Tag Archives: mining

Bangalore, India | AFP | A controversial Indian mining tycoon has taken over a royal palace and flown in Brazilian dancers at a reported cost of $75 million to celebrate his daughter’s wedding on Wednesday, as the country reels from a cash crisis. Up to 50,000 people are expected at …

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 …

Locked up mineral wealth, fortunes: President Museveni, mineral experts, policy makers exchange ideas on way forward for Uganda’s dormant mineral industry prospects Early this month, Uganda hosted the fifth Mineral Wealth Conference, which was organized by the Uganda Chamber of Mines and Petroleum (UCMP) under the theme, “Attracting Exploration Investment …

Parliament’s Natural Resources Committee has suspended sand mining on a two acre site along Masaka road in Lweera-Kalungu district. The expansive Lweera wetland on Kampala-Masaka Highway, which stretches about 20 kilometers, is a major water catchment area that connects several rivers and wetlands in Gomba, Mpigi and Kalungu districts and drains directly into …

Johannesburg, South Africa | AFP | South African opposition parties on Tuesday slammed the ruling ANC for failing to deliver on its promises, four years after police killed 34 Marikana miners in a massacre that shocked the world. “There has been no justice that has taken place for those who …

Kinshasa, DR Congo | AFP | US company Freeport-McMoRan said Monday it was selling control in the Tenke Fungurume copper mine in DR Congo to China Molybdenum, giving the Chinese company a strong foothold in the country’s rich copper and cobalt reserves. Freeport-McMoRan will offload its 70 percent stake in …

Paris, France | AFP Almost half of all natural World Heritage Sites, including the Great Barrier Reef and Machu Picchu, are threatened by industrial activities such as mining, oil exploration and illegal logging, conservation group WWF warned Wednesday. The 114 threatened sites, virtually half the total listed by UNESCO, provide …

By Julius Businge The Ministry of Energy and Mineral Development has started the process of revising some clauses in the mining laws to attract the highly mobile capital and finance needed to establish a modern and viable mining industry. The laws in question are; the Mineral Policy, which was put …