Sudan: Sudan’s Gold Industry: Opportunity amid Geopolitical Tension?
Jul 23, 2024
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Smruthi Nadig, Mining Technology
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Gold has become increasingly important to Sudan’s economy since South Sudan gained independence in 2011. According to the Rift Valley Institute, the 75% reduction in Sudan’s oil exports following South Sudan’s secession led to the gold industry becoming an important source of foreign exchange, prompting non-traditional Sudanese companies to invest heavily in the industry.