Gold Rush...In Sudan

There's a real gold fever developing in Sudan, spearked by prospectors finding gold out in the desert.

Lured by tales of fortunes made overnight, businessman Amir Tabidi ditched the comfort of Khartoum to spend weeks braving blistering heat, bandits and snakes to hunt for gold in remote Sudanese desert areas.

Camped out in the wilderness without electricity or daily showers, Tabidi and his group found nearly 2 kilos of gold (worth nearly $94,000/57,500 pounds) in just two weeks of hunting with metal detectors. That was enough to convince the 34-year-old to make the arduous trip two more times -- joining countless others with similar dreams.

"Sometimes we would arrive at a place at night where there was just nothing there," said Tabidi, who works in his family's gold jewellery business in Khartoum.

"But by 5 a.m. you could start hearing the beep-beep of metal detectors, and by morning the whole area would be filled with people walking around with metal detectors. You'd say -- 'Where did all these people come from?' It was amazing."...

Those prospectors operate in a grey area: they tend to walk across the border to Dubai or Beirut to unload their gold. The Sudanese government is thinking of encouraging them to stop selling gold abroad and to organize them into co-operatives in part to make sure child labour isn't used. Formally known as artisanal miners, these prospectors produce most of the gold that comes from Sudan. For the lucky few, there's a lot of money to be made. Unfortunately, their prospecting is deterring more systematic searches for the metal: there's little point in spending a lot of money if the gold is going to end up being lifted by artisans.


So, the only hope for mining companies is to go underground where artisanal miners can't reach.

Sudanese Gold Exports Expected To Double This Year: President Umar al-Bashir

African nations like Sudan are entering the global market economy and racking up high growth in large part because of natural resource finds. There is, of course, nothing wrong with that approache: it's worked quite well for Canada. Sudan is now a major gold producer, and President Umar al-Bashi expects gold exports to more than double this year to approximately $3 billion. He gave that estimate to the Sudanese Parliament.

Sudan will expand in gold mining and oil exploration in the north as the oil-rich south prepares to declare its independence on July 9, al-Bashir told the assembly in Omdurman, a suburb of Khartoum, the capital.

So: despite the southern Sudan secession, which will remove a lot of oil wealth from the government of Sudan's hands, all is not lost for the rest of the country.