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Uganda announces discovery of 31 million metric tonnes of gold deposits

Wed 06 Jul 2022, 10:53:37

Uganda has announced the discovery of 31 million metric tonnes of gold deposits in the country. A spokesperson from the Ministry of Energy and Mineral Development in Uganda, Solomon Muyita, said that these reports are aimed at attracting gold miners and

investors.

In a bid to boost the country’s economy, the Ugandan Government has licensed Wagagai Gold Mining Company, a Chinese firm to start producing gold products in the Busia district.

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