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  • Uganda announces discovery of 31 million metric tonnes of gold deposits

    Published on July 8, 2022

    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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