Sudan the Land of Gold
Sudan has known gold since ancient times, and the northern part of Sudan (the Northern State) was called the Land of Nubia, meaning the Land of Gold. Gold has been extracted since the Pharaonic and Turkish eras. Geophysical studies and surveys have shown the presence of arc-shaped deposits containing gold in most areas of the Northern State, resulting from the transformation of volcanic and sedimentary rocks dating back to the late Proterozoic Era in the form of veins with other minerals such as copper, zinc, and iron. Gold in this region has high concentrations.
(We export at least one ton of gold per month through our companies and partners).
Invest in gold mining in Sudan
$ 1,000,000,000
Gold mining investment projects in Sudan require significant capital infusion, and the Sudanese government's funding cannot solely meet the financing needs of these projects, highlighting the imperative role of private sector investment.
The Sudanese economy's reliance on gold mining projects underscores the importance of collaboration between the public and private sectors, both domestic and foreign, to drive development.
The modern global economic approach to project implementation is characterized by partnerships with the private sector, both domestic and foreign.
Why the interest in gold mining projects in Sudan?
- Because of its importance in fostering development and revitalizing the SD economy
- To generate significant returns for the Government of SD & its partners, investors, & financiers
- T o facilitate the transfer of modern technology and establish integrated industries
Annual gold production in Sudan
With an annual gold production of at least 90 tones, worth approximately $5.94 billion, Sudan secures the 13th position globally and the 3rd in Africa as a gold producer.
Proven gold reserves in Sudan
With an estimated value of $102.3 billion, Sudan's explored gold reserves are at least 1550 tones.
The strategic importance of mining
- Beneficial effects on Sudan's economy and national security.
- Community development through provision of services, healthcare, and education.
- Exploitation of diverse mineral wealth.
- Accessing global markets for Sudan's diverse minerals, with a focus on gold.
- A chance to attract Arab and foreign investments.
- Revitalizing the mining industry in Sudan.
Sudan experience in introducing the private sector to gold production
- (140) A company operating in gold mining in Sudan, in addition to (artisanal mining).
- (13) A company holding concession agreements with the Sudanese government for gold mining. Underfunding of exploration and
production operations.
- The companies actually producing gold in Sudan do not exceed a handful, and the most famous among them are:
- Ariab Mining Company.
- Merowe Gold Company.
- Anyas Kush Company.
- Pharos Gold Mining Company.
The reality of gold production in Sudan
Gold production in Sudan reached 41 metric tons in 2023, valued at $2.5 billion.
This figure represents 50% of the average annual production rate before the April 15th war.
There are significant challenges in accurately determining annual gold production due to widespread smuggling across Sudan's vast borders.
Artisanal mining, the most prevalent form of mining in Sudan, contributes more than 70% of the total production.
This type of mining, which rarely extends more than a few meters below the surface, is a widespread traditional method for gold exploration in Sudan.
Sudan could potentially achieve annual mining returns of at least $15 billion, instead of the current $5.9 billion, if it could attract foreign investment to the already explored mining areas.
Key features of the activation strategy
Alleviating the financial burden on the Sudanese state, specifically in terms of financing this vital and important sector.
Financing mining projects in Sudan so that the sector can become a driver of development, by contributing to the financing of serious gold production projects within Sudan.
Facilitating the flow of gold exports from Sudan to the Russia & UAE market, and working to open new global markets for Sudanese gold.
Securing adequate financing for mining projects will significantly stimulate mining investments in various Sudanese states and generate substantial profits.
Funding mining ventures
Public-Private Partnership (PPP) as a primary means of financing and implementing projects:
PPPs have played a particularly significant role in financing projects in Latin America and East Asia.
Notably, transportation (through BOT and concession models) and electricity (through IPPs) are among the most commonly PPP-funded facilities.
Public-Private Partnerships (PPPs) in various forms have become a primary method for financing and implementing public infrastructure projects, such as those in the oil, transportation, mining, electricity, water, and healthcare sectors.
The World Bank actively promotes PPP financing, considering it a crucial means of attracting Foreign Direct Investment (FDI).
Portfolios and Sukuk: cornerstone instruments for attracting investment
A portfolio is an investment fund for a viable project, managed by a reputable specialized company.
It has become a primary means of financing mega-projects, even in wealthy countries.
Gulf countries have established leading companies and institutions in portfolio management.
It is suitable for large projects that have no guarantees other than the project's profitability.
Financing Implementation Proposal
It is implemented on a commercial BOT (Build-Operate-Transfer) system with private sector initiative.
Licensees and financiers are granted concessions for exploration and mining.
The project attracts funding from sovereign wealth funds, development finance institutions, and commercial entities in Countries interested in funding.
The rural services component is implemented by the Sudanese government or financed from its share in the implemented projects.
