Growth in oil, gas, and mining drives economic ambitions amid global and regional opportunities Kampala, Uganda | JULIUS BUSINGE | This year, Uganda’s extractive sector is on the cusp of significant growth and transformation, fueled by both regional and global dynamics. Spanning oil, gas, and mining, the sector is set to …
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Kitgum, Uganda | THE INDEPENDENT | Blencowe Resources Plc. has announced the commencement of the Phase 7 exploration programme that involved drilling, at its Orom-Cross graphite project in Kitgum district. Blencowe acquired the Orom-Cross Graphite Project mining license in 2019 for 21 years through the acquisition of a 100 percent …
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However, infrastructure gaps in remote mining areas continue to hinder resource accessibility and operational efficiency Kampala, Uganda | JULIUS BUSINGE | Uganda’s extractive industry marked a year of significant strides in 2024, with advancements in mining and oil and gas shaping the sector’s outlook. Bolstered by government initiatives, increased investment, and …
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Kampala, Uganda | THE INDEPENDENT | The Government has inaugurated a new board for the Uganda National Mining Company, under the Ministry of Energy and Mineral Development, to oversee its equity interests in the mining sector. The board, consisting of nine members, was inaugurated on Monday, November 4, 2024, …
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The East African nation boasts diverse mineral resources, including deposits of gold, copper, high-grade tin, cobalt, kaolin, iron ore, and others, which remain underexploited Kampala, Uganda | JULIUS BUSINGE | Ugandan strategists are ambitiously working towards growing the nation’s economy tenfold, aiming to expand its Gross Domestic Product (GDP) from $50 …
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As the world rushes to it for lithium and more, here is how the continent should deal with the demand COMMENT | JAMES BOAFO, ERIC STEMN JACOB OBODAI & PHILIP NTI NKURUMAH | Global demand for critical minerals, particularly lithium, is growing rapidly to meet clean energy and de-carbonisation objectives. Africa …
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Experts urge authorities to unlock financial and regulatory opportunities to drive growth Dar es Salaam, Tanzania | JULIUS BUSINGE | Uganda and Tanzania’s public and private sectors must address gaps in mining activities to create opportunities aligned with their development plans. Speaking at the 2nd Uganda-Tanzania Business Forum, held in Dar …
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This development is anticipated to lead to a decline in cement prices, which have risen from Shs 28,000 in 2018 to currently exceed Shs 33,000, varying by manufacturer and application Kampala, Uganda | JULIUS BUSINGE | Uganda has granted a 21-year Large-Scale Mining License LML0344 to Sunbird Resources Limited to mine …
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JULIUS BUSINGE | THE INDEPENDENT | The Ministry of Energy and Mineral Development Minister Ruth Nankabirwa has this afternoon (Feb.22) granted a 21-year Large-Scale Mining License LML0344 to Sunbird Resources Limited to mine 8000 tonnes per day of vital limestone at Rupa Sub-County, Moroto District, Karamoja Sub-region. Sunbird started …
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Africa poised for unprecedented mining boom BUSINESS INTERVIEW | THE INDEPENDENT | Africa is poised to experience an unparalleled mining boom that will unleash its immense potential and completely transform the continent’s economic terrain. Leading the push is the visionary Ugandan businessman Emmanuel Katto, who has expressed his deep hope …
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