funding the War in Ukraine RDI

Wagner Group forces are propping up African dictators in exchange for influence and lucrative mining rights As the bills for the war in Ukraine pile up Russia could really use a gold mine Thankfully for Putin the Wagner Group has supplied several—all across Africa Since February of 2022 Russia has obtained over $ billion through […]

It took PMC Wagner 4 days to gain control of CAR gold mines

Ndassima is the largest gold mine in the region Gold mining in the CAR The annual output of these gold mines varies As of the latest available data Ndassima produces approximately metric tons of gold per year while Yat produces around metric tons Kotto and Gbakombo have smaller outputs producing around metric tons each

MIDAS RESSOURCES SARLU Midas The Wagner Project

Midas retains the preferential mining allowance to the CAR s Ndassima gold mine which experts assess contains gold valued at more than one billion dollars Moreover Midas in conjunction with the Wagner Group was responsible for denying CAR government officials the ability to inspect the Ndassima mine Midas along with other Prigozhin

Gold Diamonds Feed Central African Religious Violence

Prospectors work at an open pit at the Ndassima gold mine near Djoubissi north of Bambari May 9 2014 REUTERS/Siegfried Modola "This isn t about religion it s jealousy " he said under an awning

Russia s Hunger For Gold Leads to Violence in

Soaring gold price drives illegal industry; Miners are exploited; nature is degraded; Gangs shift from drugs into artisanal gold sector; LONDON The illicit trade in gold from artisanal mining is feeding conflicts from Ukraine to Sudan funding terrorism fuelling organised crime and subjecting the world s poorest people to horrendous This is the

RUSSIA/CENTRAL AFRICAN REPUBLIC Africa Intelligence

5 Midas Ressources which operates the Ndassima gold mine is currently the only company that has an industrial production permit It is officially a Malagasy firm but appears to be particularly close to private Russian interests in the country

Overcoming insecurity to unlock the Central African

AXMIN a Canadian gold exploration company initially operated the Ndassima gold mine in the Ouaka Prefecture in the country s central region until it was seized during the civil war in 2013

Russian mercenaries implicated in torture and killing of CNN

Gold miners work in the Ndassima gold mine about 25 miles from Bambari Central African Republic in May 2019 Thierry Bresilion/Anadolu Agency/Getty Images Near Bambari for example there are

Gold diamonds feed Central African religious violence

At Ndassima 60 km north of Seleka s military headquarters in the northern town of Bambari sweat soaked labourers toil beneath the gaze of Seleka gunmen to produce some 15 kilos of gold a month

Central African Republic Wagner covets mining permits

The paramilitaries were particularly interested in getting their hands on a mining permit granted to the joint Rwandan Central African venture Oko Africa for an area near Ndassima in the Bambari region in Ouaka prefecture an area with promising gold mining potential where the Russians have been exploiting the largest deposit since 2018

Guns for gold the Wagner Network exposed Foreign

The investigative and policy NGO The Sentry has said that the Network is primarily financed and operated via security and mining activities which are carried out via three CAR registered companies 158 which operate in total opacity 159 One of these Midas Resources has facilities in the gold mine of Ndassima in central CAR to which