Ariyab Mining Company Calls for Using Mineral Reserves

The Board of Directors of Ariyab Mining Company has called for the benefit from the company huge reserves of mineral of "Gold, copper, silver" in attracting financing and to presented as guarantee to the international banks.

The Minister of Minerals, Prof. Hashim Ali Salim, has demanded the company's administration to speed up the start of production of copper and mining residues during the remaining months of this year, the continuous discussion of the company's strategic plan to cover a period of at least 10 years, in which there is complete clarity of vision for production, and the work sites.

The Director General of the company, Nasrul-Deen al-Husein disclosed in press statements, flowing the 60 th meeting of the board of directors, held at the company's headquarter in Khartoum, Monday, that the board was informed on the company's major 4 projects, which he said would make qualitative leap in production, noting to the company's big role in the country's economy through its gold production.
He pointed out to the increase of 69% over the planed net profit, referring to the development in the investment in Shwalaya area which would enter to production next year.

Source:SUNA