South Sudan Passes Mining Bill to Develop Untouched Resources

Mining Weekly reported that South Sudan has passed a mining bill that will help support development of its untouched resources, which experts believe potentially contain diamond, chromite, copper, uranium, manganese and a belt of iron-ore. South Sudan is also trying to move away from dependence on oil.

As quoted in the market report:

Officials say firms from China, Australia, the US, South Africa and other African countries plan to apply for licences in the new country, which seceded from Sudan in 2011.

To view the whole market report, click here.