What Is Gold Business?
If you’re looking for a safer investment, you can start a gold buying business. This business model involves purchasing gold jewelry and raw gold from the public and selling it later for a profit. In addition to retail space, you will need the following equipment, A professional jewelry scale. A gold testing kit.
How To Start Gold Business In Uganda?
Disclaimer
Obtain mineral trading license (1)expand_moreexpand_less.
Obtain export Permit (1)expand_moreexpand_less.
Obtain a movement permit (2)expand_moreexpand_less.
Obtain user rights for the mining cadastre portal (2)expand_moreexpand_less.
Obtain Certificate of analysis for minerals (2)expand_moreexpand_less.
Which Region In Uganda Is Richest In Gold?
Most of the deposits were discovered in Karamoja, a parched sprawling area in the country’s northeastern corner on the border with Kenya. Large reserves were also found in eastern, central and western areas of the East African country.
What Is The Price Of Gold In Uganda?
Large reserves were also found in the country’s eastern, central, and western regions. According to the Ugandan government, the value of 31 million tonnes of gold ore stands at UGX 49237.14 trillion.
How Do I Get A Mineral Dealers Licence In Uganda?
Proof of incorporation (Certified copies of the certificate of incorporation/ registration and Memorandum and articles of association). – Uganda Registration Services Bureau. Bank statement.
Individual
Valid identification e.g Passport, Voter’s card, Driving Permit, National ID.
Bank statement.
Executed Form XIV.
What Documents Do I Need To Export Gold In Uganda?
The gold to be exported will be accompanied with the following documents;
Packing list (Assay invoice)
Proforma invoice which will indicate. Purity (i.e. Gold content) Quantity of gold in ounces and Kilograms.
Who Owns The Gold Mines In Uganda?
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 Busia district. The company embarked on the construction of its gold refinery valued at UGX 757494.40 Million in phases in the distric.
What Company Found Gold In Uganda?
Making it commercially viable: The Ugandan government has already licensed the Chinese firm Wagagai Gold Mining Company to start production in the Busia district in eastern Uganda. The company recently obtained a gold production licence in March this year and has a 21-year lease to mine gold in the country.
Where Can You Mine Gold In Uganda?
The majority of ore deposits were discovered in the northeastern region of Karamoja, with large reserves having also been found in the eastern, central and western areas of Uganda.