Tag Archives: mining

  Equity Bank backs Uganda’s drive to unlock mining potential   Kampala, Uganda | THE INDEPENDENT | Christine Mukasa Mugerwa, Senior Sector Head, Energy, Mining and Extractives at Equity Bank Uganda, has reassured stakeholders that the bank is focusing on bringing financial services closer to miners while supporting the transition …

    Kampala, Uganda | NEWS CORRESPONDENT | Industry players have been urged to support the growth of Uganda’s mineral sector to unlock its potential through appropriate financing and investment options that will spur its growth and enable the country to attain its US$500 billion GDP target by 2040. The call …

  The continent must progressively move beyond exporting raw minerals towards processing and manufacturing higher-value products locally   COMMENT | JOHN TUMWINE | Africa’s mining industry is entering a defining era. The global shift towards clean energy, advanced manufacturing and digital technologies has intensified demand for critical minerals, placing the …

Kampala, Uganda | URN | Uganda has urged investors in the United Kingdom to invest in the 250 percent return-on-investment mining and energy sector in the country. ‎‎‎However, only serous and mutually beneficial partners are welcome to invest in the country’s budding extractives sector, according to Ramathan Ggoobi, Permanent Secretary …

With billions of dollars at stake, voluntary transparency is no longer enough to guarantee accountability or protect citizens’ share of resource wealth   COMMENT | GARD BENDA | Globally, billions of dollars are lost each year due to weak transparency and accountability in the extractive sector. Estimates suggest that as much …

Yumbe, Uganda | THE INDEPENDENT | Euro Gold Refinery (U) SMC Ltd has secured a gold mining licence in Yumbe District, expanding its footprint in Uganda’s mineral sector as government pushes for increased domestic value addition and tighter regulation of the country’s gold trade. The licence was granted by the Ministry of Energy …

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 are tipped to gain access to a …

Governments in Africa are pushing for local processing in a bid to turn their vast critical mineral reserves into factories, skills and long-term jobs. SPECIAL REPORT | BIRD AGENCY | Across Africa, governments are tightening export rules and changing mining laws to make sure they keep more value within their …

The U.S., Allies, and Africa in the Spotlight   Washington, USA | THE INDEPENDENT | The United States has taken a decisive step to secure its place in the global critical minerals market with the launch of Project Vault, a $12 billion strategic reserve aimed at stockpiling essential minerals for …

COMMENT | Johanna Sydow & Nsama Chikwanka | The environmental and human toll of mineral extraction is becoming clearer – and more alarming – by the day. Roughly 60% of Ghana’s waterways are now heavily polluted due to gold mining along riverbanks. In Peru, many communities have lost access to safe drinking water after environmental …