A national mining company will be set up in Uganda
The Ugandan government intends to establish a national mining company. Ruth Nankabirwa Ssentamu, the minister for energy and minerals, revealed the plans and stated that the action aims to take equity stakes of up to 15% in all medium and large-scale mining operations in the nation.
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She compared the Uganda National Oil Company (UNOC), which manages the government's business holdings in the petroleum industry, to the planned National Mining Company. In order to ensure sustainable resource …
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The mining and quarrying sector is a significant contributor to Uganda's GDP, accounting for 1.8 percent of the national GDP in the 2020/21 financial year. Apart from crude oil in the Albertine region, Uganda is rich in rare earth, gold, copper, iron ore, cobalt, marble, vermiculite, and other minerals.
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On Tuesday (1 October), Uganda's Minister for Energy and Mineral Development, Ruth Nankabirwa, announced that the country has formed a state-owned mining company to …
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Women look for gold in a rock at Acerere Gold Mining Site in Nakapiripirit District in 2018. Experts say mining affects the quality of the soil.
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(241015) -- KAMPALA, Oct. 15, 2024 (Xinhua) -- The line-up players of Cameroon pose for a group photo ahead of a Group J match between Cameroon and Kenya of CAF Africa Cup of Nations (AFCON) 2025 qualifiers at Mandela National Stadium in Kampala, Uganda on Oct. 14, 2024. (Photo by Hajarah Nalwadda/Xinhua)
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The mining and quarrying sector has a large contribution to Uganda's gross domestic product, which according to data from Uganda Bureau of Statistics, contributed …
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P.O. Box 9, Entebbe / Uganda; Tel: +256 414 323432, +256 414 320118; Fax +256 414 320364; E-Mail:[email protected] REPUBLIC OF UGANDA Ministry of Energy and Mineral Development Policy Goal To develop the mining industry through increased investment, value addition, national participation and revenue generation to contribute significantly to ...
WhatsApp: +86 18221755073Uganda to set up State mining firm, take equity in licences
The Ugandan government has started to set up a national mining company that will aim to take equity stakes of up to 15% of all medium and large-scale mining operations in the country, the minister ...
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The MMA establishes the Uganda National Mining Company (UNMC) which is wholly owned by the State to manage Uganda's commercial holding and participating interests in mineral …
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The mining sector's contribution to Uganda's GDP has grown from 0.3% in FY2009/2010 to 2.2% in FY2022/2023, according to data from the Uganda Bureau of …
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The country has vast mineral resources, but its mining industry has experienced a turbulent history. After a boom in the 1950s and 1960s, when the sector contributed up to 30% of the …
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The United States has banned entry to four Uganda Police Force members over their alleged involvement in human rights violations, including torture, the State Department said on Wednesday. The State Department named the four as Bob Kagarura, Alex Mwine, Elly Womanya and Hamdani Twesigye. It said ...
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M23 rebels claim control of DR Congo's coltan mining town of Rubaya Friday, May 03, 2024 Labourers work at an open shaft of the SMB coltan mine near the town of Rubaya in the Eastern Democratic Republic of Congo on August 13, 2019.
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Uganda will test some sections of its new mining law in 2024, especially with the creation of the national mining company. The set-up of this company, especially whoever …
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Statistics from the Ministry of Health's Health Management Information System indicate that only 11 percent of the estimated 500,000 Ugandans in need of palliative care services have access to them
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The Board of Ionic Rare Earths welcomes advice that the Ugandan Government has approved and gazetted its updated Mining and Minerals Regulations 2023. This was an important precursor to the grant of the Mining …
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The journey towards harnessing Uganda's mineral potential has been long-standing, with tin mining dating back almost a century in southwestern Uganda. However, the sector has largely remained artisanal and small-scale, lacking systematic evaluation and …
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National Action Plan for the Prevention of Trafficking in Persons in Uganda (2019–2024): Focuses on developing sustainable systems and structures to prevent human trafficking; improving capacity for the identification, protection of and support for victims; improving investigations and prosecutions; and establishing cooperative relationships ...
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Uganda is one such a country rich in minerals where a fraction of communities derive their livelihood from mining minerals. These include gemstones, white marbles, sand, limestone, gold, zeolite ...
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African nation to increase state share in mining » Uganda has launched a national company to expand the country's mineral reserves Uganda's government has established a national mining company…
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One of the two guards from a private company told the Nation that mining had been going on for the past two weeks from 6am to 6pm. "Our job is to keep a record of all the trucks. Every day they collect at least 60-80 trucks of murram," he said.
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Mining CS Joho makes unannounced visit to Madini House, surprises management and staff Saturday, August 24, 2024
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A Chinese company has been halted from mining gold in Yumbe District after the Commissioner of Mining visited the site and discovered that it was operating illegally and degrading the environment. ... Uganda Wildlife Centre sees revenue and visitor growth. ... 1 National National parks open for two-day free entrance;
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A multimillion dollar large-scale gold mining and refining plant called Wagagai Mining (U) Limited is set to start operating in March 2024 in Alupe, Busia (Eastern Uganda). The company's general manager, Mr. Tan …
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A multimillion dollar large-scale gold mining and refining plant called Wagagai Mining (U) Limited is set to start operating in March 2024 in Alupe, Busia (Eastern Uganda). ... Minister Nankabirwa addressed the …
WhatsApp: +86 18221755073Uganda: What Awaits Uganda's Mining Sector in 2024
Uganda will test some sections of its new mining law in 2024, especially with the creation of the national mining company. The set-up of this company, especially whoever heads it, is expected to ...
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The Bank of Uganda said it will directly purchase bullion from artisanal miners in a move that will also support government efforts to support local miners and reduce imports of raw gold. Uganda's move echoes a proposal by Nigerian lawmakers for the nation's central bank to buy all locally produced gold to shore up reserves and fight inflation.
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the mining area prior to exploration or mining, a detailed timetable, and the proposed uses for the land following restoration. 5. Location licenses for small-scale prospecting and mining operations are evidence of a strategy to formalize Artisanal and Small-Scale Mining (ASM) operations, as is the inclusion of ASM in national mining policies
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Don't miss out on the great content on Nation.Africa. Ready to continue your informative journey with us? Renew subscription Maybe later. ... Ugandan marathoner Rebecca Cheptegei's ex-boyfriend and alleged killer Dickson Ndiema dies Tuesday, September 10, 2024 Rebecca Cheptegei, 2022 World Mountain Running Champion. ...
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