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Gold registers 37 pct of Sudan's exports in 2016: ministry

Xinhua, May 14, 2017 Adjust font size:

Sudan's Minerals Ministry on Sunday said gold registered 37 percent of the country's exports with revenues amounting to 1.2 billion U.S Dollars.

"The minerals ministry will be the main way to pull out the Sudanese economy from its current crisis," said Sudan's new Minerals Minister Hashim Ali Salem Sunday.

He reiterated that he would complete what the former minister has started, saying "we will continue the projects which he (the former minister) has started and work to develop them."

Former minister Ahmed Mohamed Sadiq Al-Karuri, for his part, said that "Minerals have become one of the most important sectors, and the concern of the World Bank with the sector in its current report early this week is evidence of such importance."

The World Bank said in its most recent report that Sudan has ranked third in African regarding gold production after South Africa and Ghana respectively.

Sudan government is seeking to increase its gold production to reach 100 tons to rank second in Africa in terms of gold production and ninth at the world level. Endit