The Directorate of Geological Survey and Mines (DGSM) has opened a Regional Office for the Karamoja Region, a move aimed at bringing geological and mining services closer to the people of Karamoja Region.
Based in Natumkathikou within Moroto town, the office will serve the other districts of Karamoja namely Amudat, Abim, Kabong, Nakapiripirit, Napak and Kotido. Its constructio... Read more
Mining giant Rio Tinto (ASX: RIO) has announced it will farm into Sipa Resources’ (ASX: SRI) Kitgum-Pader base metals project in northern Uganda.
Rio will serve up US$57 million (A$75 million) in exploration funding and US$2 million in cash payments over up to 11 years as it takes a stake of up to 75% in Kitgum-Pader.
The cash component of the joint venture deal will be... Read more
Historically, mining is known to overide other existent econmic activities wherever minerals are discovered. Amudat District which is located in Karamoja region in Uganda with pastoralism as the main economic activity has in the recent past seen an increase in the number of liscence applications and mining activities in the district.
The Pokot however have ... Read more
The Zambia Revenue (ZRA) has started the process of comprehensively auditing mining companies in all applicable tax types.
Last year, the amnesty on interest and penalties was announced to allow tax payers to clean up their tax accounts. Those with issues were expected to engage ZRA and have a waiver on interest and penalties. A post amnesty revie... Read more