NEWS ANALYSIS: Russia and Wagner unlikely to abandon gold mines in Africa
The continent’s riches have become a lifeline for the Russian economy
28 June 2023 - 05:00
Yevgeny Prigozhin, his Wagner private army and related companies have been extracting gold and mineral resources from mines in Africa to prop up the Russian regime against Western sanctions.
The London Bullion Market Association has since March 2022 banned Russian gold, but the country’s gold producers quickly relayed the constant supply from Sudan and the Central African Republic to the United Arab Emirates (UAE), Turkey and China...
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