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Gold mining is illegal in South Sudan, but locals say it is worth the risk of getting arrested, or buried. They say they might sell as much as 30 grams of gold in a week in a country where six
Formerly under the Ministry of Petroleum, the Mining Ministry came into existence two and a half years ago. Revealing that no mining operations have commenced yet in the country, Mr Deng reiterated that South Sudan is endowed with 16 mineral deposits gold, iron ore, copper, diamond, bauxite and cement, to name a few.
The mining industry of South Sudan started operating from the time South Sudan became a regional government of Sudan in 2005. Its inheritance was a well developed petroleum industry with an extensive network of pipelines passing through Sudan. However, contractual allotments in mining lacked any form of regulatory framework, resulting in the legislative assembly imposing a moratorium on mining
The picture that emerges is a remarkable one: artisanal gold mining in South Sudan employs more than 60,000 people and might indirectly benefit almost half a million people. The vast majority of those involved in artisanal mining are poor rural families for whom alluvial gold mining provides critical income
#0183;#32;There are more than 40,000 gold mining sites in Sudan. About 60 gold processing companies are operating in 13 states of the country.
The mining industry of Sudan was mostly driven by extraction fuel minerals, with petroleum accounting for a substantial contribution to the country''s economy, until the autonomous region of Southern Sudan became an independent country in July 2011. Gold, iron ore, and base metals are mined in the Hassai Gold Mine. Chromite is another important mineral extracted from the Ingessana Hills.
#0183;#32;Thousands of artisan miners have joined a gold rush across Sudan, as the government estimates it made billion US dollars from gold exports last year. Sud...
Sudan produced 78 tonnes of gold in the first nine months of 2018, the countrys main stateowned mining company said in a statement late on Tuesday, exceeding government expectations by
#0183;#32;But it is gold which offers the biggest opportunities. There are 170 gold mining companies working in Sudan, although this does not take account of unofficial mine operations.
New Kush Exploration amp; Mining Company Ltd (NKEM) is a first mover gold exploration company focused on East Africa, particularly South Sudan, northern Uganda and Ethiopia, with a vision to discover new frontier mineral deposits hosting in excess of 3 million ounces of gold.
#0183;#32;Sudan expects to produce around 50 tonnes of gold this year, earning billion, its mining minister said, as the country seeks to offset the loss of most oil reserves when South Sudan
Mining has become the most important sector in the economy. In 2017, the value of gold exports through the Central Bank of Sudan amounted to billion, accounting for about 57 per cent of the countrys total exports, in addition to other large amounts that feed the
New Kush Exploration amp; Mining (NKEM) and the state government of Eastern Equatoria have begun the first gold mining exploration in three counties of Kapoeta region, South Sudan According to industry sources, South Sudan has been engaged in a dispute with Sudan over the transport of oil to international markets and there has been a yearlong halt in production.
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