Home | News    Monday 23 April 2018

Sudan produces 36.5 tons of gold in first quarter 2018

separation
increase
decrease
separation
separation

Gold mine workers wait to get their raw gold weighed at a gold shop in the town of Al-Fahir in North Darfur on September 24, 2013. (Reuters/Mohamed Nureldin Abdallah)

April 22, 2018 (KHARTOUM) - Sudan’s gold production has reached 36.5 tons during the first quarter of this year, said a report released Sunday by the Sudanese Minerals Resources Company (SMRC), the monitoring arm of the Sudan Minerals Ministry.

The SMRC performance report revealed that the "production of gold for the first quarter reached (36.5) tons with a performance rate of (162%) while the revenues during the first quarter reached 778.548 million Sudanese pounds ($43 million) with a performance rate of 104%," said a statement released by the minerals ministry.

During a meeting chaired by the Minister of Minerals Hashem Ali Salem, SMRC Director General, Mujahid Bilal, said that the production of traditional mining represents 88% of production during the first quarter of 2018.

Gold production is now Sudan’s main source of hard currency after the secession of South Sudan where are the two third of its oil reserves before 2011.

However, restrictions on the hard currency by the Central represents a big challenge impeding the development of the mining industry but also encourage traditional minors to smuggle their production to neighbouring countries.

Sudanese officials said they hope to increase gold production to more than 140 tons during this year and make Sudan the first gold producer 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


Peacekeeping faces challenges: here’s how we can meet them 2018-09-23 11:47:05 By Jean-Pierre Lacroix* United Nations peacekeeping remains one of the most effective tools to respond to today’s challenges of global peace and security. Every day, women and men who serve under (...)

Pragmatic patriarchy of Sudan over South Sudan 2018-09-22 09:28:17 James Okuk, PhD “We honour the human capacity to manage our collective lives with peace and even, at times, dignity” – Barbour & Wright The political process of Sudan and South Sudan has (...)

Salient features of South Sudan latest peace deal 2018-09-21 05:36:06 By Roger Alfred Yoron Modi Last week, the government of South Sudan under President Salva Kiir, various armed and unarmed opposition groups and other parties, including the SPLM/A-IO led by Dr (...)


MORE






Latest Press Releases


Unity State community in Kenya supports Khartoum peace agreement 2018-08-17 08:33:21 PRESS STATMENT 14th Aug, 2018 Re: We shall Rally behind Khartoum Peace Agreement The Unity State Community Association in Kenya was established in 2010 to organize and mobilize the people of (...)

The Suspension of Hurriyat Online Newspaper 2018-04-29 07:04:37 Sudan Democracy First Group 28 April 2018 The Sudanese civil and political circles and those concerned with Sudan were shocked by the news that the management of Hurriyat online newspaper has (...)

Petition on the Deteriorating Human Rights and Humanitarian Situation in Sudan 2018-04-22 10:01:20 UN Secretary-General, New York African Union Commission, Addis Ababa UN High Commissioner for Human Rights, Geneva Petition on the Deteriorating Human Rights and Humanitarian Situation in Sudan (...)


MORE

Copyright © 2003-2018 SudanTribune - All rights reserved.