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.
He noted that the price of one ton of gold currently amounts to $40 million. The Minister said that there are 42 mining companies producing gold in the country. The profits of the Khartoum-based Ariab Mining Company increased by 18 per cent. The profits of the Sudamin company amounted to SDG98 billion (almost $15 billion).
Sudan wants to help keep the economy afloat after losing three quarters of its oil production in 2011. Oil was the main source of foreign currency used to su... Sudan wants to help keep the economy afloat after losing three quarters of its oil production in 2011.
for most of Sudan's gold production. In 2012, national gold exports increased to 46,133 kilograms (kg) from 23,739 kg in 2011 and 6,049 kg in 2007. Most artisanal gold mining operations were located in the northern part of the country. Mining was becoming more expensive as near-surface deposits were depleted (Bank of Sudan, 2012, p. 14; 2013b, p. 12; Laessing, 2012a).