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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.
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]
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.
Most mining in the region around the Kibali Gold Mine took place in the 1950s, with more than 60% of production coming from the Gorumbwa, Agbarabo and Durba deposits. [ 6 ] There was a sharp drop in production during the unsettled conditions that followed independence in 1960, with most gold extracted by artisanal workers and small-scale ...
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 ...
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 ...
It is estimated to contain 1,000 metric tons of gold, valuing around 600 billion yuan or almost $83 billion. However, some experts question the feasibility of this finding and whether the scope is ...
Gold coins buried in a small pot and dated to the fifth century B.C. were discovered in modern-day Turkey. Archaeologists believe that the coins—based on their location underneath a Helensitic ...