News
Gold exports surge, but no revenue benefit, civil society warns
1+ day, 2+ hour ago (822+ words) Kampala, Uganda | URN | Civil society organizations have raised concerns that Uganda is deriving limited benefits from its booming gold exports, despite the mineral overtaking coffee as the country's leading export earner. Magara Siragi Luyima, the Energy and Extractive Industries Coordinator…...
Bo U taps local refinery in push to build gold reserves
2+ mon, 3+ day ago (670+ words) Kampala, Uganda | THE INDEPENDENT |The Bank of Ugandahas signed a contract with Euro Gold Refineryto supply gold under its Domestic Gold Purchase Programme, marking a shift toward local value addition as the central bank moves to strengthen its reserve base....
Big win for artisanal miners as DR Congo pilots first gold refinery
2+ mon, 1+ week ago (699+ words) The refinery is expected to deliver fairer prices, transparent trading systems and new market opportunities for thousands of artisanal miners, trading posts, and small- and medium-scale mining operators. SPECIAL REPORT | BIRD AGENCY | Small-scale miners in the Democratic Republic of Congo…...
Copper is the new oil, but will Uganda be Norway or Nigeria?
2+ mon, 3+ week ago (1533+ words) An electric vehicle requires roughly four times more copper than a conventional internal-combustion engine car because of their heavy reliance on electric wiring, motors and batteries. SPECIAL FEATURE | DERRICK LAMAR WATIMA|In the 20th century, oil shaped global power " it made…...
REPORT: Transparency in oil and minerals sector could unlock billions for development
3+ mon, 1+ week ago (503+ words) Kampala, Uganda | THE INDEPENDENT | A new report from the Extractive Industries Transparency Initiative (EITI) shows that resource-rich countries can significantly boost public revenues and sustainable development through transparency and sound fiscal management. It notes that with shrinking aid, rising debt,…...
Washington's critical minerals gambit
4+ mon, 3+ day ago (1473+ words) Inside Trump's plan to rebuild'global supply chains without China NEWS ANALYSIS' | RONALD MUSOKE | On Feb. 4, delegations from more than 50 countries streamed into the U. S. Department of State for a summit that Washington D. C views as foundational to the next era of…...
African nations push to strengthen mineral diplomacy
5+ mon, 1+ week ago (950+ words) Africa's strategic minerals are no longer just economic assets. They are levers of power. Gold in the Sahel, cobalt and lithium in the DRC, fuel alliances, arm militias and shape global partnerships. According to experts, how these resources are governed…...
The case for a Uganda mineral exploration fund
6+ mon, 1+ week ago (725+ words) " COMMENT | ERIC ODONGO |"It is no longer in doubt that Uganda is endowed with considerably vast amounts of minerals. Dating as far back as colonial times in 1925, when the oil potential was first documented, exploration has and continues to support…...
Malawian president issues executive order prohibiting raw mineral exports
7+ mon, 2+ week ago (224+ words) LILONGWE | Xinhua | Malawian President Peter Mutharika has issued an executive order banning the export of raw, unprocessed minerals as the country gears itself up to develop its wide range of mineral resources. The order was released on Saturday, reaffirming the…...
Mining, Finance leaders chart sustainable growth path at 14th Mineral Wealth Conference
8+ mon, 2+ week ago (378+ words) Kampala, Uganda | THE INEDEPENDENT |Uganda's mining sector took center stage this week as government officials, financiers, and industry players gathered at the Kampala Serena Hotel for the 14th Annual Mineral Wealth Conference. The two-day meeting, organized by the Uganda Chamber of…...