https://newsletter.mw.creamermedia.com
Gold|Resources|Equipment
Gold|Resources|Equipment
gold|resources|equipment

OFFICIAL COLLAPSE

OFFICIAL COLLAPSE: Sudan’s official gold industry, the country’s largest revenue earner, has collapsed after a deadly conflict broke out in the country in April. Sudan officially exported 34.5 t of gold worth over $2-billion last year. Mubarak Ardol, general-director of the Sudanese Mineral Resources Limited, has confirmed that official exports have ground to a halt, while processing equipment has been damaged, and the headquarters of several gold companies looted. However, both the Sudanese army and Rapid Support Forces have also been accused of smuggling large amounts of illicit gold out of the country. Photograph: Bloomberg

OFFICIAL COLLAPSE: Sudan’s official gold industry, the country’s largest revenue earner, has collapsed after a deadly conflict broke out in the country in April. Sudan officially exported 34.5 t of gold worth over $2-billion last year. Mubarak Ardol, general-director of the Sudanese Mineral Resources Limited, has confirmed that official exports have ground to a halt, while processing equipment has been damaged, and the headquarters of several gold companies looted. However, both the Sudanese army and Rapid Support Forces have also been accused of smuggling large amounts of illicit gold out of the country. Photograph: Bloomberg

Photo by Bloomberg

23rd June 2023

     

Font size: - +

Sudan’s official gold industry, the country’s largest revenue earner, has collapsed after a deadly conflict broke out in the country in April. Sudan officially exported 34.5 t of gold worth over $2-billion last year. Mubarak Ardol, general-director of the Sudanese Mineral Resources Limited, has confirmed that official exports have ground to a halt, while processing equipment has been damaged, and the headquarters of several gold companies looted. However, both the Sudanese army and Rapid Support Forces have also been accused of smuggling large amounts of illicit gold out of the country. Photograph: Bloomberg

Edited by Creamer Media Reporter

Comments

Showroom

ESAB showroom image
ESAB South Africa

ESAB South Arica, the leading supplier of high-end welding and cutting products to the Southern African industrial market is based in...

VISIT SHOWROOM 
VEGA Controls SA (Pty) Ltd
VEGA Controls SA (Pty) Ltd

For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 29 August 2025
Magazine round up | 29 August 2025
29th August 2025

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.077 0.152s - 130pq - 2rq
Subscribe Now