U.S. sanctions actions target Russian involvement in Guatemala's mining sector

November 18, 2022 06:55 PM MSK | By Reuters
Image source: Reuters

WASHINGTON (Reuters) - The U.S. Treasury Department on Friday issued sanctions targeting Russian involvement in the Guatemalan nickel sector, according to a statement.

The sanctions target Compania Guatemalteca de Niquel ProNiCo and Mayaniquel, Guatemalan-based subsidiaries of Solway Investment Group. As part of the same action, Treasury also sanctioned Dmitry Kudryakov, who leads Solway's mining operations in Guatemala, and a Belarusian national for allegedly leading bribery and corruption schemes.

(Reporting by Rami Ayyub and Paul Grant, Writing by Caitlin Webber)

Top LSE Listed Companies

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK