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Uganda discovers gold deposits worth 12 trillion USD

Uganda discovers 31 million metric tons of refined gold waiting to be mined in the country after several surveys were conducted

Miningreview.com

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. […]

Refining gold locally could enhance job creation, and improve social service delivery to those living close to where the mineral is extracted. Ugandan President Yoweri Museveni has called for the local refinement of the the commodity, calling any external refinery criminal. “It is criminal for anybody to argue for the continued exports of raw materials in Africa, when there is 90% more value in that product that you are giving to the outsiders” he said.

30 Jun 22

a week later america suddenly has an interest in “bringing democracy” to uganda mark my words.