Gold
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News
Four perish in Buhweju gold mine accident
BUHWEJU – Locals in Bihanga Sub-county in Buhweju district are terrified after four artisanal miners died as part of the gold mine they were working in collapsed last Friday. Martial Tumusiime, the…
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International
Global gold demand up 28 percent year-on-year in Q3
LONDON-The World Gold Council’s latest Gold Demand Trends report reveals that gold demand [excluding over-the-counter trading-OTC] in the third quarter of 2022 hit 1,181 tonnes, up 28 percent year-on-year. Strong demand pushed…
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Energy & Mining
Busitema University, Chinese gold company sign deal to improve skills
TORORO-Busitema University has signed a Memorandum of Understanding with Wagagai Mining [U] Limited in a bid to improve the quality of the university’s students doing engineering-related courses. The collaboration between the academic…
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News
SAMA Gold Miners Cooperatives eye Shs 19billion in gold supplies to the UK by 2020
KAMPALA, Uganda: Three years ago when the locals started smallscale gold mining in Busia, life was a hustle. The price of buying their hard- earned gold was determined by the middlemen from…
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