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Magnus International Resources (US), Anglo Uganda Corp. (UK), and Grey Crown Resources Ltd. (Canada) are some of the foreign companies working for gold extraction in Uganda. [10] Gold mining is also done by artisans. [1] The first case of gold production was recorded in 1992, and, in 2000 Uganda, produced 56 kilograms (123 lb) of gold. [11]
The Rupa Gold mine of Karamoja, Uganda is an artisanal (informal) mine located approximately 10 km north of Moroto Town in Uganda’s Karamoja region. After years of instability caused by inter-clan cattle raiding and a decade-long military disarmament campaign in Karamoja, many people in the region have been finding alternatives to their traditional semi-nomadic pastoralist lifestyles.
During the 21st century, gold deposits have been discovered in the district. This has attracted many new residents to the area, performing such activities as: miners, washers, grinders, middlemen, buyers as well as salesmen of the hardware used in the artisanal gold mining industry, such as pick axes, shovels, pails, basins, ropes and ladders. [3]
Starting around 2008, the government of Uganda, began engaging various investors, including a local firm Nilefos Limited, a subsidiary of the Madhvani Group, to commercially exploit the deposits. Local landowners in the mining area, however, filed a lawsuit against the government, protesting the development.
Test drills near the site’s “peripheral areas” found more gold, suggesting that the deposit could be even larger. In all, there could be over 1,000 metric tonnes of the precious metal at the ...
Uganda is endowed with significant natural resources, including ample fertile land, regular rainfall, and mineral deposits. Chronic political instability and erratic economic management since the implementation of self-rule has produced a record of persistent economic decline that has left Uganda among of the world's poorest and least-developed ...
Geologists have discovered a large gold deposit in Hunan Province, China and experts call it a "supergiant." The Geological Bureau of Hunan Province announced their discovery in the Wangu gold ...
The second-largest mineral industry in the world is the mineral industry of Africa, which implies large quantities of resources due to Africa being the second largest continent, with 30.37 million square kilometres of land.With a population of 1.4 billion living there, mineral exploration and production constitute significant parts of their economies for many African countries and remain keys ...