Africa Inks Three Gold & Mineral Prospection Agreements

Posted on : Monday , 30th November 2015

The Sudanese ministry of mining Sunday signed three agreements with national and foreign firms for the prospection of gold and other minerals in the Northern state, the states of South Kordofan and the Red Sea.
The first agreement was signed with the Italian Kobe International to prospect in the locality of Dalgo in the Northern State.

The second agreement was signed with Bizil company to prospect in South Kordofan while the third agreement was signed with Kur company to prospect in the Red Sea State.

The agreement with the Italian company was signed for Sudan by the minister of mining Ahmed Mohamed Sadiq al-Karouri , while the Italian’s company’s director Fino Shamrella had signed for his side.

Shamrella announced that his company was prepared to start work in a week’s time. He said a water- tight plan was worked out with well known international companies for aerial survey , picking of samples and laboratory tests.

The second agreement was concluded for gold prospection in Talodi locality in South Kordofan State .

The third prospection agreement was signed with Kur company(a Sudanese-foreign venture).The company will operate in the Red Sea State.

Minister Karouri disclosed that a number of companies had located vast quantities of mineral reserves in a number of Sudanese states.

Meanwhile, Minister Karouri has promised to remove all the impediments that face the Canadian Mias Sand company, which prospects for gold in Block 14 in in Abu Hamad locality.

Receiving a delegation from the company, led by its country director for Sudan Richard Katrik , Minister Karouri urged the company to start production as soon as possible pledging due support for its activity.

He urged the company to opt for processing its product instead of exporting it in the raw form’’ in order to guarantee an added value to this product.’’

Katrik told the Minister that a vast gold reserve had been discovered in the company’s prospection concession .

He added that they had so far spent over $400 million on the project and were expecting to produce a big quantity of gold by the year 2018.