Re: [ANN] [preICO] Sudan Gold Coin - GOLD MINING WITH SG MINING CO
Sudan aims to increase gold production in 2018, the target is 110 tons that will make this country the ninth biggest gold producer in the world and second in Africa.
Current worlds leader in gold producing is China, this country mines around 450 tons of gold per year.
The Sudanese Ministry of Minerals, through its supervisory and technical arm (the Sudanese Mineral Resources Company), said in a statement that its production of gold has increased and became equal to 107% of last years production target.
Sudan has seen significant activity in the extraction and exploration of gold during the past five years, and more than 450 local and international companies operate in this field. And now Sudanese government aims to promote this sector.
In order to do this, the Ministry of Minerals plans to regulate the traditional mining market and provide better conditions to both newcomers and already established enterprises. Sudan is planning to establish an international gold stock exchange and rework the taxation of mining activities.
It means that Sudan Gold Coin Project will receive even better conditions that will allow us to work more efficiently and fulfill our obligations even faster.
Current worlds leader in gold producing is China, this country mines around 450 tons of gold per year.
The Sudanese Ministry of Minerals, through its supervisory and technical arm (the Sudanese Mineral Resources Company), said in a statement that its production of gold has increased and became equal to 107% of last years production target.
Sudan has seen significant activity in the extraction and exploration of gold during the past five years, and more than 450 local and international companies operate in this field. And now Sudanese government aims to promote this sector.
In order to do this, the Ministry of Minerals plans to regulate the traditional mining market and provide better conditions to both newcomers and already established enterprises. Sudan is planning to establish an international gold stock exchange and rework the taxation of mining activities.
It means that Sudan Gold Coin Project will receive even better conditions that will allow us to work more efficiently and fulfill our obligations even faster.