Sudanese Mineral Resources: Gold Exports Hit Record $2.29B

• The Sudanese Mineral Resources Company (SMRC) announced record performance for January to September 2026, marking its highest achievements since establishment.
• The company exceeded its gold production target by 105% and its revenue target by 131%, generating 1.886 trillion Sudanese pounds.
• Gold export proceeds reached an unprecedented $2.292 billion during the nine-month period.
• SMRC, the government's mining regulator, is responsible for overseeing operations, legalizing investors, ensuring safety, and implementing social responsibility programs.
• The Director-General called for intensified efforts, addressing challenges, and prioritizing digital transformation, environmental protection, and safety to boost economic contribution.

The proceeds from gold exports reached an impressive $2.292 billion, contributing significantly to the national economy.

The Sudanese Mineral Resources Company (SMRC) declared on October 6, 2026, that it achieved unprecedented levels of performance across its operations during the first nine months of the year. Covering the period from January through September 2026, the state-owned entity reported record figures in gold production, overall revenues, and the proceeds generated from gold exports. This marks the highest operational achievement for the company since its inception, signaling a robust period for Sudan's mining sector.

During an executive office meeting held on Tuesday at its headquarters in Khartoum, the SMRC reviewed its cumulative performance for the year up to September. The assessment confirmed that the company had surpassed its targets, achieving 105% of its planned gold production for 2026. Revenue generation also significantly exceeded expectations, reaching 131% of the projected target.

Financially, the SMRC reported substantial gains, with total revenues amounting to 1.886 trillion Sudanese pounds. Crucially, the proceeds from gold exports reached an impressive $2.292 billion, contributing significantly to the national economy. Mohamed Taher Omar, the Director-General of the Sudanese Mineral Resources Company, commended the dedicated efforts of both the company's workforce and its partners within the mining industry for these remarkable results.

As the principal governmental body responsible for overseeing and regulating Sudan's mining sector, the Sudanese Mineral Resources Company operates under the direct purview of the Ministry of Minerals. Its mandate encompasses a broad range of responsibilities, including the organization of both traditional and structured mining activities, the formal legalization of investor operations, and ensuring stringent adherence to environmental and safety protocols. Furthermore, the SMRC is tasked with implementing social responsibility initiatives within mining regions, underscoring its commitment to sustainable development.

In light of the record performance, Director-General Mohamed Taher Omar issued directives aimed at sustaining and enhancing the sector's growth. He called for a redoubling of efforts to overcome existing obstacles and to proactively address any challenges impeding mining operations. His guidance emphasized the critical importance of environmental protection, safety standards, and providing comprehensive mining guidance to all stakeholders.

Omar also highlighted the necessity of continuing the ongoing digital transformation within the sector. This strategic push is intended to further boost the efficiency and effectiveness of mining operations, thereby strengthening the sector's overall contribution to the national economy. The focus on these areas reflects a commitment to modernizing and responsibly managing Sudan's valuable mineral resources.

The reported record in Sudanese Mineral Resources gold exports, alongside the impressive production and revenue figures, underscores the vital role the mining sector plays in Sudan's economic landscape. The substantial foreign currency generated from gold exports provides a crucial boost to the nation's financial stability and development initiatives. These achievements demonstrate the potential for the sector to be a leading driver of economic growth, particularly through effective regulation and strategic investment.

The SMRC's success in exceeding its production and revenue targets indicates a positive trajectory for the industry, suggesting that concerted efforts in oversight and operational management are yielding tangible benefits. The emphasis on digital transformation, environmental stewardship, and safety by the Director-General points towards a forward-looking strategy designed to ensure long-term sustainability and maximize the sector's positive impact on the national economy, while also addressing critical social and ecological considerations.

Source: Original reporting via Sudan Tribune