Home | News    Wednesday 7 October 2015

Sudan, Saudi Arabia discuss minerals exploration in the Red Sea

separation
increase
decrease
separation
separation

October 6, 2015 (KHARTOUM) - Sudan and Saudi Arabia on Tuesday have discussed exploration of mineral resources in the common area between the two countries in the Red Sea.

JPEG - 24.2 kb
Saudi men rest along the beach overlooking the Red Sea - (Photo Reuters/Susan Baaghil)

In February 2012 the two nations launched the Atlantis II joint venture to exploit gold, silver, copper and other minerals from the bottom of the Red Sea.

The joint sea region of Atlantis II has about 97 million tons of various raw metals, including a ton of zinc, 500,000 tons of copper, 4000 tons of silver, 80,000 tons of gold and different amounts of cobalt, lead and cadmium precipitates.

On Tuesday, Sudan’s minister of minerals, Ahmed al-Karouri, discussed with the Saudi minister of petroleum and mineral resources, Ali bin Ibrahim al-Nai’mi, actions and measures accomplished by the permanent committee for the management of operations of exploration and exploitation of mineral resources available in the common area between the two countries in the seabed of the Red Sea.

The meeting discussed the committee’s follow up on the technical works and mining studies that were conducted under the first mining license at the site of Atlantis II.

In 2010, the Vancouver-based Diamond Fields International and the Manafa International Ltd., a Saudi Arabian company based in Jeddah, were awarded Red a 30 year license to develop the Atlantis II deposit.

The two ministers stressed the distinguished level of cooperation in the mining sector between the two countries, which resulted in a joint action by the exploitation of mineral resources in the common area between the two countries in the works of the Red Sea.

They underscored the need to enhance cooperation ties that contribute to attracting mining investments, both local and foreign, and achieving economic returns to the two countries through the optimal exploitation of mineral resources.

The meeting was also attended from the Sudanese side by the under-secretary at the ministry of minerals, Nagm al-Din Daood, the director general of the geological research corporation, Youssef al-Samani and several other officials and technicians.

The Saudi side included the under-secretary at the ministry of mineral wealth, Sultan Shawli, the legal advisor at the oil ministry Mohamed al-Fahad and the assistant under-secretary for mineral investments at the ministry of oil, Ahmed Faqih.

(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.



Sudan Tribune

Promote your Page too

Latest Comments & Analysis


Implications of al-Bashir’s regime dismantling 2019-12-12 21:08:55 By Alhadi A. Khalifa The enactment of the law of dismantling the regime of Omar Albashir on 28 November 2019 represents a turning point in the march of the Sudanese revolution given its (...)

Security Arrangements in Sudan: Achilles heels of peace and democratic transformation 2019-12-10 05:47:59 By Elwathig Kameir This article is intended to act as an eye-opener for all the Sudanese political forces. It aims to shed light on the huge challenges that will be faced by the December (...)

Egypt final push to secure zero-sum water-share agreement 2019-12-09 14:11:32 By Ermias Hailu After Egypt’s failure to integrate Eritrea to its territories by the end of the second world war, due to Emperor Haile Selassie’s superior diplomatic skills, the then Egyptian Pan- (...)


MORE






Latest Press Releases


S. Korea supports UN communities building resilience project in Sudan’s Blue Nile 2019-09-09 09:26:41 UNDP Sudan September 5, 2019 (KHARTOUM) - An agreement was signed on 5th of September between the Korean Ambassador, His Excellency. Lee Ki-Seong and Dr. Selva Ramachandran, Resident (...)

Sudanese lawyers and Human rights defenders back calls for civil rule 2019-04-26 10:22:06 Press statement by 55 Sudanese lawyers and Human rights defenders on Sudan Sit-in and Peaceful Protest Khartoum -24/04/2019 We, the undersigned (55) Sudanese lawyers and human rights defenders, (...)

South Sudan’s Lafon youth condemn killings of civilians by Pari community 2019-04-03 21:54:29 Press Statement on the Fighting between Pari/ Pacidi and Lotuko/Lokiri on 24/3/2019 Release by The Lafon County Youth Union: We, the Lafon County Youth Union hereby condemn the atrocities and (...)


MORE

Copyright © 2003-2019 SudanTribune - All rights reserved.