List Of Gold Refineries In Uganda

List Of Gold Refineries In Uganda

A gold refinery is the place where gold is separated from other metals or residues. In other words, it is where it gets refined. These companies generally work with scrap precious metals, and they recycle them through the process of refining, separating them into their pure forms, and repurposing them.

Here are the List Of Gold Refineries In Uganda

Uganda now has six gold refineries handling deposits from within and other neighbouring countries.

Gold Refinery Uganda (ILOTA MINING)

Address: plot 23, Ggaba Road, Kampala, Uganda

Phone: +256 704 297677

African Gold Refinery.

Address: 2FP3+688, Kampala Road, Entebbe, Uganda

Phone: +256 39 2174806

gold refinery uganda (AURNISH TRADING LTD)

Address: ware house no.1B Ntinda industry area,plot no.m 466 kampala, uganda, Kampala, Uganda

Phone: +256 708 697575

Simba Gold Refinery Ltd.

Bullion Gold Refinery.

How many gold refineries are there in Uganda?

six gold refineries

Uganda now has six gold refineries handling deposits from within and other neighbouring countries.

How much gold does Uganda Export?

Exports In 2020, Uganda exported $3.47B in Gold, making it the 28th largest exporter of Gold in the world.

How much is Uganda gold?

Todays Gold Rate in Uganda in US Dollars

Qty24Ct Gold Rate22Ct Gold Rate
1 GramUSD 61.45USD 56.33
1 TolaUSD 716.74USD 657.01
8 GramsUSD 491.60USD 450.63
10 GramsUSD 614.50USD 563.29

The minister said this while opening the 10th virtual Annual Mineral Wealth Conference organised by the Uganda Chamber of Mines and Petroleum together with the Ministry of Energy and Mineral Development.

According to the National Development Plan III Uganda is seeking to increase its volume of refined gold exports from $450m (sh1.6trillion) to $787m (sh2.8trillion). Most of Uganda’s and Africa’s gold have been historically exported in raw form bringing in little or no value to the continent.

She said there was a groundbreaking ceremony for Wagagai Ltd, a gold mining company in Busia District. “I congratulate Wagagai. It is a magnificent arrangement. I hope we get many mines that are organised,” Nankabirwa said.

She said that Government wants to see that Ugandans enjoy local content policies. Nankabirwa addressed the conference from Dubai. She is attending the Dubai Expo 2021. She noted the key role of the private sector in the mining sector.

“We will make sure the environment is conducive for the private sector. The legal framework will enable the private sector operate. We will invite the private sector make contributions and ensure that they are comfortable with the laws made,” Nankabirwa said.

She urged all the players in the sector to work closely with the ministry. She said that artisanal miners at Kasanda and Mubende districts will be organised. “The artisanal miners have to be organized so that Government and the miners all get value from the minerals.”

She said artisanal miners in Buhweju District have been organised. She noted that on the 19th October 2021, a meeting is set for miners in Mubende.

She said that an online mineral licensing system is in place. She added that a certification system is being put in place to curb illicit mineral trade in the Great Lakes Region.

She stressed that said research capacity; training and laboratories are being developed to improve the sector.

Eng. Irene Batebe the permanent secretary at the ministry of energy and mineral development said that it is not enough to list the minerals but Uganda must put them into usage.

“As the world moves into electric vehicles we need to know which minerals we can harness. We are blessed with minerals but we should ensure the minerals are transforming the country, befitting the country and the investors,” Batebe said.

Globally 2.6m electric vehicles have been sold. Rare earth minerals found in Uganda are used in making car electric batteries.

Batebe said the Mining Act 2003 is under review and a new bill, the Mining and Minerals Bill 2021 has been approved by Cabinet.

The bill seeks to provide a robust legal regime, promote value addition, competitive licensing, and a new model production sharing agreement.

She said mining data for 80% of mining potential of Uganda has been acquired while efforts are being made to complete for the remaining and 20%.

She noted that the 20% data acquisition is ongoing in the Moroto Kadam, Karamkoja area to acquire geophysical, geological data to provide relevant information for mining investors.

Batebe mentioned that 18 mineral potential targets in various parts of the country have been selected for investors to partake in.

She noted that there are few industries that use available industries. On mineral licensing, she said that they are streamlining the mineral licensing process. “The rudimentary mining methods and informality of the sector is being addressed.”