Africa's newest country, South Sudan, was officially open for business, Petroleum and Mining Deputy Minister Elizabeth James Bol told the last day of the Africa Downunder conference.
South Sudan was established when it broke away from Sudan on July 9 last year, and covers some 650 000 sq km.
James Bol noted that while a moratorium to suspend all mining and exploration activities had been ongoing since 2010, the country was working on a Mining Bill, which would be enacted into law.
The Mining Bill would be tabled for its third reading in the National Legislative Assembly in October, and currently comprises 22 Chapters with 182 Articles.
While little prospecting has been carried out so far, the country was thought to have significant mineral potential.
"The detailed geology and mining in South Sudan is poorly known and little minerals exploration has so far taken place," said James Bol. . .View Full Article