A month after opening its first gold refinery, Sudan is all set to export the first batch of refined gold worth $5.6 million to an unknown destination.
According to Sudan news agency, Khartoum hopes to make up to $3 billion from gold exports this year, double the amount from last year.
The new refinery produces 300 kilograms of gold per shift, which amounted to $17 million under current prices.
In September, Sudanese president Omer Hassan al-Bashir inaugurated the country’s first gold refinery in a fresh bid to lift an economy still struggling from the impact of losing the oil-rich south last year. . . .View Full Article