The U.S. imposed sanctions Friday on Nicaragua’s state-owned gold mining company and the president of its board of directors in part over the Central American nation's ties to Russia.
The sanctions were imposed against the Nicaraguan Mining Co., known by the Spanish-language acronym ENIMINAS, partly because the country's leaders are “deepening their relationship with Russia as it wages war against Ukraine, while using gold revenue to continue to oppress the people of Nicaragua,” the Treasury Department said.
