Uganda’s largest export, gold, has this year hit an all-time high, peaking at US$4,379 an ounce in October 2025. This ...
MUBENDE, Uganda (AP) — The hunt for gold takes the men 100 meters (yards) underground, past contraptions of wood and rope rigged to function like pulleys, past hard rock that they attack day and night ...
In July the Ugandan Government said exploration surveys in the country had revealed vast estimated gold deposits of around 31 million tonnes. Of the behemoth find, around 320,158 metric tonnes are ...
Uganda’s mineral industry has enjoyed a spectacular surge in recent years. Gold exports reached $340 million in 2016, according to official figures, up from $237,000 in 2014. New mining sites are ...
KAMPALA, Uganda (AP) -- A gold refinery primarily owned by a Belgian investor was launched in Uganda Monday amid concerns about the source of its minerals. The African Gold Refinery, worth $15 million ...
Uganda bets on ICGLR's mineral certification mechanism as it battles for legitimacy in the global gold market For years, Uganda has carried the uncomfortable label of being "the gold laundering ...
KAMPALA, UgandaKAMPALA, Uganda — A Belgian businessman sanctioned by the U.S. over allegations of illicit gold trade in Congo said Friday the action undermines efforts to improve transparency in a ...