Key Points
hasnt ditched a long-term plan to mine in war-torn Sudan, even as it chases other deals across Africa to sustain its output..
The third-biggest Australia-listed gold miner by market value has put on hold a final investment decision to build a mine in the North African nation wracked by a complex civil war..
Perseus is among gold miners looking for new assets as their current ones expire, and as bullion prices hit record highs..
Persian Gulf nations including Saudi Arabia and the United Arab Emirates are emerging as key diplomatic players in the Horn of Africa region, which has rich but largely untapped mineral resources..
Perseus entered an agreement with Ajlan & Bros, a closely held Saudi conglomerate, last month to co-invest in exploration projects in Saudi Arabia and in northern African countries including Sudan, as well as Algeria, Eritrea, Ethiopia and Egypt..
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