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

Kitco News

WASHINGTON, Nov 18 (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)

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