Experts say the region’s mineral certification mechanism remains patchy, under-implemented, and hindered by political and regulatory gaps ANALYSIS | RONALD MUSOKE | Fourteen years since 12 governments in the Great Lakes region unanimously agreed to create a foolproof international system for certifying and auditing minerals that have been blamed for fomenting …
Read More »US-Ukraine minerals deal resembles colonial exploitation of Africa
NEW YORK, the United States | TASS | The US-Ukraine agreement on mineral reserves, if signed, will be somewhat similar to the penal agreements that European colonizers made with the peoples of African countries, Bloomberg reports. According to the agency, the US access to Ukrainian subsoil resources is now taking “a form …
Read More »Trump eyes DR Congo minerals
President Tshisekedi, visiting American senior advisor, discuss minerals-for-security deal COVER STORY | IAN KATUSIIME | Finally, African countries know that unlike in his first term where they hardly mattered, U.S. President Donald Trump this time has the continent on his agenda. Just as in his first term, President Trump has delayed …
Read More »‘Fool’s Gold’ taints Uganda’s mineral sector
Kampala, Uganda | THE INDEPENDENT | Escalating cases of god scams are undermining revenue collection as well as investments in the mining sector says one of the energy and mining policy experts in country. Bwesigye Don Binyina, the Executive Director of the African Centre for Energy and Mineral Policy (ACEMP) …
Read More »What minerals does Ukraine have and what are they used for?
ANALYSIS | AGENCIES | Ukraine has substantial supplies of key minerals, but some are now in Russian-occupied territory. Ukraine has agreed to the outline of a major deal that would give the US access to Ukraine’s mineral deposits, a senior official in Kyiv has told the BBC. Kyiv has faced growing …
Read More »America wants Ukraine’s minerals
Zelensky, Trump sign them off in a deal ANALYSIS | AGENCIES | Ukrainian President Volodymyr Zelensky will meet U.S. President Donald Trump in Washington on Feb.28 to sign an agreement on sharing his country’s mineral resources, Trump has said. Zelensky has described the bilateral deal as preliminary, and said he wants …
Read More »What is known about US – Ukraine minerals deal so far
After revisions and trade of barbs between the two sides, Zelensky appears more open to the current version of a framework agreement on the joint development of Ukraine’s natural resources with the United States, despite his previous stance that he “will not sign what ten generations of Ukrainians will have …
Read More »Karamoja aerial mineral survey reveals 300 Million tonnes of limestone
Moroto, Uganda | THE INDEPENDENT | Karamoja Minerals’ airborne geophysical and geological mapping indicates that the region has more than 300 million tons of Limestone/Marble in Moroto, Kotido and Napak districts. The findings are contained in the geological survey strategy report which was released on Thursday at Moroto Boma Grounds. …
Read More »Blencowe starts drilling at Orom-Cross Graphite Project
Kitgum, Uganda | THE INDEPENDENT | Blencowe Resources Plc. has announced the commencement of the Phase 7 exploration programme that involved drilling, at its Orom-Cross graphite project in Kitgum district. Blencowe acquired the Orom-Cross Graphite Project mining license in 2019 for 21 years through the acquisition of a 100 percent …
Read More »Govt mints billions from minerals, oil
But more money still missing, says Uganda’s third EITI report COVER STORY | RONALD MUSOKE | The value of Uganda’s mineral production has jumped from Shs 19.92 billion in 2020/2021 to Shs 202 billion in 2021/22. That is one of the findings from the country’s third report of the Extractive Industries Transparency …
Read More »