Midas Ressources

Midas Ressources
IndustryGold mining
Headquarters
Bangui
,
Central African Republic
OwnerWagner Group
Websiteweb.archive.org/web/20220727082141/https://midasrs.com/en/ (July 2022 archive)
Not to be confused with the U.S. precious metal company Midas Resources, owned by Ted Anderson.

Midas Ressources SARLU is a Wagner Group affiliated precious metals company based in Central African Republic.

Operations

The company is based in Central African Republic,[1] with headquarters in Bangui.[2]

It is connected to the Wagner Group.[3][4]

History

Ndassima in 2020

The company operates the Ndassima mine in Central African Republic.[3]

The United States imposed sanctions against Midas Ressources on June 27, 2023, in the aftermath of the Wagner Group rebellion.[5] Sanctions against the Wagner Group affiliated Diamville were imposed at the same time.[6]

See also

References

  1. ^ Psaledakis, Daphne; Pamuk, Humeyra; Pamuk, Humeyra (2023-06-28). "US sanctions gold firms suspected of funding Wagner Group". Reuters. Archived from the original on 2023-06-29. Retrieved 2023-06-29.
  2. ^ "Midas Ressources EN – Midas Ressources". Midas Ressources. 2022-07-27. Archived from the original on 27 July 2022. Retrieved 2023-06-29.
  3. ^ a b "The US sanctioned gold and diamond companies that illegally fund the Wagner Group". Quartz. 2023-06-28. Archived from the original on 2023-06-28. Retrieved 2023-06-29.
  4. ^ Inside Wagner, Russia's Secret War Company | WSJ Documentary, 9 June 2023, archived from the original on 2023-06-10, retrieved 2023-06-10 Quote (21m:30s) "Midas Resources is a Wagner Company"
  5. ^ "Treasury Sanctions Illicit Gold Companies Funding Wagner Forces and Wagner Group Facilitator". U.S. Department of the Treasury. June 27, 2023. Archived from the original on June 27, 2023. Retrieved 2024-07-03.
  6. ^ Bazail-Eimil, Eric (2023-06-27). "U.S. targets Wagner Group associates in Africa with sanctions". POLITICO. Archived from the original on 2023-06-28. Retrieved 2023-06-29.