Busia, Uganda | THE INDEPENDENT | President Yoweri Museveni has launched the Wagagai Gold Mining Project in Busia, alongside Chinese investors, and proposed the creation of a mineral wealth fund to channel Uganda’s gold and oil revenues into lasting infrastructure. The fund, he said, will finance railways, roads, power plants, …
Read More »
If that discovery was authentic, you would have seen the big boys here, say analysts Kampala, Uganda | RONALD MUSOKE | Last year, on June 07, during his State of the Nation address, President Yoweri Museveni announced that Uganda had found up to 31 million metric tonnes of gold with extractable …
Read More »
Vanishing mineral exports dent economic recovery Kampala, Uganda | THE INDEPENDENT | Uganda’s non-formal export sector has maintained a downward trajectory year-on-year, according to the latest July 2022 figures from Bank of Uganda (BoU). The effect has been a dent on the otherwise emerging signs of recovery in exports buoyed …
Read More »
Busia, Uganda | THE INDEPENDENT | The government has licensed Wagagai gold mining company, a Chinese firm to start producing gold products in Busia district. The company embarked on the construction of its gold refinery valued at USD200m in phases in the district in 2016. The second phase is expected to …
Read More »
Busia, Uganda | THE INDEPENDENT | Eight positive Covid-19 cases have been confirmed in Wagagai Gold Mining Refinery in Busia district. Two are casual labourers working in the refinery while six are Chinese nationals are managers. Wagagai Gold Mining refinery is a Chinese gold firm that covers over 300 …
Read More »
Busia, Uganda | THE INDEPENDENT | Chinese firm Wagagai gold mining company limited has embarked on the construction of a gold refinery in Busia district. Valued at $200M, the gold refinery will seat on 300 acres of land covering Alupe, Akipenet, Amagoro and Amonikakine villages in Buteba Sub-county. Speaking …
Read More »
The Independent Uganda: You get the Truth we Pay the Price
