The Ugandan government is making another attempt to reopen a defunct copper mine estimated to contain 4 million tonnes of ore.
Uganda Mining News
"Historically it was a world-class producer, so we know cobalt is there."
Jervois, which has applied for a prospecting licence in Tanzania, says the deal would complement its efforts to establish a presence in east Africa.
The Vancouver junior mobilized a second drill rig and commenced drilling at two targets of its Bujagali mine.
The East African nation seeks to reassure potential investors that it isn’t involved in “conflict minerals.”
Newly renamed M2 Cobalt snags seven licences in Uganda covering 1,500 square kilometres as investors bet cobalt price rally will continue.
Following a $75m national mineral survey, Uganda has proposed a wide range of tax breaks ahead of a planned mining and exploration licensing round.
Uganda may become a more important player in the African iron ore market, after a recent geological survey revealed much bigger deposits of the steel-making ingredient than found during colonial mappings.
Rights group claims Uganda’s government has promoted private investment in mining without involving landowners.
Swiss authorities to determine whether the firm knew the gold it handled in 2004 and 2005 came from a militia group in eastern Congo.
A government official said the issue is so alarming that the country exported none of its own gold in April.
An international effort to ensure good governance of natural resources could do more to improve accountability and sustainability (IIED), according to research in the oil- and gas-rich Caspian Sea Region that the International Institute for Environment and […]
"Owners of the illegal gold mines were recruiting children aged below 16 years to do casual labour on the mines contrary to the law."
Joseph E. Stiglitz, Nobel laureate in economics and professor at Columbia University, has some sobering thoughts for Ghana, Uganda, Tanzania, and Mozambique.