Tag Archives: gold

  President Yoweri Museveni is in Bahir Dar, Ethiopias’ second largest city, for the 6th TANA high-level forum on security in Africa that will focus on natural resources. Africa’s natural resource endowments stand at 12% of global oil reserves, 40% of global gold deposits, and about two thirds of the world‟s …

Kampala, Uganda | AFP |  The inauguration of Uganda’s first gold refinery sparked concern Wednesday over the possibility of dirty minerals from regional conflict zones making their way into the country. Transparency International’s Peter Wandera told AFP the country’s failure to regulate the mineral sector meant there were “high chances” …

President Yoweri Museveni on Monday commissioned Uganda’s first gold refinery with a promise to abolish royalty taxes to boost the sector. The newly-built $20 million African Gold Refinery in Entebbe, is the first of its kind in the region and has the capacity of processing up to 300 kg of gold weekly. It has …

Lausanne, Switzerland | AFP | Usain Bolt lost one of his nine Olympic gold medals Wednesday when the International Olympic Committee stripped Jamaica of their 4x100m relay win at the 2008 Beijing Games after a teammate was caught doping. The decision which follows the re-testing of hundreds of samples from …

  Bukavu, DR Congo | AFP |  At least 20 people were killed in a gold mine collapse in the Democratic Republic of Congo, a local minister said on Sunday. The deaths occurred overnight at a mine in South Kivu region in the east of the country, the province’s mines …

Artisanal miners make a killing from ‘illegal’ gold mining as district authorities, government cry out for more revenue From a distance, “Saigon City” in Lubaali— Kayonza, Kitumbi Sub-County in Mubende District, resembles a desperately crowded refugee camp. Here, hundreds of congested makeshift tents and lodging structures are mostly dressed or …

By Ronald Musoke American, Indian, Arab companies invade mineral-rich region Acerer village in Nakapiripirit District shows how mineral-rich this north eastern region of Uganda is.  It is your classic Karamoja hamlet with traditional manyatta thorn-stick and mud settlements in lush green acacia thickets located just half a kilometer from the …