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Old July 31st, 2015, 09:18 PM   #1
Northern Sudanese
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Sudan signs its largest mineral (gold/uranium) agreement with Russian firm

Gold and uranium extraction granted to Russia in Sudan


Russia was granted rights to extract uranium in Sudan, as the Sudanese authorities claimed today morning.

The unique silvery-white metal was discovered across the country.
Given long-time economic cooperation with Russia, its "companies will be given priority". According to the director general of the Geological Research Authority in Sudan Yousif al-Samani, "Russia is working with us to create a geological map and mineral map of Sudan".

"Uranium is perhaps of higher importance than gold and other minerals and is used in critical strategic industries, especially in the midst of technical development witnessed by the world in the modern era," Samani added.
Earlier this week Russian Siberian Mining Company signed an unprecedented agreement on gold exploration with Sudanese Ministry of Minerals.
The gold reserves, which were discovered by the Russian company in the Red Sea and River Nile States amount to as much as 46,000 tons.

Minister of Minerals Dr. Ahmed Mohamed Sadiq al-Karouri stated that the agreement is the first one to provide the Sudanese government with 75% of the production, while the company will take only 25%.
The deal is considered to be the largest investment in minerals in Sudanese history.

Sudan, which currently ranks 3rd on the list of African gold producing countries, can be on its top by 2018.
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Old August 7th, 2015, 03:18 PM   #2
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That's not a good thing. African's need to knock this off. Russia that's dependent on uranium to survive has the Sudanese government sharing the brunt of pulling Sudanese uranium out of the ground and sell it? Do you know how many Sudanese people have advanced degrees in mineral related fields across the world? If someone took 'only 25%' of Apple's production the company would tank.

Any you can't use the 'knowledge transfer' excuse because the knowledge is on Youtube LOL, and yes it is that simple.

Does Russia have a deal like this with Germany or the US? Everyone keeps talking about the wrong stuff when it comes to africa. We don't like 'good leaders' we have a sever deficit in vision and logic.
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Old February 10th, 2016, 03:30 AM   #3
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Quote:
Originally Posted by HerachioBlo View Post
That's not a good thing. African's need to knock this off. Russia that's dependent on uranium to survive has the Sudanese government sharing the brunt of pulling Sudanese uranium out of the ground and sell it? Do you know how many Sudanese people have advanced degrees in mineral related fields across the world? If someone took 'only 25%' of Apple's production the company would tank.

Any you can't use the 'knowledge transfer' excuse because the knowledge is on Youtube LOL, and yes it is that simple.

Does Russia have a deal like this with Germany or the US? Everyone keeps talking about the wrong stuff when it comes to africa. We don't like 'good leaders' we have a sever deficit in vision and logic.

SMH forgot all about this thread lol

but yeah your right, the continent does lack vision

but in the gold field, Sudan needed to find an alternative for the loss of oil money so they turned t gold production. But I can't lie, 25% is a big figure

I believe Uranium should be left in the ground until future generations arrive in a peaceful age and make full use of it, plenty of Uranium in Darfur region.

Niger is a rich country in resources, currently the biggest exporter of Uranium in Africa. yet it remains among the smallest economies in Africa giving all of its Uranium to France with low prices due to lack of vision.
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Old February 10th, 2016, 03:47 AM   #4
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Originally Posted by Northern Sudanese View Post
SMH forgot all about this thread lol

but yeah your right, the continent does lack vision

but in the gold field, Sudan needed to find an alternative for the loss of oil money so they turned t gold production. But I can't lie, 25% is a big figure

I believe Uranium should be left in the ground until future generations arrive in a peaceful age and make full use of it, plenty of Uranium in Darfur region.

Niger is a rich country in resources, currently the biggest exporter of Uranium in Africa. yet it remains among the smallest economies in Africa giving all of its Uranium to France with low prices due to lack of vision.
Gold has always been more important for Sudan than oil, the drop of oil prices has even benefited Sudan's economy as it's no longer oil reliant.
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Old February 10th, 2016, 07:33 PM   #5
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Originally Posted by MENA55 View Post
Gold has always been more important for Sudan than oil, the drop of oil prices has even benefited Sudan's economy as it's no longer oil reliant.
true but I was referring to the 2011-2014 perdiod
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