Attracting ‘proper’ mining companies could bring peace, say experts COVER STORY | RONALD MUSOKE | Barrick Gold Corporation was until 2019 the largest mining company in the world. With operating revenue of US$12.922 billion (Uganda’s GDP is about US$50 billion), Barrick Gold is the kind of mining company that experts think …
Read More »Tanzania launches first-ever explosives plant
New plant to support mining industry and promote value addition DAR ES SALAAM | Xinhua | Tanzanian Minister for Minerals Anthony Mavunde on Sunday inaugurated the country’s first-ever explosives manufacturing plant, as part of broader efforts to promote value addition and support the growth of industries serving strategic sectors such as …
Read More »Future-fit financing for African mining hinges on ESG
COMMENT | Dean Hack & Chetan Jeeva |The world is rewriting its rulebook. It’s no longer just about what you produce but how you produce it. For resource-rich regions like Africa, the implications are profound: the value of its vast reserves of critical minerals is now tied not only …
Read More »‘Ignorance behind most misuse of wetlands’
Sand mining, construction, car washing appear to be main problem – experts say ANALYSIS | RONALD MUSOKE | Ignorance or lack of awareness is the main cause of growing degradation and encroachment of critical wetlands in Uganda. That is the main finding by researchers from the Regional Centre for Mapping of …
Read More »Kassanda Gold Pits: A deadly brew of child Labor, mercury, and illegal mining
Kassanda, Uganda | THE INDEPENDENT | When 15-year-old Mukasa (not his real name), a native of Kyankwanzi district left school to seek a livelihood, he ended up working in the gold mines. Situated in Nkufa, Kassanda District, this gold mining, which began in the 1980s, perpetuates several illegalities, including child labor, …
Read More »Uganda’s extractive sector: A transformative year ahead in 2025
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 …
Read More »Blencowe starts drilling at Orom-Cross Graphite Project
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 …
Read More »Extractive industry sees strong growth, pivots toward sustainability
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 …
Read More »New board formed to look after Uganda National Mining Company
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, …
Read More »Uganda targets tenfold GDP growth riding on mining sector expansion
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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