Call to Re-impose US Sanctions on Gertler

By John Jeffay / March 08, 2021 / www.idexonline.com / Article Link

(IDEX Online) - The Biden administration is under pressure to re-impose sanctions on Israeli diamond billionaire Dan Gertler (pictured).He had his US assets frozen in 2017 amid allegations that he'd looted the Democratic Republic of Congo of its copper, cobalt and other mineral resources.Former President Trump quietly, and controversially, granted him a reprieve during his final days in office.But activists and politicians are now urging President Biden to revoke the one-year provisional license that effectively lifts the sanctions, albeit with close monitoring of his business activities.Thirty civil society organizations in the United States and Congo have jointly written to newly-appointed Treasury Secretary Janet Yellen, according to the Middle East Eye news website, as have Democrats senators Benjamin Cardin, Dick Durbin and Cory Booker."We cannot accept that the last 20 years of opacity in the mining sector to the detriment of the Congolese people can go unnoticed," Jimmy Kande of the Congo is Not for Sale collective told the site. "One does not become an angel in one day."

Recent News

Gold stocks still up after pullback late in the week

October 20, 2025 / www.canadianminingreport.com

US regional bank slump goes global, driving market into gold

October 20, 2025 / www.canadianminingreport.com

Gold stocks weaker but outperform slump in other sectors

October 13, 2025 / www.canadianminingreport.com

West Africa-focussed Robex and PDI to merge

October 13, 2025 / www.canadianminingreport.com

Gold stocks outperform equity market gains

October 06, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok