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- Gold mining in Moroto District in northern Uganda.
Uganda to own shares in every mining company granted a lease
The policy is a major shift for the sector where investors owned 100 per cent stakes in mining leases and had the option of exporting raw ore.A new policy will see Uganda maximise the gains from its natural resources to achieve efficiency and ensure equitable and transparent management of mineral revenues, Kampala will automatically own shares in every mining company granted a lease, according to a new policy approved by the Cabinet this month. Uganda’s Mining and Minerals Policy 2018 also makes value addition mandatory. It is aimed at helping the country achieve maximum economic gains from its natural resources.
- Gold nuggets smuggled from Africa
Gold worth billions smuggled out of Africa
High prices are luring Africans into prospecting for gold. But huge volumes are smuggled out through the Middle East.Billions of dollars’ worth of gold is being smuggled out of Africa every year through the United Arab Emirates in the Middle East – a gateway to markets in Europe, the United States and beyond – a Reuters analysis has found.
- Gold nuggets being refined
Museveni orders Removal of Royalty paid on Gold by the Dealers
This move is to limit the amount of gold smuggled through Uganda unprocessedA new policy will see Uganda maximise the gains from its natural resources To achieve efficiency and ensure equitable and transparent management of mineral revenues, Kampala will automatically own shares in every mining company granted a lease, according to a new policy approved by the Cabinet this month. Uganda’s Mining and Minerals Policy 2018 also makes value addition mandatory. It is aimed at helping the country achieve maximum economic gains from its natural resources.
- Small Gold rocks
Artisanal Gold Mining Is Dangerous. Here Is Why
Gaseous mercury from the burnt amalgams is released into the surrounding area, inhaled by people and collects in the environment where it can impact various organisms.Questioning reality for the impact of the search for wealth on health. News and thoughts which focuses exclusively on design, Do you wish to contribute or point out a mismatch in our information. Please contact us. Some summary here. Follow Raw East Africa latest news and thoughts which focuses exclusively on design, Do you wish to contribute or point out a mismatch in our information. Please contact us.
- Gold mining at the banks of a forest river, Uganda
A look into Uganda's Gold mining
Gold tends to do well in times of trouble. Well, thanks to the coronavirus pandemic putting the global economy on lockdown, investors have trouble in spades.Gold production in Uganda has radically increased in the recent past. Today gold sales contribute just over 30% of Uganda’s export revenue. With gold deposits spread across the country, Uganda offers companies a great opportunity to invest in gold mining.
- A miner uses a metal stick to loosen the dirt, which she will later mix with water and sift for gold
The Looming Battle for Uganda's Gold
Miners write petition to Parliament committee following eviction from fields as scramble for minerals hits upHaving lost their traditional herds, the local people of Karamoja, Uganda, increasingly turned to small-scale gold mining as a meager but fairly steady source of income. But with large mining interests moving into the region, even their gold could soon be taken from them. As a child, Livingstone Ekiru’s world revolved around cows.
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