The African country of Uganda is in the limelight again, and this time it is literally shining gold. The country has recently announced the discovery of a deposit of 31 million tonnes of gold ore, with extractable pure gold estimated to gross 320,000 tonnes.
Over the last two years, aerial exploration was done across the country, followed by geophysical and geochemical surveys and analyses, Solomon Muyita, spokesperson for the Ministry of Energy and Mineral Development, told Reuters. The government has expressed its intention to attract big investors to develop the Sector hitherto dominated by small wildcat miners.