Mining Minister hosts Sudanese gold investor in Juba where he reminded them of what the law requires them to do|Courtesy

 The government says all foreign investors seeking to operate in South Sudan’s mining sector must comply with the country’s laws and regulations as interest in the industry continues to grow.

The Minister of Mining, Losuba Ludoru Wongo, and a delegation from Bianchi Gold Trading Company met on Tuesday in Juba where they discussed investment opportunities and cooperation in the mining sector.

The discussions centered on geological mapping, economic diversification, and the development of a framework aimed at supporting sustainable growth and community development in mining areas.

Speaking to the media after the meeting, Minister Losuba said the government welcomes foreign investment but expects all companies operating in the sector to adhere to national laws and standards.

“We are ensuring that any company that comes to invest in the mining sector must respect the laws, order and regulations of South Sudan, particularly on safe mining practices,” Losuba said.

He said the government is working to ensure law and order within the mining industry while promoting responsible investment that benefits local communities and contributes to national development.

According to the minister, foreign investors have welcomed ongoing efforts by the government to improve transparency and strengthen regulation in the sector.

Meanwhile, General Manager of Bianchi Gold Trading Company, Mahmoud Tageldin, expressed appreciation for the engagement with the Ministry of Mining and said the company looks forward to strengthening cooperation with the government.

Tageldin said the company intends to sign a Memorandum of Understanding with the ministry as part of plans to establish a long-term partnership in the mining industry.

The Sudanese-Emirati delegation also met with Vice President and Chairperson of the Economic Cluster, Prof. James Wani Igga, to discuss investment opportunities and the role of the mining sector in driving economic development.

Vice President Igga said South Sudan remains open to both national and international investors and possesses significant untapped mineral wealth.

He said the country is endowed with more than 22 different minerals, many of which have yet to be fully utilized by either the government or private investors.

Igga encouraged responsible investment partnerships that can help unlock the country’s mineral potential, create jobs, and support economic growth.

According to the delegation, Bianchi Gold Trading Limited is interested in investing in mining, geology, agriculture, electricity, energy, and petroleum sectors in South Sudan.

The company’s representatives said they have developed strategic plans aimed at expanding mineral exploration and development activities in the country.

They also pledged to work closely with the government and local communities to support development initiatives and strengthen investment cooperation in the sector.