Uganda says exploration results show it has 31 million tonnes of gold ore

June 15, 2022

Africa, Business, International

KAMPALA (Reuters) – Uganda on Wednesday said recent exploration surveys have shown it has gold ore deposits of about 31 million tonnes and it wants to attract big investors to develop the sector hitherto dominated by small wildcat miners.

Over the last two years aerial exploration was done across the country followed by geophysical and geochemical surveys and analyses, Solomon Muyita, spokesperson for the Ministry of Energy and Mineral Development, told Reuters.

Muyita said an estimated 320,158 tonnes of refined gold could be extracted from the 31 million tonnes of ore.

Gold Uganda

Kampala, Uganda

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