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Midas Ressources SARLU is a
Wagner Group The Wagner Group (), officially known as PMC Wagner (, ), is a Russian state-funded private military company (PMC) controlled 2023 Wagner Group plane crash, until 2023 by Yevgeny Prigozhin, a former close ally of Russia's president Vladimir Pu ...
affiliated precious metals company based in
Central African Republic The Central African Republic (CAR) is a landlocked country in Central Africa. It is bordered by Chad to Central African Republic–Chad border, the north, Sudan to Central African Republic–Sudan border, the northeast, South Sudan to Central ...
.


Operations

The company is based in Central African Republic, with headquarters in
Bangui Bangui (; or Bangî in Sango language, Sango, formerly written Bangi in English) is the Capital (political), capital and List of cities in the Central African Republic, largest city of the Central African Republic. It was established as a Fren ...
. It is connected to the
Wagner Group The Wagner Group (), officially known as PMC Wagner (, ), is a Russian state-funded private military company (PMC) controlled 2023 Wagner Group plane crash, until 2023 by Yevgeny Prigozhin, a former close ally of Russia's president Vladimir Pu ...
.


History

The company operates the
Ndassima Ndassima is a gold mine in Ouaka prefecture in Central African Republic. It is the nation's only industrialized gold mine. It was taken from the legal owners, Axmin Inc., during the civil war in 2013 before being seized by Wagner Group around 2 ...
mine in Central African Republic. The United States imposed sanctions against Midas Ressources on June 27, 2023, in the aftermath of the
Wagner Group rebellion On 23 June 2023, the Wagner Group, a Russian private military company, staged an uprising against the Russia under Vladimir Putin, Russian government. It marked the climax of the Wagner Group–Russian Ministry of Defence conflict, Wagner Grou ...
. Sanctions against the Wagner Group affiliated Diamville were imposed at the same time.


See also

* Diamville * List of companies of the Central African Republic * Mining industry of the Central African Republic * Wagner Group activities in the Central African Republic


References

{{Portal bar, Africa, Business Sanctions and boycotts during the Russo-Ukrainian War Wagner Group activities in the Central African Republic Front organizations Companies of the Central African Republic