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Rabat – Morocco’s international mining firm Managem announced that it has retrieved the gold cargo seized by Sudanese authorities earlier in May.
On Tuesday, the company said that the gold shipment is part of “regular deliveries and the company has completed all the administrative formalities.”
Quoted by Reuters, the company added that Sudanese authorities have been “able to acknowledge our scrupulous compliance with regulatory procedures.”
The firm also announced that the gold shipment had now been “cleared for export.”
Reuters reported that Managem retrieved the 241-kilogram gold cargo, while earlier reports said that the gold cargo weighed 84 kilograms.
Read Also: Sudan Denies Rumors About Morocco’s Managem Gold Smuggling
Managem’s statement comes after authorities in Sudan intercepted an aircraft belonging to the Moroccan mining company earlier this month.
The aircraft, which was carrying the gold, reportedly lacked “authorization.”
The Sudanese authorities denied that the incident had anything to do with contraband concerns.
The director of the Sudanese Chamber of Commerce Ibrahim Abou Bakr, also denied all speculation, emphasizing that all “administrative export procedures were appropriate.”
He added that Managem had all the “mining concessions like all other companies” and that the aircraft used for shipping the load of gold “belonged to another company, which rented it to Managem.”
Abu Bakr also commented on the amount of gold carried by aircraft, emphasizing that the total load of the goal is estimated at 96 kilograms.
The Moroccan firm specializes in producing silver, cobalt, gold, and copper. It also is also active in other countries including Cote D’Ivoire, Mali, Conakry, Gabon, Ethiopia, the Democratic Republic of the Congo, in addition to Sudan, according to Reuters.
