US sanctions Rwanda gold refinery accused of smuggling DR Congo's minerals
Summary
The US government has placed sanctions on Rwanda’s Gasabo Gold Refinery and two of its leaders for allegedly smuggling minerals from rebel areas in the Democratic Republic of Congo (DR Congo). The sanctions accuse a network linked to the M23 rebel group of moving gold worth millions of dollars, and involve freezing assets and blocking business with Americans.Key Facts
- The US sanctioned Gasabo Gold Refinery, its chairman Jean Malic Kalima, and general manager Bosco Kayobotsi.
- The refinery is accused of smuggling minerals from eastern DR Congo, controlled by the M23 rebel group.
- The US alleges at least 60kg of gold was smuggled to Rwanda in early 2026.
- Rwandan officials and soldiers are accused of overseeing the smuggling system.
- The European Union had previously sanctioned Gasabo Gold Refinery for exploiting conflict in DR Congo.
- Three mining companies owned by Kalima were also sanctioned by the US.
- Sanctions freeze assets under US jurisdiction and prevent Americans from doing business with these parties.
- The moves follow a peace deal signed by Rwanda and DR Congo aimed at ending conflict and improving mineral trade transparency.
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