Sudan Business Risk Advisory Update

As noted in the May 2022 Advisory, gold has been connected to forced labor, as well as other labor abuses including poor safety and health conditions, financing of the RSF, smuggling, and human rights concerns in Sudan. Gold from Sudan is also listed for child labor on the Department of Labor's List of Goods Produced by Child Labor or …

Sudan

Emiral has a full cycle exploration and mining business in Sudan with a production capacity of up to 95,000 oz. per annum. Each month, 7,000 meters of new drilling is performed. …

Sudan official gold output near doubles as …

Sudan pocketed about 38.2 billion pounds ($86 million) from gold in the first half of 2021 and targets 104 billion pounds from a total 100 tons by the end of the year, al-Haj said.

RIDA Group – Partner of Choice

Over the years, RIDA has always played a significant role in Sudan's economy as the first private mining company worked in gold mining. In addition to be the first company to introduce processing of artisanal gold tailings in Sudan. RIDA tailings operations inspired companies and prospectors to pursue this sector, according to estimates, over ...

Taking from the poor: A mirror into South …

For over a year, the 28-year-old made his living as a machine operator at a gold mining company in the bushes of Kapoeta South County, Eastern Equatoria State of South Sudan. But when the …

Sudan's 2022 Gold Production 'Highest in History'

The Sudanese Mineral Resources Company announced the production of more than 18 tons of gold during 2022, describing it as the highest productivity in the …

First gold refinery launched in South Sudan

An Egyptian Company, BTC Global, launched the first and only gold refinery in South Sudan to buy and sell raw gold. The company will also mine, refine and export gold. March 10, 2023 JUBA

Russia's Wagner Group 'getting rich in Sudan' from gold …

Now, the New York Times has reported that on 5 June 2019, two days after a massacre in Khartoum that left at least 128 protesters dead and was led by the RSF, Meroe Gold imported 13 tonnes of riot ...

QMSD Mining Co ltd

QMSD Mining Co Ltd ("QMSD") is a wholly-owned subsidiary of Doha-based Qatar Mining ("QM"). ... QMSD was created solely for the purpose of mineral exploration in Sudan and is headquartered in Khartoum. The company started formal operations in Sudan in April 2013. ... QMSD has discovered a major, new copper and gold-bearing PCD, hosting ...

Sudan's gold: The precious metal used to fund conflicts

By 2021, Russia was feeling the heat from investigations into the country's gold interests in Sudan. Moscow attempted to move back into the shadows by …

INTERVIEW: 'No formal gold mining in South Sudan'-Mining …

The undersecretary in the mining ministry, Dr. Andu Ezbon Adde, says that there is no formal gold mining yet in South Sudan, adding that what is taking place at the moment is small-scale artisanal ...

How Russia's Wagner Group Is Expanding in Africa

In Sudan, Wagner obtained gold mining concessions and tried, unsuccessfully, to save the country's autocratic leader, President Omar Hassan al-Bashir, who was toppled in April 2019.

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.

About Us – Frontier Minings

Artisanal and small-scale gold mining in South Sudan dates back to colonial times. Our Services. Industry Overview. ... With the new legal framework for mining passed into law in 2012, all mining without a …

Sudan's gold production increases by 9.6 tons in 2020

The total gold production of Sudan in 2020 reached 36.6 tons, which is 9.6 tons more than in 2019, the director of the Sudanese Company for Mineral Resources, Mubarak Ardol, reported in a press statement yesterday.

Gold in Sudan

The oldest of these companies is Ariab Mining, founded by a Canadian-French company in the Red Sea Heights in eastern Sudan in 1991, although its ownership was later transferred to the Sudanese government. However, these companies account for only 20 per cent of the total amount of gold produced each year; traditional miners …

Hassai Gold Mine

The Hassai gold mine is an open pit mine located in the Red Sea Hills desert in north-eastern Sudan, approximately 50km from Khartoum. It is the only gold producing mine in Sudan. It began operations in 1992 and has produced 2.3 million ounces (Moz) of gold till date from 18 open pits.

Sudan recorded highest gold production in 2022

The Sudanese Mineral Resources Company announced the production of more than 18 tons of gold in 2022. The body described it as the highest productivity in …

How a sanctioned Russian company gained access to …

In mid-2020, the US Treasury accused Prigozhin of undermining democracy in Sudan and exploiting its minerals and extended an asset freeze to Meroe and M …

Sudan signs nine concession deals for gold, copper mining

Sudan on Thursday signed nine concession agreements for gold and copper mining with eight local and foreign companies, the state news agency SUNA said.

Sudan's gold industry: opportunity amid geopolitical tension?

Officially, Sudan's gold production has fluctuated over the years, from a low point of 50kg in 1991 to a peak of 107.3 tonnes (t) in 2017. In December 2022, gold …

About us – QMSD Mining Co ltd

QMSD Mining Co Ltd ("QMSD") is a wholly-owned subsidiary of Doha-based Qatar Mining ("QM"). ... and also identified numerous other targets across B62 and B62b, including new PCD targets around JO. Figure 1 – Location of Blocks 62/b ... (WNPOC). He worked as business development manager for an international company (Sudan Office ...

