Sable

THE AFRICA BRIEF

Your daily 10-point briefing on what matters across Africa.

Subscribe Now
  • HOME
  • MARKETS
  • COUNTRIES
  • COMPANIES
  • INDUSTRIES
  • DATA
  • OPINION
  • VIDEO
Reading: Sudan’s Gold Export Earnings Reach a Record $2.29 Billion
Share
Search
SableSable
Font ResizerAa
  • HOME
  • MARKETS
  • COUNTRIES
  • COMPANIES
  • INDUSTRIES
  • DATA
  • OPINION
  • VIDEO
Search
  • HOME
  • MARKETS
  • COUNTRIES
  • COMPANIES
  • INDUSTRIES
  • DATA
  • OPINION
  • VIDEO
Have an existing account? Sign In
Follow US
AfricaIndustries

Sudan’s Gold Export Earnings Reach a Record $2.29 Billion

Official exports in the first nine months are about 49% above the total for all of 2025 Most of Sudan's estimated 70 tonnes of annual output still leaves outside official channels Air strikes on border mines in Red Sea State, a key artisanal mining area, add to the risks to supply

Last updated: October 14, 2026
4 Min Read
Share
Sudan's Gold Export Earnings Reach a Record $2.29 Billion
Miners sift sediment through shallow pools to recover gold particles in nothern Sudan
SHARE

Sudan’s official gold exports earned $2.29 billion in the first nine months of 2026, the state-owned Sudanese Mineral Resources Company said. That puts the war-hit country’s main source of foreign currency on course for its best year since the company was founded.

Contents
  • State foreign currency from gold
  • What to watch:

Earnings for January to September are about 49% higher than the $1.536 billion recorded for all of 2025, according to central bank data, when 14.7 tonnes left through official channels.

Production reached 105% of the company’s plan for the period, the company said on Oct. 6. Revenue collection reached 131% of its target. The company didn’t disclose how many tonnes were exported.

State foreign currency from gold

Gold makes up more than 58% of Sudan’s export value, according to the Mineral Resources Company. Its share has grown since South Sudan’s secession in 2011 took most of the country’s oilfields. Since war broke out in April 2023, other exports have also fallen.

Most of the gold Sudan produces still doesn’t earn the state foreign currency. The country produced about 70.15 tonnes in 2025, the company said, but Finance Minister Gibril Ibrahim has said official exports that year didn’t exceed 20 tonnes. The rest left through informal channels or was processed locally. Each tonne brought into official channels adds to the foreign currency available to the central bank.

Artisanal miners produced about 58.38 tonnes of last year’s output, or roughly 83%, according to the company. Concession holders produced about 5.96 tonnes and companies reprocessing mine waste about 5.68 tonnes. Artisanal mining is concentrated in the River Nile, Northern and Red Sea states. Corporate output is growing too: 17 of the 61 mining companies in South Kordofan state have moved into production this year, the company said in July.

Supply from the border areas faces new risk. On Oct. 10, air strikes hit artisanal mining camps at Jabal al-Uqaydat in Red Sea State, near the Egyptian border, and more than 15,000 miners fled the site, according to survivors.

Death tolls range from 13, according to the Sudan Doctors Network, to more than 200, according to survivors. None of the counts has been independently verified. It was the second deadly strike at the site this year, after one in June.

Survivors accused Egypt’s military of the strikes. Egypt hasn’t said whether its aircraft were involved. On Oct. 12, its army said it was in the third phase of a campaign against illegal gold prospecting in its Eastern Desert, which began in June. Sudan’s army chief, Abdel Fattah al-Burhan, ordered a fact-finding committee the same day.

What to watch:

The Mineral Resources Company’s full-year figures, expected in January, will show whether the disruption in Red Sea State affects official exports and whether the company discloses export tonnage alongside earnings.

TAGGED:PinnedSudan
Share This Article
Facebook Email Copy Link Print

THE AFRICA BRIEF

Your daily 10-point briefing on what matters across Africa.

News & Research

South African Business Confidence Slips as Oil Price Uncertainty Weighs on Firms

South Africa’s challenge will be to preserve the gains made over the past year while limiting the impact of external…

South Africa
October 19, 2026

NSE Starts Monday on a Weak Note as African Equities Turn Mixed

African equities traded lower on Monday, October 19, 2026, with 123 stocks gaining, 128 declining and 257 unchanged across 17…

Markets
October 19, 2026

Over $700 Million Ebola Response Funds Unaccounted For

Africa CDC Director-General Dr Jean Kaseya said the problem was primarily one of transparency and financial reporting, cautioning against jumping…

DRC
October 19, 2026

Africa’s New Rating Agency Faces Investors Seeking Higher Yields, Analysts Say

The Africa Credit Rating Agency, or AfCRA, was inaugurated on Oct. 7 as a privately owned, self-funded agency under an…

Africa
October 19, 2026

Follow US on Socials

sable_w

Africa, understood.

Facebook X-twitter Youtube Linkedin

EXPLORE

  • Markets
  • Countries
  • News
  • Data
© 2026 Sable Africa. All rights reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?