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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Kampala, Uganda | THE INDEPENDENT | Experts and practitioners in the extractives industry have warned of adverse effects on Uganda unless there is strict regulation and hence transparency. Unless strict rules and regulations are put in place and strictly enforced, there will also be very little or no benefit to …
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Kampala, Uganda | THE INDEPENDENT | The private sector in Uganda views the statement on sanctions made by the West against Uganda as a barrier that will be overcome. The latest statements came from the US government in form of an advisory to its business people doing business in Uganda, …
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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 …
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