Armed conflict has been going on for nearly three years, and the Sudanese gold industry is now in a state of crisis.
Sudan is one of the African countries that produce and export gold, with gold exports being an important source of foreign exchange. The armed conflict in Sudan has been going on for nearly three years, with warfare engulfing most parts of the country, causing serious damage to critical infrastructure such as roads, electricity, and mines. The Sudanese gold industry has also been severely affected, causing significant losses to the national economy and fiscal revenue. Traditional methods are mainly used for gold mining in Sudan, but the conflict has led to a sharp decline in production due to security concerns, with some gold being smuggled out of the country through illegal channels. The gold processing and trading industries have also been impacted, with shortages of raw materials forcing some processing plants to reduce production or shut down, causing difficulties for small workshops and shops. At the same time, the volume of gold trading has significantly decreased, directly squeezing the operating space of traders.
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