Mining

February 28, 2023

Blencowe Sends Graphite Samples To China For Testing

DEI – Blencowe Resources, which is carrying out exploration in Kitgum, northern Uganda, has sent its first consignment of graphite ore from its Orom Cross project to China for further testing as it draws plans to start commercial production of one of the most-sought after minerals in the global batt…

Deep Earth Admin

3 min read

February 25, 2023

How Uganda Gold Dealers, Government Locked Horns Over New Tax

DEI – Uganda has introduced new financial regulations for its precious metals industry, slapping a tax levy of $200 per kilogram of refined gold exported out of the country, and a 5 per cent tax rate on every kilo of unprocessed gold. The new levy represents government’s most aggressive pursuit of r…

Deep Earth Admin

5 min read

January 25, 2023

Blencowe Hires Top Firm To Draft Financial Plan For Orom Cross

By Jeff Mbanga Blencowe Resources has hired a firm – CPC Engineering – to draw up designs for a plant at its Orom Cross graphite plant, the UK company announced. Blencowe, which has undertaken a number of studies at the project, which is located in Kitgum district, says CPC has immense experience fr…

Deep Earth Admin

2 min read

October 13, 2022

Uganda’s President Museveni Assents To New Mining Law

Uganda’s President Yoweri Museveni has assented to the Mining and Minerals Act 2022, eight months after it was passed by the Parliament. The new law will become effective on publication in the Uganda Gazette. The amendment to the Mining Act 2002 was intended to “provide a robust, predictable and tra…

Deep Earth Admin

3 min read

October 10, 2022

Blencowe Drops Sipa Bid, To Focus On Graphite Project

UK firm Blencowe Resources Limited has dropped its bid to take over Sipa Resources Limited’s nickel-copper project in Kitgum district. Blencowe, which had started the process of buying into Sipa’s Akelikon­go nickel-copper project in February 2022, explained that its decision was informed by the mas…

Deep Earth Admin

2 min read

October 10, 2022

INTERVIEW: Uganda Ready To Play In Global Rare Earths Market

Ionic Rare Earths Limited (IonicRE), a majority shareholder in Ugandan company Rwenzori Rare Metals (RRM) Limited, is focused on developing a new supply chain of magnet and heavy rare earths, including the life cycle ownership of rare earths through magnet recycling. IonicRE is developing its flagsh…

Deep Earth Admin

10 min read

August 28, 2022

Four Chinese Firms Shortlisted For Kilembe Copper Mines

Four out of the seven companies that have emerged as the best evaluated bidders for the redevelopment of Kilembe copper mines come from China. These are China Railway No. 10, Gingko Energy, Liaoning Hongda (trading as Wagagai Mining) and Sinomine Power China. Another company that made the shortlist …

Deep Earth Admin

4 min read

August 16, 2022

IonicRE: Uganda to start mining REEs in 2024

DEI – Uganda will start mining rare earth elements (REEs) in 2024, Tim Harrison, the IonicRE Managing Director has said in a wide-ranging interview with www.deepearthint.com. IonicRE (Ionic Rare Earths) from Australia is a 51 per cent shareholder in Rwenzori Rare Metals (RRMs) which is developing th…

Deep Earth Admin

3 min read

June 24, 2022

Kitgum Graphite Production Set For 2023 As Blencowe Share Price Jumps

Blencowe Resources jumped 5 per cent to 3.4p on the London Stock Exchange on June 23, 2022 following the excellent progress the company made at its Orom-Cross graphite project in Kitgum, northern Uganda earlier this month. At the start of June, Blencowe Resources announced that recent area studies o…

Deep Earth Admin

3 min read

May 20, 2022

Uganda Has Not Stopped IonicRE’s REE Project 

Uganda has not halted the operations of Rwenzori Rare Metals Ltd – the partners of Ionic Rare Earths (IonicRE) – as reported on the Parliament of Uganda website recently. The website quoted Prime Minister, Robinah Nabbanja as saying that the activities of Rwenzori Rare Metals Ltd, which is exploring…

Deep Earth Admin

2 min read

May 14, 2022

Interest Subdued As Kilembe Copper Mine Bid Submissions Close

The government of Uganda is going through the bids that were submitted for the concession to take over the Kilembe Mines, as the country looks to revamp the production of copper and cobalt. Uganda closed its call for bids on May 10, with sources telling us that 14 companies showed interest in the Ki…

Deep Earth Admin

5 min read

March 24, 2022

Geologists’ Killing Sets Back Karamoja Mining Industry

Uganda’s Ministry of Energy and Mineral Development has confirmed the unfortunate deaths of five people, including a senior geologist, at the hands of armed cattle rustlers in Moroto, Karamoja. According to a ministry statement, Richard Kiggwe, a geologist working with the Directorate of Geological …

Deep Earth Admin

2 min read