Sudan Transparency Initiative: The Politics of Mining and …
• In many parts of Sudan, government grants rights to big mining companies in conflict with the local population's perception of their rights, which draw on other sources of legitimacy. 90 per cent of informal gold mining sites are thought to lie within the concession areas of large gold companies.
What South Sudan Can Learn from Neighboring Gold …
The DRC serves as the world's 16th largest gold producer, accounting for 2% of global production. The Kibali gold mine serves as one of the largest gold mines of its kind in Africa, producing 343,000 ounces of gold in 2023 and showcasing a high potential for similar gold deposits in South Sudan.
Security Elites and Gold Mining in Sudan's Economic …
In September 2019, Sudan's recently appointed Minister of Finance, Ibrahim Elbadawi, announced a nine-month economic reform programme. The government is seeking to improve provision of basic commodities, especially fuel and bread, initially using foreign assistance, including World Bank credit, with the aim of starting to fade out governmental …
Dirty Money Is Destroying Sudan
The illicit exporting of gold has become a particularly major source of funding for the war: Egypt is now buying gold originating from areas controlled by Sudan's army. The United Arab Emirates has become a destination point for gold mined from RSF-controlled areas, and the country is allegedly delivering weapons to the RSF.
Gold and guns: how civil war keeps Sudan's mineral riches in …
Sudan mining gold war. Eastern Europe. Belarus ... Slovak government bars Georgian military vets, Prime Minister Fico links them to a coup plot against him. Features. ... Russia funding war in Ukraine via illegal gold mining in Africa – WGC report. News. JPMorgan, Chase and HSBC reportedly unwittingly processed payments for Wagner warlord ...
Gold and guns: how civil war keeps Sudan's …
Sudan mining gold war. Eastern Europe. ... Slovenian president "very worried" about far-right FPÖ-led government in Austria . Features. Lack of megadeals drags down M&A volume in Emerging Europe . Opinion. ... Russia …
The Criminalization of South Sudan's Gold Sector
militarization of gold mining in the area. Poor oversight and conflicts over the control of resources between the Kapoeta government and the national government in Juba enrich opportunistic actors both inside and outside South Sudan. Inefficient regulation and poor gold outflows have helped make ASM an
Sudan govt: 'gold exports surge, exceeding $428m'
The Sudanese Mineral Resources Company released a report yesterday indicating a remarkable surge in gold exports for the first quarter of this year. The exports surpassed an impressive milestone, generating revenue …
Sudan's Other War: The Place of Gold
Gold is Sudan's most valuable resource, top export, and foremost source of foreign exchange. Furthermore, the gold sector in Sudan involves intensive security interventions. Hence, this …
Sudan's gold: The precious metal used to fund conflicts
Russia is the world's second-largest gold-producing nation and its exports of the metal to the UK market alone were estimated by the British government to be worth £12.6 billion in 2021.. For a long time, analysts have warned that it would be a pragmatic move for Russia to increase its gold reserves.
How Does the Conflict in Sudan Affect Russia and the …
Gold mining: Building from the initial negotiations between Moscow and Khartoum, Meroe Gold—a subsidiary of M-Invest that operates locally as the Sudanese front company al-Solag—has built a network of gold mining and smuggling operations in Sudan. In addition to funding Wagner operations and generating profit, this gold smuggling has also ...
Sudan Gold Brief
The Sudanese government itself claims that sales earned $1.36 billion last year. Additionally, since the vast majority of Sudan's gold is purchased, consolidated, and exported by the government, it is almost impossible to distinguish which gold comes from conflict-affected areas and which gold comes from gold mines that meet responsible ...
The Gold Boom in Sudan
government lost control of nearly two-thirds of the oil fields being used in the country and therefore of the associated oil revenues.1 Given the concomitant collapse of oil prices, the Khartoum Government suffered a considerable loss of income. In 2010, ... in the mining areas.11 14 The Gold Boom in Sudan.
IOM3 | Weighing up the future
Unfortunately, Sudan's mining image is all too often sullied by accounts of illegal international gold sales and allegations of gold mined in Sudan used to support the Russian war effort in Ukraine. A coup in Sudan in late 2021 has led to mining concessions in the country's gold-bearing northeastern area.
2017 2018 Minerals Yearbook
artisanal gold mining increased to 78,200 kg. several mining companies held gold concessions in the country and produced a combined 5,800 kg. The concession companies included alliance For Mining Co. Ltd. (alliance), aMC, China-africa Huakan Mining (sudan), delgo Mining Co. Ltd. of Turkey, Hagagia (Poly Red sea) Gold Mining Co. Ltd., Manub Ltd. (a
Sudan: Hemeti and the $16bn annual gold exports to the UAE
Sudan today exports $16bn of gold to the UAE each year. Hemeti rose to power as a brigadier general in command of some 5,000-6,000 fighters of the government-backed Janjaweed militia. They were rebranded as the Rapid Support Forces, and in 2017 took over the Jebel Marra gold mine in Darfur, along with another three mines.
