Qatar to Invest $800 Million in Copper Exploration in Sudan
Qatar is set to invest $800 million in copper exploration projects in Sudan, according to Qatar Mining Chief Executive Officer Hamad Al-Athba, who said the company has achieved significant progress and promising results in a project launched in 2012.
Al-Athba said the company is also preparing to enter the small-scale mining sector and resume full operations in Sudan in the near future.
The announcement came during a meeting at the Ministry of Minerals in Khartoum between Minister of Minerals Nour Al-Daem Taha, Qatari Ambassador Mohamed Ibrahim Al-Sada, and a delegation from Qatar Mining.
The Minister affirmed the depth of strategic relations between Sudan and Qatar and stressed the government’s commitment to removing impediments facing foreign investors and creating an attractive environment to support the transition from traditional to organized mining in support of the national economy.
For his part, the Qatari ambassador said companies from his country are preparing to resume mining activities in Sudan at full capacity.
Meanwhile, the Director-General of the Sudanese Mineral Resources Company, Mohamed Tahir Omar, urged the Qatari company to accelerate its return, noting that its concession areas are located in safe and stable states. He added that companies from Morocco, Jordan, Russia, and China continue to operate in Sudan, reflecting growing international confidence in the country’s mining sector.