• Latest
  • Trending
  • All
  • Politics
  • Economy
  • Security
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Opinion
  • Columns
  • Exposé
  • World
  • Lifestyle
DR Congo: US Hits Rwanda Gold Refinery With Sanctions Over Alleged Mineral Smuggling

DR Congo: US Hits Rwanda Gold Refinery With Sanctions Over Alleged Mineral Smuggling

3 months ago
South Africa Loses 14,000 Formal Jobs As Employment Slide Deepens

South Africa Loses 14,000 Formal Jobs As Employment Slide Deepens

5 hours ago
Guinea-Bissau Gives Portuguese Journalists Aug. 19 Ultimatum To Leave

Guinea-Bissau: Ousted President Embalo To Seek Election December

5 hours ago
King Of Morocco Appoints First Female Prime Minister

King Of Morocco Appoints First Female Prime Minister

9 hours ago
Burkina Faso: Junta-Led Government Inaugurates First Gold Refinery

Burkina Faso: Junta-Led Government Inaugurates First Gold Refinery

11 hours ago
Tanzania: Hassan Predicts Economic Woes At Swearing-In Of Cabinet Comprising Daughter, Son-In-Law

Tanzania Drops Referral Visa Requirement For Nigerians

14 hours ago
Wednesday, September 30, 2026
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • HT Management
  • About HT
  • Contact
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    Guinea-Bissau Gives Portuguese Journalists Aug. 19 Ultimatum To Leave

    Guinea-Bissau: Ousted President Embalo To Seek Election December

    King Of Morocco Appoints First Female Prime Minister

    King Of Morocco Appoints First Female Prime Minister

    Brazilian President, Lula Slams Trump Over Attempt To Govern Other Countries

    Brazilian President, Lula Slams Trump Over Attempt To Govern Other Countries

    US: Trump Lists 25 ‘Top Achievements’ Ahead Of Midterm Elections

    US: Trump Lists 25 ‘Top Achievements’ Ahead Of Midterm Elections

    S/Sudan: President Kiir Sacks Long-Serving Intelligence Chief

    South Sudan: President Kiir Sacks Head Of Electoral Body Months To First Polls

    SA Proposes To Buy LNG From U.S. In Exchange For Duties Exemption

    Xenophobia: US Targets South African Officials With Visa Restrictions

    Libya: UN Applauds Agreement By Rival Parties To Hold Election

    Libya: UN Applauds Agreement By Rival Parties To Hold Election

    S/Africa: Court Approves Sale Of Mandela’s Personal Items, Win For Daughter

    South Africa: Govt Takes Mandela Auction Dispute To Constitutional Court

    Niger: Advocacy Group Denounces Suspension Of 9 French Media Outlets

    Niger: Thousand Protest In Support Of Junta Leader After Foiled Mutiny

  • Economy
    Burkina Faso: Junta-Led Government Inaugurates First Gold Refinery

    Burkina Faso: Junta-Led Government Inaugurates First Gold Refinery

    Gabon: President Nguema Places Ban On Social Media Over “False Information”

    Gabon Sets $2bn Int’l Borrowing Target To Fund 2027 Budget

    Mozambique Clears IMF Loan Before Due Date

    Mozambique Hopes To Secure New Loan After IMF Visit

    Zimbabwe Seeks $115m Afreximbank Facility To Expand Rail Operations

    Zimbabwe Seeks $115m Afreximbank Facility To Expand Rail Operations

    WEF: Okonjo-Iweala Urges Nigeria To Seek Global Investment, Supply Chains

    WTO Calls For Reforms, Says Global Trade System At Critical Juncture

    Senegal: President Faye To Meet IMF Chief In Washington Tuesday

    Senegal: President Faye To Meet IMF Chief In Washington Tuesday

    Kenya: US Pledges Support In Developing Key Minerals Processing Industry

    Kenya: US Pledges Support In Developing Key Minerals Processing Industry

    Senegal: PM Says $3.5bn IMF Arrears Must Be Cleared To Rejig Economy

    Senegal: PM Says $3.5bn IMF Arrears Must Be Cleared To Rejig Economy

    Kenya: Ruto Orders Shooting Of Protesters Attacking Businesses

    Kenya: Ruto Orders Indian Chemical Company To Exit, Cites Poor Economic Impact

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    Guinea-Bissau Gives Portuguese Journalists Aug. 19 Ultimatum To Leave

