Experts want the government to offer incentives to bolster the sector’s growth Kampala, Uganda | JULIUS BUSINGE | Private sector players have called on the government to offer incentives to players in the mining sector to bolster its growth and create opportunities. Frank Mugyenyi, Founder of Global Minerals Africa Development …
Read More »Uganda’s ‘huge’ gold discoveries
If that discovery was authentic, you would have seen the big boys here, say analysts Kampala, Uganda | RONALD MUSOKE | Last year, on June 07, during his State of the Nation address, President Yoweri Museveni announced that Uganda had found up to 31 million metric tonnes of gold with extractable …
Read More »Local industry too small to cover mining industry: Insurers
Kampala, Uganda | THE INDEPENDENT | Uganda’s mining industry is likely to face a struggle to access the needed insurance cover as they plan more exploration and production. As different companies step up their activities, huge amounts of money will be spent covering for any eventualities that might result in …
Read More »Ethiopia earns over $560 million from gold exports in 2021/2022 fiscal year
Addis Ababa, Ethiopia | Xinhua | Ethiopia has earned more than 560 million U.S. dollars in revenue from gold exports during the last Ethiopian 2021/2022 fiscal year, which ended on July 7, an Ethiopian official said Wednesday. State Minister of Ethiopia Ministry of Mines Thomas Tut said the bulk of …
Read More »Five bodies recovered after Kajjansi stone quarry accident
Kampala, Uganda | THE INDEPENDENT | The Police has recovered bodies of five men who were buried alive in a stone quarry on Saturday evening. The incident happened around 6:30pm after part of the stone quarry collapsed and trapped unknown number of people and a vehicle under its rubble in Nganjo …
Read More »Six people feared trapped, dead in Kajjansi stone quarry
Kampala, Uganda | THE INDEPENDENT | Residents of Namulanda Nganjo cell in Kajjansi Town Council are scared that three or more people could have been killed after part of a stone quarry collapsed Saturday evening. Led by Maria Nanteza and Canaan Nsubuga, the residents and area leaders are urging the …
Read More »Natural resources committee of Parliament divided on Mining Bill
Kampala, Uganda | THE INDEPENDENT | The Environment and Natural Resources Committee of Parliament is divided on President Yoweri Museveni’s proposals regarding the Mining and Minerals Bill, 2021. On June 18, 2022, President Yoweri Museveni returned the Mining and Minerals Bill, 2021 to parliament for reconsideration. The Bill which seeks …
Read More »Investors flee Karamoja as mining sites targeted
Moroto, Uganda | THE INDEPENDENT | Local governments in Karamoja districts are losing revenue accruing from the transportation of mineral transportation as miners withdraw from the fields citing the insecurity in the region. Karamoja region has experienced unrest for the past few months following the escalation of ambushes and raids …
Read More »Govt urged to invest in environment protection in mining zones
Mityana, Uganda | THE INDEPENDENT | Stakeholders in the mining sector have asked the government to invest in restoration and conservation of the environment for artisanal miners in a move needed to fight the adverse effects of climate change in the country. Chris Musiime, the Programmes Director for Africa Center …
Read More »FULL TEXT: The Mining and Minerals Bill, 2021
Kampala, Uganda | THE INDEPENDENT | Parliament has passed the Mining and Minerals Bill, 2021 which will see the establishment of the Uganda National Mining Company which will manage the government’s commercial holding and participating interests in mineral agreements. The Bill that was passed on 17 February 2022 mandates the …
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