Blood Gold: Wagner Group Generates Billions Through African Gold for the Kremlin

With help of Wagner, Kremlin earns billions on African gold trade - Blood Gold Report investigation

Since the start of Russia’s full-scale invasion of Ukraine, the Kremlin has earned more than $2.5 billion from trading in African gold. It does this with the help of the so-called Wagner Group.

Blood Gold: Wagner Group Generates Billions Through African Gold for the Kremlin

What to Know:  Russia has generated over $2.5 billion through African gold since the start of the Invasion of Ukraine in February 2022, which has been largely supported by the Private Military Company Wagner Group, according to the newly released Blood Gold Report. The control of African gold mines, payment in gold, and gold smuggling has provided up to $114 million in revenue per month, which can be used to circumvent western sanctions against …