    Guinea-Bissau: Ousted President Embalo To Seek Election December

    King Of Morocco Appoints First Female Prime Minister

    King Of Morocco Appoints First Female Prime Minister

    Brazilian President, Lula Slams Trump Over Attempt To Govern Other Countries

    Brazilian President, Lula Slams Trump Over Attempt To Govern Other Countries

    US: Trump Lists 25 ‘Top Achievements’ Ahead Of Midterm Elections

    US: Trump Lists 25 ‘Top Achievements’ Ahead Of Midterm Elections

    S/Sudan: President Kiir Sacks Long-Serving Intelligence Chief

    South Sudan: President Kiir Sacks Head Of Electoral Body Months To First Polls

    SA Proposes To Buy LNG From U.S. In Exchange For Duties Exemption

    Xenophobia: US Targets South African Officials With Visa Restrictions

    Libya: UN Applauds Agreement By Rival Parties To Hold Election

    Libya: UN Applauds Agreement By Rival Parties To Hold Election

    S/Africa: Court Approves Sale Of Mandela’s Personal Items, Win For Daughter

    South Africa: Govt Takes Mandela Auction Dispute To Constitutional Court

    Niger: Advocacy Group Denounces Suspension Of 9 French Media Outlets

    Niger: Thousand Protest In Support Of Junta Leader After Foiled Mutiny

  • Economy
    Burkina Faso: Junta-Led Government Inaugurates First Gold Refinery

    Burkina Faso: Junta-Led Government Inaugurates First Gold Refinery

    Gabon: President Nguema Places Ban On Social Media Over “False Information”

    Gabon Sets $2bn Int’l Borrowing Target To Fund 2027 Budget

    Mozambique Clears IMF Loan Before Due Date

    Mozambique Hopes To Secure New Loan After IMF Visit

    Zimbabwe Seeks $115m Afreximbank Facility To Expand Rail Operations

    Zimbabwe Seeks $115m Afreximbank Facility To Expand Rail Operations

    WEF: Okonjo-Iweala Urges Nigeria To Seek Global Investment, Supply Chains

    WTO Calls For Reforms, Says Global Trade System At Critical Juncture

    Senegal: President Faye To Meet IMF Chief In Washington Tuesday

    Senegal: President Faye To Meet IMF Chief In Washington Tuesday

    Kenya: US Pledges Support In Developing Key Minerals Processing Industry

    Kenya: US Pledges Support In Developing Key Minerals Processing Industry

    Senegal: PM Says $3.5bn IMF Arrears Must Be Cleared To Rejig Economy

    Senegal: PM Says $3.5bn IMF Arrears Must Be Cleared To Rejig Economy

    Kenya: Ruto Orders Shooting Of Protesters Attacking Businesses

    Kenya: Ruto Orders Indian Chemical Company To Exit, Cites Poor Economic Impact

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
No Result
View All Result
First with the News
Home Top Stories

DR Congo: US Hits Rwanda Gold Refinery With Sanctions Over Alleged Mineral Smuggling

June 26, 2026
in Top Stories, World
0 0
0
1
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

The United States has imposed sanctions on a major Rwandan gold refinery and two of its senior executives over allegations that they facilitated the smuggling of minerals from rebel-controlled areas in the eastern Democratic Republic of Congo (DRC).

The sanctions, announced on Friday, target Gasabo Gold Refinery, its chairman, Jean Malic Kalima, and its general manager, Bosco Kayobotsi. Washington accused the refinery of playing a central role in an illicit mineral trade linked to the M23 rebel group, which controls parts of eastern DRC rich in gold and coltan, a critical mineral used in the production of electronic devices.

Relatedreading

South Africa Loses 14,000 Formal Jobs As Employment Slide Deepens

Guinea-Bissau: Ousted President Embalo To Seek Election December

According to the US Treasury Department, at least 60 kilograms of gold worth millions of dollars were smuggled from eastern DRC to the Gasabo Gold Refinery in early 2026. The US further alleged that the operation was overseen by Rwandan government officials and members of the country’s armed forces.

The latest action comes despite Rwanda’s repeated denial of supporting the M23 rebels, even as United Nations experts have presented evidence linking Kigali to the armed group. While the Rwandan government has yet to respond to the latest US sanctions, it has previously dismissed similar punitive measures as unfair and politically biased.

The United States also sanctioned three mining companies controlled by Kalima—Bugambira Mines, Wolfram Mining and Processing, and Rwinkwavu Mining Corporation, for their alleged involvement in the illicit mineral network.

The sanctioned individuals and companies have not publicly commented on the allegations.

Under the sanctions, any assets belonging to the designated entities and individuals under US jurisdiction will be frozen, while American citizens and businesses are prohibited from engaging in transactions with them.

US Treasury Secretary Scott Bessent said the measures underscore Washington’s commitment to disrupting illegal mineral trafficking and preventing armed groups from profiting from the conflict.

The sanctions follow a US-backed peace agreement signed in December 2025 by the presidents of Rwanda and the DRC. The accord was designed to curb decades of conflict in eastern Congo while promoting transparency in the region’s lucrative mining sector.

Analysts believe the Trump administration also sees the agreement as an opportunity to expand American investment in the region’s strategic minerals.

However, violence has persisted despite the peace deal. During a review summit held recently, officials from the DRC, Rwanda and the United States expressed deep concern over the worsening security situation, warning that renewed fighting threatens to undermine ongoing peace efforts.

