Home | News    Friday 14 October 2016

Sudan, Russia sign agreements to develop mining sector

separation
increase
decrease
separation
separation

Russian Foreign Minister Sergei Lavrov, (L), and Sudanese Foreign Minister Ibrahim Ghandour meet in Moscow on 9 oct 2015 (Photo Sputnik/Vitaliy Belousov)

October 13, 2016 (KHARTOUM) - Sudanese and Russian governments have on Thursday signed several agreements to develop Sudan’s mining sector after three days of discussions in the Sudanese capital, Khartoum.

Director of Geological Research Corporation, Al-Nour Koko, signed for the Sudanese government and Facile Stainouef signed for the Russian Geology Company.

In a press statement after the signing ceremony, Sudan’s minister of Minerals, Ahmed Sadiq al-Karouri, said the agreements are the fruits of the Sudanese Russian Joint Committee. In December, Sudan and Russia signed 14 agreements on investment in oil, minerals and banking sectors at the end of the Sudanese Russian Joint Committee meetings.

“The agreement with Russian Geology Company includes development of minerals and the geological laboratory,” said al-Karouri, adding that the agreement includes benefiting from Russian advanced mining technology as a pioneer country in the field.

Al-Karouri pointed that the agreement includes drawing a detailed geological map for Sudan which would be used for promoting mineral sector and as a database for minerals in the country.

The minister also noted that the Russian company would finalize detailed studies for five sites including banking studies.

“The agreement will give Sudan access to Russian information on minerals in Sudan since the Soviet Union era and up to now,” said Al-Karouri.

The official went on to say that he is personally sponsoring the agreement which would be implemented within 20 months. In June, al-Karouri said that gold production in the first quarter of the current fiscal year reached 22.3 tones which generated some $903.13 million.

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 land in the first place by 2018.

Gold has become one of Sudan’s largest exports which partially compensated for the loss in oil revenues, which accounted for more than 50% of income until 2011 when South Sudan seceded, thus taking with it most of the country’s oil reserves.

Sudan approved a law to regulate traditional mining by granting licenses and specifying areas to work in to protect them from hazardous conditions and smuggling.

It is believed that traditional mining employs more than a million Sudanese but it is still difficult to obtain credible data.

(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


How we can construct a shared vision for South Sudan’s future? 2020-08-01 09:21:58 David Nyuol Vincent To craft a shared vision for the future of South Sudan is difficult but not impossible. To surpass the perilous situation in which we are in now, we need to learn to (...)

Establish capable security force in Darfur 2020-08-01 07:43:40 By Mahmoud A. Suleiman The Darfur region is destined to continue bleeding. Those who believe in that openly say whether Omer Al-Bashir is still in the rule of Sudan or deposed, the region of (...)

An Unconventional Sudanese Muslim Man 2020-07-29 14:42:58 Tribute to My Grandfather By Shahinaz Sabeel In this essay, Shahinaz Sabeel, a young Sudanese woman who grew up between Sudan, Canada and Uganda, recounts her relationship with her grandfather, (...)


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 © 2003-2020 SudanTribune - All rights reserved.