Title: Russian companies will be given priority in uranium extraction contracts: Sudan stresses
Author: SudaneseOnline News
Date: 08-06-2015, 01:53 PM
01:53 PM Aug, 06 2015
SudaneseOnline News-Khartoum Sudan
My Library at SudaneseOnline
Sudan has announced that Russian companies will be given priority in uranium extraction contracts. The director general of the Geological Research Authority in Sudan Yousif Al-Sammani told the Russian-based Sputnik news agency that uranium was found in the past in certain parts of the country, pointing out that research and studies are continuing for the discovery of more uranium and soliciting investments for the extraction of this "globally desirable metal”.
"Uranium is perhaps of higher importance than gold and other minerals and is used in critical strategic industries, especially in the midst of technical development witnessed by the world in the modern era," Al-Sammani said.
"Russian companies will be given priority in the context of economic cooperation and investment partnerships between the two countries, and to benefit from their expertise and technology they developed to work on the discovery and extraction of uranium metal, particularly since Russia is working with us to create a geological map and mineral map of Sudan" he added.
The official praised Russia’s economic cooperation with Sudan, saying that their companies “have made a strong position in Sudan, especially in metals and its investments".
On Wednesday, a Russian company by the name of Siberia signed an agreement with the Sudanese Ministry of Minerals to extract gold in the Red Sea and the River Nile states which was described as the largest investment contract in Sudan’s history in the field of minerals.
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