ShareTweetSend
Previous Post

Tanzania Places Indefinite Ban On Political Rallies

Next Post

S/A: President Ramaphosa Warns Of Tough Crackdown Ahead Of June 30 Protests

Related Posts

South Africa Loses 14,000 Formal Jobs As Employment Slide Deepens

South Africa Loses 14,000 Formal Jobs As Employment Slide Deepens

September 29, 2026
Guinea-Bissau Gives Portuguese Journalists Aug. 19 Ultimatum To Leave

Guinea-Bissau: Ousted President Embalo To Seek Election December

September 29, 2026

King Of Morocco Appoints First Female Prime Minister

Burkina Faso: Junta-Led Government Inaugurates First Gold Refinery

Trump Turns Down Iran Deal To Reopen Strait Of Hormuz In Seven Days

Guinea: Former PM, Sidya Toure Dies In Paris

Next Post
South Africa: Ramaphosa Deploys 2,200 Troops To Fight Crime In 5 Provinces

S/A: President Ramaphosa Warns Of Tough Crackdown Ahead Of June 30 Protests

AfriHeritage Magazine Issue 3 - Cover 1 AfriHeritage Magazine Issue 3 - Cover 1 AfriHeritage Magazine Issue 3 - Cover 1
AfriHeritage Magazine 2026 AfriHeritage Magazine 2026 AfriHeritage Magazine 2026

Updates

  • Trending
  • Comments
  • Latest
Nigerian Lecturer Found Dead In South African Home

Nigerian Lecturer Found Dead In South African Home

September 19, 2026
Malawi: Electoral Commission Warns Chakwera, Mutharika Against Premature Victory Celebration

Malawi: Electoral Commission Warns Chakwera, Mutharika Against Premature Victory Celebration

September 18, 2025
Iheanacho Helps Leicester City Win First Community Shield Title In 50 years

Iheanacho Helps Leicester City Win First Community Shield Title In 50 years

August 7, 2021
NFF Reacts As Man Attacks Super Falcons Inside Train In Austria

NFF Reacts As Man Attacks Super Falcons Inside Train In Austria

July 21, 2021
South Sudan To Resume Oil Production After Pipeline Destruction

South Sudan Leader Dissolves Government Ahead Of Disputed Election

0
Brazilian President, Lula Slams Trump Over Attempt To Govern Other Countries

Brazilian President, Lula Slams Trump Over Attempt To Govern Other Countries

0
Ethiopia Says It Will Not Go To War With Eritrea Over Red Sea Access

Ethiopia: Fighters Take Over Tigray’s Airport, Forces Cancellation Of Flights

0
EU Blacklists Algeria, Lebanon Over Money Laundering, Delists UAE

Nigeria, EU Move To Conclude Migration Re-Admission Deal

0
South Africa Loses 14,000 Formal Jobs As Employment Slide Deepens

South Africa Loses 14,000 Formal Jobs As Employment Slide Deepens

September 29, 2026
Guinea-Bissau Gives Portuguese Journalists Aug. 19 Ultimatum To Leave

Guinea-Bissau: Ousted President Embalo To Seek Election December

September 29, 2026
King Of Morocco Appoints First Female Prime Minister

King Of Morocco Appoints First Female Prime Minister

September 29, 2026
Burkina Faso: Junta-Led Government Inaugurates First Gold Refinery

Burkina Faso: Junta-Led Government Inaugurates First Gold Refinery

September 29, 2026

Most Recent

South Africa Loses 14,000 Formal Jobs As Employment Slide Deepens

September 29, 2026

Guinea-Bissau: Ousted President Embalo To Seek Election December

September 29, 2026

King Of Morocco Appoints First Female Prime Minister

September 29, 2026

Burkina Faso: Junta-Led Government Inaugurates First Gold Refinery

September 29, 2026

Tanzania Drops Referral Visa Requirement For Nigerians

September 29, 2026

Trump Turns Down Iran Deal To Reopen Strait Of Hormuz In Seven Days

September 26, 2026

Guinea: Former PM, Sidya Toure Dies In Paris

September 26, 2026

Nigeria: Kenyan President Ruto Tours Dangote Refinery

September 25, 2026

About

Heritage Times HT stands as a beacon of pan-African journalism, dedicated to amplyfing the rich tapestry of voices and narratives across the continent. With unwavering commitment, we illuminate the evocative essence of Africa, offering a fresh perspective that captivates our global audience.

Featured

A Nuclear-Armed North Korea As A Metaphor For The ‘Safe State’

One Year of Transformative Stewardship: Walson-Jack’s Innovative Impact on Nigeria’s Civil Service

Africa’s Largest Tech Event, MWC25 Kigali, Returns With Focus On Innovation, Policy

Connect

Connect with us on social media and receive timely updates on the go.

Get Updates

  • About
  • HT Management
  • Privacy Policy

© 2025 Heritage Times (HT) Media.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Welcome
  • Politics
  • Economy
  • Security
  • Exposé
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Columns
    • Opinion
  • World
  • __________________
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • HT Management
  • About HT
  • Contact us

© 2025 Heritage Times (HT) Media.