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International Business Times
International Business Times
Business

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

The Rubaya coltan mine generates around $800,000 in revenue each month for the Rwanda-backed M23 (Credit: 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.

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