She compared the Uganda National Oil Company (UNOC), which manages the government's business holdings in the petroleum industry, to the planned National Mining Company. In order to ensure sustainable resource …

(241015) -- KAMPALA, Oct. 15, 2024 (Xinhua) -- The line-up players of Cameroon pose for a group photo ahead of a Group J match between Cameroon and Kenya of CAF Africa Cup of Nations (AFCON) 2025 qualifiers at Mandela National Stadium in Kampala, Uganda on Oct. 14, 2024. (Photo by Hajarah Nalwadda/Xinhua)

The US government further asserts that the situation is worsening due to "control, first by the PARECO armed group and then by the Rwanda-backed M23 armed group in April 2024, of a key tantalum mining area near the Congolese town of Rubaya (eastern Congo) and control by non-state armed groups of gold mining areas in the provinces of Fizi, South Kivu …

Don't miss out on the great content on Nation.Africa. Ready to continue your informative journey with us? Renew subscription Maybe later. ... Ugandan marathoner Rebecca Cheptegei's ex-boyfriend and alleged killer Dickson Ndiema dies Tuesday, September 10, 2024 Rebecca Cheptegei, 2022 World Mountain Running Champion. ...

Entebbe's senior grade one magistrate Edgar Tusiime has charged and remanded six people for dealing in minerals without a license and permit contrary to section 251 of the Mining and Mineral Act. The six are also charged with more than three counts of aiding or assisting illegal operators of ...

The Bank of Uganda said it will directly purchase bullion from artisanal miners in a move that will also support government efforts to support local miners and reduce imports of raw gold. Uganda's move echoes a proposal by Nigerian lawmakers for the nation's central bank to buy all locally produced gold to shore up reserves and fight inflation.

The Directorate of Geological Survey and Mines and Spatial Dimension have developed this Mining Cadastre Portal to improve transparency and promote investment in the Uganda sector. Click on a License in the map to view detailed information or use the search functionality to search by License code or company name.

Uganda will test some sections of its new mining law in 2024, especially with the creation of the national mining company. The set-up of this company, especially whoever heads it, is expected to ...

A national mining company is in the works and so investors are positioning themselves to tap into the country's mineral wealth. The keynote speech was delivered by Abdoul Karim Kabele Camara, vice president of Fortuna Mining in Ivory Coast who hailed Uganda's mining sector for the marketing and positioning it was carrying out globally.

This includes fulfilling Uganda's 2040 vision and the National Development Plan II 2014/15–2019/20 1. The challenge is that the mining sector will require investments ... out which focused on reports about mining in Uganda, and policy and legislation relating to the mining sector. From the review and the issues arising in the mining

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AMUDAT, Uganda: In a nation where the glimmer of gold should symbolize prosperity, it has instead become the shadowy beacon of corruption. Our latest investigation unveils the murky depths of Uganda's largest illicit gold mining operation, meticulously orchestrated by those entrusted with the nation's mineral wealth.

The investment by Wagagai Mining Uganda Ltd, a subsidiary of Liaoning Hongda Group, a Chinese consortium, has seen $100m (about Shs355 billion) invested in the first phase, while another $100 ...

On Tuesday (1 October), Uganda's Minister for Energy and Mineral Development, Ruth Nankabirwa, announced that the country has formed a state-owned mining company to …

The country has vast mineral resources, but its mining industry has experienced a turbulent history. After a boom in the 1950s and 1960s, when the sector contributed up to 30% of the …

The Ugandan government intends to establish a national mining company. Ruth Nankabirwa Ssentamu, the minister for energy and minerals, revealed the plans and stated that the action aims to take equity stakes of up to 15% in all medium and large-scale mining operations in the nation.

Uganda plans domestic gold purchases to build foreign exchange reserves and limit risks on reserve investments, becoming the latest African nation to turn to the precious metal to back up its ...

The recalibration of the mining sub-sector and establishment of the proposed Uganda National Mining Company, are among the major highlights of the Mining and Mineral Act 2022

P.O. Box 9, Entebbe / Uganda; Tel: +256 414 323432, +256 414 320118; Fax +256 414 320364; E-Mail:[email protected] REPUBLIC OF UGANDA Ministry of Energy and Mineral Development Policy Goal To develop the mining industry through increased investment, value addition, national participation and revenue generation to contribute significantly to ...

A multimillion dollar large-scale gold mining and refining plant called Wagagai Mining (U) Limited is set to start operating in March 2024 in Alupe, Busia (Eastern Uganda). ... Minister Nankabirwa addressed the …

A multimillion dollar large-scale gold mining and refining plant called Wagagai Mining (U) Limited is set to start operating in March 2024 in Alupe, Busia (Eastern Uganda). The company's general manager, Mr. Tan …

Uganda will test some sections of its new mining law in 2024, especially with the creation of the national mining company. The set-up of this company, especially whoever …

The mining sector's contribution to Uganda's GDP has grown from 0.3% in FY2009/2010 to 2.2% in FY2022/2023, according to data from the Uganda Bureau of …

The Deputy Speaker of Parliament, Mr Thomas Tayebwa, is advocating for a government policy that would grant mining licences to all iron ore and steel manufacturers. His remarks came during a two ...

One of the two guards from a private company told the Nation that mining had been going on for the past two weeks from 6am to 6pm. "Our job is to keep a record of all the trucks. Every day they collect at least 60-80 trucks of murram," he said.

On Thursday 13th October 2022, His Excellency, the President of Uganda signed the new law of the Mining and Minerals bill into a law. DGSM now operates under the new Mining and Minerals Act 2022 which replaces the Mining Act 2003 which has been in force force for the last 18 years.

On Tuesday, February 24, 2024, Batebe presented this idea before the Public Accounts Committee of the Parliament. The National Minerals Company, she clarified, would be responsible for holding commercial interests …

M23 rebels claim control of DR Congo's coltan mining town of Rubaya Friday, May 03, 2024 Labourers work at an open shaft of the SMB coltan mine near the town of Rubaya in the Eastern Democratic Republic of Congo on August 13, 2019.

Highlighting the government's commitment to ensuring every child has access to quality education, the Prime Minister emphasised the vital role education plays in shaping the nation's future

The Uganda's mining industry is important to the East African nation's economic growth. With GDP steadily rising at 4.25 percent growth per year (compared to the continental average of 3.6 ...