Sudan's Leading Mining Company – ariab

The Leading Mining Company in Sudan Nasreldin Alhaseen Message from CEO. With more than 1,400 employees that operates in the field of gold and base metals mining. We invested in modern equipment and technology to improve the efficiency and safety of our mining operations. ... Ariab mining company, nevertheless, is well suited with its …

The 26 Best Spots For Gem Hunting In New York In 2024

Discover the top areas for gem mining in New York! See for yourself why the Empire State is a paradise for gem hunters. ... You can participate in various activities such as gold panning or prospecting for gems. The Types Of Gemstones Found At Ace Of Diamond Mine And Campground. ... Crystal Grove, 161 Co Rd 114 St. Johnsville, NY …

What to Know About General Hamdan, Leader of Sudan

A former camel trader who led a militia accused of genocidal violence in Darfur, Lt. Gen. Mohamed Hamdan, widely known as Hemeti, leads the Rapid Support Forces paramilitary unit.

GOLD MINING COMPANIES IN UGANDA

New Kush Exploration & Mining Company Ltd (NKEM) is a first mover gold exploration company whose operation is focused on East Africa, especially South Sudan, northern Uganda, and Ethiopia. NKEM's geologists conducted fieldwork in their Ugandan exploration areas in Kaabong consistent with their exploration strategy and philosophy.

Gold in Sudan

The oldest of these companies is Ariab Mining, founded by a Canadian-French company in the Red Sea Heights in eastern Sudan in 1991, although its …

IOM3 | Weighing up the future

The New York Times article accepted the estimate of the Central Bank of Sudan – 70% of Sudan's gold is smuggled out, with the United Arab Emirates (UAE) being the chief conduit. The open secret that has for several years emerged is that Sudanese gold is often taken into UAE without any questions being asked.

Perseus Mining – African focused gold company

Perseus also owns the Nyanzaga Gold Project in Tanzania and the Meyas Sand Gold Project in Sudan. Perseus achieved annual gold production of 509,977oz at an all-in site cost (AISC) of US$1053/oz in FY24. ... Mr Woodall began his career in Gold Mining in Tennent Creek, Australia in 1985 and he has held several management positions with …

Sudan's 2022 Gold Production 'Highest in History'

The Sudanese Mineral Resources Company announced the production of more than 18 tons of gold during 2022, describing it as the highest productivity in the history of the mineral sector in Sudan.

Gabgaba mine

In Sudan, Gold Projects are located on the border with Egypt and distributed along the Keraf Shear Zone (KSZ) suture, renowned for its hudge historical production of gold …

15 Best Gold Mining Stocks to Invest In

The company ranks fifteenth on our list of the best gold mining stocks to invest in. New Gold Inc. (NYSE: NGD) reported a strong first quarter with net earnings of $8 million and an EPS of $0.01 ...

As War Rages in Sudan, Countries Angle for Advantage

Russia has a longstanding relationship with Sudan's military and, since 2019, Wagner has expanded its activities in the country, mining for gold, exploring for uranium and supplying mercenaries ...

Sudan Transparency Initiative: The Politics of Mining and …

The Sudan Democracy First Group (SDFG), is pleased to announce the release of its report "The Politics of Mining and Trading of Gold in Sudan: Challenges of corruption and lack of transparency". ... • The Central Bank declared a new gold purchase policy in 2017, which will reduce its share of the market to 50 per cent, leaving the other ...

Sudan recorded highest gold production in 2022

The Sudanese Mineral Resources Company announced the production of more than 18 tons of gold in 2022. The body described it as the highest productivity in the history of the mineral sector in Sudan.

Out for Gold and Blood in Sudan | Crisis Group

Over the last three years, Sudan has experienced a number of gold rushes. New discoveries and high world prices are part of the story. But Khartoum has also promoted gold mining to offset oil production lost after South Sudan's independence. To prevent smuggling and to bring the government badly needed foreign currency, Sudan's …

Treasury Sanctions Alain Goetz and a Network of Companies …

Action Highlights U.S. Focus on Illicit Exports of Gold from the Democratic Republic of the Congo. WASHINGTON — Today, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC), sanctioned Alain Goetz, the African Gold Refinery in Uganda, and a network of companies involved in the illicit movement of gold valued …

Sudan Records Highest Gold Production in 2022

Sudan produced more than 18 tons of gold during 2022, the highest ever recorded productivity for the country's mineral sector. ... Sudan's state mining services company, the Sudanese Mineral Resources Company, announced the production of over 18 tons of gold in 2022, marking a record-breaking year in the history of the East …

Sudan opens up gold market in bid to raise revenue | Reuters

In new regulations circulated on Jan. 1, the central bank said private mining companies could now export up to 70% of their production provided they deposited proceeds in local banks. They had to ...

U.S. Imposes Sanctions on Warring Sudanese Factions

The measures came a day after Sudan's military pulled out of peace talks in the Saudi city of Jeddah that aimed to stop the fighting. ... a gold mining company controlled by General Hamdan's ...