- Sudan's Mineral
Resources Company announced record-breaking gold production of over 18 tons in
2022, the highest in the country's mineral sector history.
- Gold smuggling
remains a persistent issue in Sudan, with an estimated 50%-80% of the country's
gold smuggled out of the country and often used to finance internal conflict.
- A recent
investigation by CNN revealed that Russia has been smuggling gold out of Sudan
to bolster President Putin's efforts in the Ukraine conflict.
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Sudan's mineral
resources company has announced a record-breaking year for gold production,
with more than 18 tons produced in 2022. This marks the highest productivity in
the country's mineral sector history.
Engineer
Alaeldin Ali, Director of the General Administration for Supervision and
Control of Production Companies, stated in a press release that the gold
production rate for 2022 was 18 tons and 637 kilograms from organized
concession companies and companies dealing with traditional mining waste.
This marks an
increase of one ton and 611 kilograms compared to the highest production
achieved in 2019.
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Gold smuggling
remains a persistent issue in Sudan, one of Africa's leading gold producers, as
artisanal mining drives much of the country's production and smuggled gold
frequently funds internal conflict. It is estimated that between 50% and 80% of
Sudan's gold is smuggled out of the country.
In an effort to
address this problem, the Central Bank of Sudan issued a circular in March 2022
prohibiting the export of gold by government agencies, foreigners, individuals,
and companies (excluding concession companies operating in mining). The
circular also restricted the Central Bank's role in purchasing gold solely for
the purpose of building reserves.
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However, a
recent investigation by CNN revealed that Russia has been smuggling gold out of
Sudan in order to bolster President Putin's efforts in the Ukraine conflict,
with the collusion of Sudanese military rulers.
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At least 16
known instances of Russian gold smuggling flights out of Sudan have occurred
over the past year and a half, according to the investigation. High-level
Sudanese and US officials suggest the existence of "an elaborate Russian
scheme" to plunder Sudan's gold reserves in the face of Western sanctions.
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