Monday, June 2, 2025

Latest

Russia’s Wagner Group Suspected of Gunning Down Chinese Nationals at African Gold Mine

Nine Chinese nationals working at a gold mine in the Central African Republic were killed by gunmen over the weekend, with a rebel coalition suspected of committing the act instead deflecting blame on the infamous Russian Wagner Group.

As reported by the Associated Press, several gunmen breached security at the Chinese-operated Chimbolo gold mine in the early hours of Sunday, opening fire and killing nine Chinese workers and wounding two others. The bodies were transported to Central African Republic’s capital city of Bangui, while local authorities confirmed they are in the midst of pursuing the perpetrators.

For the time being, though, suspicion is being laid on the Coalition of Patriots for Change (CPC), a series of rebel groups that repeatedly launch similar attacks on Central African Republic forces in the region in support of former president Francois Bozize. “The CPC has not only slowed down the country’s economic momentum, but is now attacking the foundation of development. This is unacceptable,” said Anselme Bangue, a supporter of the country’s current president Faustin Archange Touadera.

The CPC, however, called the accusations false, and instead claimed without supporting evidence that the Wagner Group planned the onslaught “with the goal of scaring Chinese who have been present long before the Russians settled in this part of the country.” Indeed, the elusive Russian mercenary group was invited to the region by Touadera to conduct security services and train the country’s military.

Despite its extensive gold and diamond reserves, Central African Republic is one of the most impoverished countries in the world. The country is under terror from numerous rebel groups, who often target foreign exploration and mining operations.


Information for this briefing was found via the Associated Press and the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Leave a Reply

Video Articles

First Majestic Silver: The Santo Nino Discovery

Avino Silver Q1 Earnings: The Record Streak Continues!

Aya Gold & Silver Q1 Earnings: From Kitchen Sink to Record Results

Recommended

First Majestic Silver: The Santo Nino Discovery

Brazil Potash Completes Site Prep For Port Terminal

Related News

The Purge: Xi Jinping Edition

A different plague is sweeping over China’s highly secretive government: mysterious deaths and disappearances. Politico...

Monday, December 18, 2023, 03:51:00 PM

Securing Antimony Amid China’s Export Curbs This Week

FULL DISCLOSURE: This is sponsored content for Hertz Energy. China’s decision to impose export controls...

Monday, September 9, 2024, 12:15:00 PM

Is China Working With Taliban?

Afghan central bank governor Hidayatullah Badri held a clandestine meeting with Chinese envoy Wang Yu,...

Monday, June 19, 2023, 04:54:00 PM

Lithium Prices Plunge 90% from 2022 Peak as Supply Outpaces Demand

Lithium prices have plummeted nearly 90% from their 2022 peak, as supply outpaces demand in...

Thursday, September 19, 2024, 10:52:25 AM

China’s Silicon Valley On COVID Lockdown, Apple Supplier Shuts Down

China has placed Shenzhen city and the province of Jilin under strict lockdown following the...

Monday, March 14, 2022, 10:02:00 AM