Uganda

With coronavirus affecting a lot of industries around the world and nearly crippling economies in its wake, there’s reason to believe that the pandemic will as well mar Africa’s mining, especially the sector of gold. Over the years, huge mining operations in Africa have generated significant profits for foreign companies. …

Despite the recent presidential directive to the Minister of Water and Environment to clear all wetlands, riverbanks and lakeshore of encroachers sand mining seem to have resumed on the shores of Lake Victoria. The mining site, at Buwaya-Nakiwogo in Wakiso District, is said to be owned by a businesswoman in …

A report by the International Union for Conservation of Nature (IUCN) has revealed that the artisanal and small-scale gold mining sector are the force behind the flow of trade in mercury, this is despite the heavy metal’s risk to health and environment. The report titled “Opening the black box: Local …

ASX- and TSX-V-listed Jervois Mining has suspended its activities in Uganda in response to Covid-19, with no fixed remobilisation date yet. The miner said on Friday that measures have been undertaken to safeguard the health and safety of its employees, contractors and local communities. According to Jervois, timing of restart will “depend on …

Civil Society Organisations in Uganda are demanding that the government takes up appropriate action to close loopholes that are hurting mining tax revenues in the country. This call was made in reaction to the Auditor General’s Report which concluded that under assessment of payment of royalties in the mining sub-sector …

International Conference of the Great Lakes Region (ICGLR) mining officials are set to meet next month to discuss the body’s Artisanal and Small-Scale Gold Strategy which calls for harmonization of gold export procedures including taxation and traceability. The strategy is believed to be the panacea to rampant smuggling of gold …

After decades of failed attempts, Kenya finally Struck oil six years ago. Commercially viable reserves were discovered in Turkana – the northwest of the country- by British oil company, Tullow oil. The basin is estimated to contain about 560 million barrels of oil. While commercial production is a few years …

Kenya is mulling the introduction of nuclear power generation capability through the Kenya Nuclear Electricity Board, established in 2014, to catalyse development. This comes at the backdrop of Uganda drafting the Atomic Energy Bill in 2008 to regulate the use of ionising radiation and provide a framework to develop nuclear …

New entrant into the oil and gas market, Uganda plans to build the longest electrically heated crude oil pipeline. The country intends to build an oil pipeline stretching from Uganda oil fields to the Tanzanian port of Tanga. Estimated to be one of the most expensive projects consisting of upstream, …

Vermiculite miner Black Mountain Resources has raised $1-million, with the funds to be immediately deployed to delivering operational improvements at its Namekara mine, in Uganda. The ASX-listed miner said the funds were raised through the placement of 25-million fully paid ordinary shares at $0.04 apiece to new cornerstone investor, Investmet. …