Home | News    Friday 28 October 2016

No restrictions on Sudan’s gold exports: minister

separation
increase
decrease
separation
separation

October 27, 2016 (KHARTOUM). Sudan’s Minister of Minerals Ahmed Sadiq al-Karouri on Thursday assured investors from Oman Sultanate that there are no restrictions on Sudanese gold export.

JPEG - 29.2 kb
Gold bullion blocks pictured at a gold refinery in Khartoum on 11 October 2012 (SUNA)

The Minister expected that more mining companies to enter production stage within the coming two years.

In August, Sudanese government said that it would take measures to avoid any possible ban by U.S Administration on Sudan’s gold exports. The measures include importing gold refinery and two factories to be able to sell the Sudanese gold directly in the international markets.

At the time, al-Karouri expected that Washington would try again to impose ban on Sudan’s gold exports after its failure to issue a decision form United Nations Security Council.

“All the mining companies working in Sudan are able to export their gold production without any restrictions,” al-Karouri told the Omani investors on Thursday, pointing that that U.S sanction impose restrictions on importing modern mining equipment and financial transactions.

The minister advised the Omani investors to manufacture minerals instead of exporting them as raw material to add value to the mineral products.

On his part, the Chairman of Board of Director of the Sudanese Omani Company for Investment, Siaf al-Salhi pointed that they are interested to invest in mining sector in Sudan and achieving good results soon.

In April, the Ministry of Minerals said that the country’s production of gold has risen by 3 percent compared to 2015, according to the first quarter of 2016 report.

Near 70% of the country’s gold production in 2015 was produced in the River Nile State. The traditional mining represents 90% of gold production in Sudan.

Sudan currently ranks third in gold production behind South Africa and Ghana but aims to be the biggest gold producing country in Africa by 2018.

(ST)

Comments on the Sudan Tribune website must abide by the following rules. Contravention of these rules will lead to the user losing their Sudan Tribune account with immediate effect.

- No inciting violence
- No inappropriate or offensive language
- No racism, tribalism or sectarianism
- No inappropriate or derogatory remarks
- No deviation from the topic of the article
- No advertising, spamming or links
- No incomprehensible comments

Due to the unprecedented amount of racist and offensive language on the site, Sudan Tribune tries to vet all comments on the site.

There is now also a limit of 400 words per comment. If you want to express yourself in more detail than this allows, please e-mail your comment as an article to comment@sudantribune.com

Kind regards,

The Sudan Tribune editorial team.

Comment on this article



The following ads are provided by Google. SudanTribune has no authority on it.


s
Sudan Tribune

Promote your Page too

Latest Comments & Analysis


Open Letter to Ambassador Donald Y. Yamamoto 2017-09-23 07:09:30 To The Principal Deputy Assistant Secretary, Bureau of African Affairs, U.S. Department of State, Washington, D.C. September 21 , 2016 By Stephen Par Kuol Your Excellency Ambassador Yamamoto: (...)

Sudan’s renegade Sheikh 2017-09-12 12:44:55 By Ahmed H Adam Tensions between the Sudanese regime and militia commander Sheikh Musa Hilal has reached a tipping point in recent weeks. On July 20, Sudanese Vice President Hassabo Abdel (...)

The UN’s WHO knows cholera vaccines have been used effectively: why not in Sudan? 2017-09-09 23:05:26 Eric Reeves The UN’s World Health Organization (WHO) continues in its refusal to call the cholera epidemic that has spread throughout Sudan by its proper name (cholera is caused by the Vibrio (...)


MORE






Latest Press Releases


Amnesty calls to release Nubian activists detained over protest for cultural rights 2017-09-12 20:47:54 AMNESTY INTERNATIONAL PRESS RELEASE 12 September 2017 Egypt: Release 24 Nubian activists detained after protest calling for respect of their cultural rights Egyptian authorities should (...)

New group formed to gather Nuer in United States 2017-08-17 14:15:50 DECLARATION FOR THE FORMATION OF NUD TO BRING TOGETHER ALL NUER IN THE U.S.A Press Statement The Nuer Union For Development (NUD) The United State of America The State of Nebraska August 15, (...)

A prominent Sudan Women and Civil rights activist passed away 2017-08-14 21:09:47 The Strategic Initiative for Women in the Horn of Africa (SIHA) Khartoum, Sudan-August 14 2017 In the early hours of Saturday 12th August Fatima Ahmed Ibrahim, a renowned Sudanese leader of the (...)


MORE

Copyright © 2003-2017 SudanTribune - All rights reserved.