Monday, April 28, 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

Bell Q3 Earnings: Massive Impairments. Guidance Cuts. A Mess.

Alamos Gold Q3: Record Revenue & Production Amid Rising Costs

The Junior Mining Market Is Back

Recommended

Germany Looks To Modernize Military Recruitment But Stops Short of Conscription

First Majestic Silver Posts Topline Revenue Of $146.1 Million In Q3 2024

Related News

Is This How China Will ‘Solve’ Its Record Youth Unemployment?

China’s youth unemployment rate has reached an all-time high, doubling in the past four years...

Thursday, June 22, 2023, 03:10:00 PM

Ventripoint Sees First Commercial Sales In China Through Joint Venture

Ventripoint Diagnostics (TSXV: VPT) this morning issued a brief press release related to its joint...

Tuesday, March 2, 2021, 08:25:53 AM

Chinese Crackdown On Tech Continues With Gaming Firms The Latest Focus

It’s been a busy summer for Chinese companies. It all started off when Didi Global...

Monday, September 13, 2021, 10:02:00 AM

Canada Walks Back On Targeting Chinese Investments In Canadian Mining Firms

Canada will not compel Chinese state investors in three of its major mining companies to...

Friday, March 10, 2023, 08:29:00 AM

China Responds To Canada’s Order On Lithium Mining Investments

China is opposed to Canada’s decision to order three Chinese mining companies to divest their...

Tuesday, November 8, 2022, 03:05:00 PM