17 November 2017

Sudan: Director of Ariab Mining Company - Outeeb Mine Contains World's Largest Copper Reserves

Khartoum — The Director General of Ariab Mining Company, Engineer, Nasrul- Eddin al-Husien, revealed that the mine of Outeeb is containing the largest reserves of copper in the world.

He added that there are about 5 million tons of copper, 140 tons of gold, 700 thousand tons of zinc, and (3) thousand tons of silver reserves, with total of reserves of about (17) billion dollars.

During the visit of the Minerals Minister and the accompanying delegation to Hadal Outeeb minie, he announced a high level negotiations with 4 international banks, and sovereign funds for the financing of the projects of copper production in Outeeb mine.

He expected the negotiations on the project would finish by the start of the new year, and for the production to be launched during the period of 14-18 months.

Sudan

Soccer Fans' Adolf Hitler Taunt Prompts International Outrage

Sudan's top soccer club, Al Hilal Omdurman, has been reprimanded and fined SDG 40,000 ($6,000) after a group of fans… Read more »

Copyright © 2017 Sudan News Agency. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 900 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.