Home | News    Saturday 16 May 2009

Sudanese-Chinese consortium signs deal to explores gold

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May 15, 2009 (KHARTOUM) –Sudan has awarded a Sudanese-Chinese companies exploration licenses for gold in the Red Sea state, an area thought to be rich in minerals.

The ministry of energy and mining, yesterday May 14, awarded t the Dan Fodio Corporation and the Chinese poly technology Company license for exploration and mining in the rich gold deposit Gibait area in the Red Sea State.

Al Zubair Ahmed Hassan, Minister of energy and mining singed for the Sudanese government while the director general of the Dan Fodio Company signed for the company in the Presence of the state minister for energy and mining Angelina Teny.

The Director of General Authority for Geological Research, Abdul Raziq Obaid, said on confident in the Chinese experience in the extraction of gold from this region. He further disclosed that the two ministries were in the area where there was an estimated 20 tons of gold.

Ibrahim Moussa, Dan Fodio director said the cooperation with Poly Technology Company in this project is an extension of their partnership with the Chinese company. The two firms work already in the iron exploration in eastern Sudan.

Established in 1981as a construction and trading company, the Sudanese corporation which today comprises 32 companies involved in oil industry, dam construction and major agriculture schemes.

(ST)

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