Sudan central bank changes gold-export rules for mining-tailings companies
The September 21 circular sets sale channels and deadlines for collecting and holding export proceeds.
Event / data period: 2026-09-21
Published: · Updated:
The Central Bank of Sudan changed rules for gold from mining-tailings companies in circular 18/2026 dated September 21, 2026. Companies may sell their entire gold output to the central bank, its authorized representative or exporters. Banks may complete advance-payment exports using the gold-export price set daily by the central bank.
The circular also permits confirmed sight letters of credit subject to stated conditions; proceeds must be recovered on acceptance of documents or no later than 30 days after shipment. After receipt, proceeds may stay in the gold-export account for at most 21 working days. Banks must obtain written central-bank approval and meet the other requirements before completing exports; the circular takes effect on its issue date.
Data
Maximum gold-export proceeds deadlines
Regulatory deadlines in the September 21 circular; not observed transaction durations.
- Maximum recovery period after shipment
- ≤30 days
- 2026-09-21 · Observed
- Maximum account holding period after receipt
- ≤21 working days
- 2026-09-21 · Observed
Methodology
Both scanned pages were visually read. The 30-day limit starts at shipment; the 21-working-day limit starts at receipt. Working days are not converted to calendar days.
Updated:
Subjects and places
Subject proposals
- Business enterpriseSuggested
- Preserved editorial category/topic; broad candidate onlycbos.gov.sd ↗
- Metal and mineral mining and refiningSuggested
- Subject suggested from the title or summary: miningcbos.gov.sd ↗
Geographic references
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- Sudan · Place role: Coverage · Place type: Country or area · Location precision: RegionalEvidence
- Explicit preserved editorial country/region; no city or national centroid inferredcbos.gov.sd ↗