Sudan's gold industry: opportunity amid geopolitical tension?
Like many African mining areas, the Government of Sudan holds all mineral resources as the custodian. As a result, it possesses the sole authority to search for, survey, extract and manage Sudan's mineral wealth. ... Artisanal mining is a key component of Sudan's gold industry, with small-scale miners operating in challenging environments ...
Sudan | ASM
II. The Government will increase state revenue mobilisation from gold mining from the two groups of gold miners (Mining companies and artisanal miners); III. The Government will diversify production of mineral commodities; IV. The government will promote investment and add value to minerals. Mining Policy Environment:
Fool's Gold
make it harder for the government of Sudan, its Janjaweed proxies, and other armed groups to profit from war and use gold to fund their operations. Below we outline the scope of the problem and offer policy recommendations. Where are Sudans gold mines? Sudan boasts 944 tonnes (1,057 tons) of gold reserves.7 Gold mines are scattered across Sudan,
Exclusive:Sudan militia leader grew rich by selling gold
Current and former government officials and gold industry sources said that in 2018 as Sudan's economy was imploding, Bashir gave Hemedti free rein to sell Sudan's most valuable natural resource ...
Sudan's Gold Sector: Opportunities and Risks
The Sudanese gold industry presents a great opportunity for foreign direct investment. However, as indicated by the unrest caused by socially irresponsible gold mining in Sudan's peripheral regions, there are several reputational and regulatory risks for potential international investors. They can b
South Sudan's Gold Rush: A Story of Livelihoods and …
In South Sudan, where oil exports dominate the economy, gold mining has emerged as a crucial alternative source of income. The country also boasts substantial mineral resources such as iron ore, limestone, diamonds, and gold, though these remain largely untapped. ... resulting in significant revenue loss for the government. In 2019, South Sudan ...
With Weapons and Gold Mining, Wagner Cashes In on Sudan …
As recently as 2020, Sudan reported that 90 metric tons of gold were mined with about 28% exported. Government estimates say between 50% and 80% of the gold produced in Sudan is smuggled out of the country. In 2021, 16 planes loaded with Sudanese gold left the country to be laundered in the Middle East before ending up in Russia's war chest.
Gold-rich Sudan talks mining with Russia as war alliances shift
Gold-rich Sudan discussed boosting cooperation in the mining sector with Russia, as Moscow strengthens ties with the North African nation's military-led government amid a 17-month civil war.
2019 Minerals Yearbook
Copper and Gold.—no copper was produced in sudan in 2019, but copper and gold exploration and production projects had been the focus of several companies in sudan, such as aMC and QMsd Mining Co. according to the Central Bank of sudan, gold production decreased by 54% to 43,300 kilograms (kg) in 2019 from 93,600 kg in 2018. The sharp decrease was
The curse of Sudan's gold: Why one of the world's poorest …
The rise of gold mining in Sudan, which has become Africa's third largest producer of the precious mineral over the last decade, has gone hand in hand with the growth of poverty in a country that ranks 172nd in the United Nations Human Development Index (out of a total of 191 nations). ... During the brief period that Sudan's transitional ...
As Sudan burns and its people starve, a gold rush …
Gold drives the war for Sudan's military, too. It has bombed RSF mines, while ramping up gold production in areas still under government control, often by inviting foreign powers to do the mining.
The Socioeconomic Impacts of Traditional Gold …
The study was conducted on the top-three gold-producing states (River Nile, South Kordofan, and South Darfur) in Sudan. The share of gold in total Sudanese exports has increased from 2.54% in 2011 ...
Invest in South Sudan's Ministry of Petroleum & Mining …
South Sudan is one of the world's last untouched areas; over 90% of the country has not been explored for minerals in over 50 years The mineral wealth of South Sudan has yet to be harnessed, with the exception of artisanal gold mining South Sudan ratified a business-friendly mining bill in 2012 that reopens licenses for foreign firms
Sudan govt: 'gold exports surge, exceeding $428m'
Gold mines are scattered across Sudan, including Darfur, South Kordofan, and Blue Nile. ... mining, the transitional government began to regulate the mining and export of the precious metal two years ago. In October 2019, the government officially took over control of the Jebel Amer gold mines in North Darfur. In March this year, the government ...