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East DR Congo Mines Mint Rwanda-backed M23's Fortune

East
International Business Times Fews App News Provider
Fews App Post Time 9h ago

The Rubaya coltan mine generates around $800,000 in revenue each month for the Rwanda-backed M23 AFP Mine shafts snake under the eastern Democratic Republic of Congo's mountains, but instead of the Congolese government their rich veins are making a mint for the Rwanda-backed M23. In the tracts of land the M23 has seized following its 2021 resurgence in the eastern DRC, an area mineral-rich yet scarred by decades of conflict, the armed group levies high natural resource taxes. The crown jewel in the M23's expansion is the DRC's largest coltan mine from which the group generates around $800,000 in revenue each month, according to UN experts.

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