Tag Archives: gold

Moroto, Uganda | THE INDEPENDENT | The Uganda People’s Defence Forces – UPDF 5th Infantry Division have deployed personnel in Okemer village, a newly discovered gold site in Alerek and Chamkok Sub-Counties in Abim district to keep it out of bounds. It follows a directive by President Yoweri Kaguta Museveni to …

However, Auditor-General John Muwanga report faults the taxman for failing to collect taxes from gold exports Kampala, Uganda | THE INDEPENDENT | Uganda’s gold exports have seen a dramatic rebound, hitting US$2.3 billion last year following the government’s decision to lower export taxes, a move aimed at revitalizing trade that had …

African states are riding the wave of a gold rush, with global prices stabilising and mining technologies advancing. Here are the continent’s ten largest gold-producing powerhouses per tonnage (t), according to the World Gold Council’s 2022 stats. 1. Ghana – 127th Known as the “Gold Coast”, Ghana is Africa’s largest …

Mukono, Uganda | THE INDEPENDENT | Uganda small-scale miners have asked the government to allocate funds towards discovering more affordable and safer alternatives for extracting gold. Despite the ban on mercury use, some miners have resorted to smuggling the toxic substance due to the lack of viable alternatives within their means, …

Kampala, Uganda | THE INDEPENDENT |  The number 4 most read story on The Independent website in 2023 was on Uganda’s ‘huge’ gold discoveries. Uganda’s ‘huge’ gold discoveries Share on:

ST. PETERSBURG | Xinhua |  The value of Russia’s gold reserves has exceeded 150 billion U.S. dollars for the first time in contemporary history, due to the rise in gold prices, RIA Novosti news agency reported on Thursday. The value of Russia’s gold investments in November increased by 2.2 percent, …

Kampala, Uganda | THE INDEPENDENT | City Hall Grade One Magistrate Rehema Nassozi Ssebowa has remanded two men to Luzira Prison on charges of obtaining money by false pretense and conspiracy to commit a felony. The suspects, James Mugisha, a resident of Kitende, Kajjansi Town Council in Wakiso District, and …

Khartoum, Sudan | Xinhua | Sudan’s state mining services company said its gold production has dropped to two tons amid the ongoing clashes between the Sudanese Armed Forces (SAF) and the paramilitary Rapid Support Forces (RSF), compared to 18 tons in 2022. “The total gold produced by the corporate sectors …

Kampala, Uganda | THE INDEPENDENT | The government is to resume the issuance of new mining licenses as the new mining and Minerals Act takes effect. The issuance of the licenses by the Directorate of Geological Surveys and Mines had been temporally halted pending the guidelines after the enactment of …

Budapest, Hungary | THE INDEPENDENT & XINHUA | The Commonwealth Games champion Victor Kiplangat was fastest in men’s marathon to secure Uganda’s second gold at the World Athletics Championships in Budapest. Kiplangat kept a strong momentum in the last stage to clinch the men’s marathon title in 2:08:53 at the World …