The South Sudan Petroleum and Mining Minister, Stephen Dhieu Dau, has recently announced that China has decided to give South Sudan’s mining sector a boost by lending the young state between US$1 billion and US$ 2 billion. The full amount will be spread between infrastructure projects, the mining industry and agricultural projects. Together, the two countries will conduct South Sudan’s first geological survey, funded by a US$ 43 million Chinese loan. The study will help to determine South Sudan’s mining riches and will also assist South Sudan to provide mining licenses as it looks at extracting gold and other metals including copper and iron ore. How can South Africa, a country with a very developed mining sector and an “African Agenda”, get involved?
Posted on: Mon, 30 Sep 2013 13:59:03 +0000
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