Uganda Establishes State-Owned Firm to Manage Mining Stakes: A Call for Oversight and Transparency
Uganda has taken a significant step in its mining sector by establishing a state-owned mining company to manage the government’s equity stakes in mining operations. This initiative, announced by Ruth Nankabirwa, the country’s Minister for Energy and Mineral Development, is part of a broader strategy to increase Uganda’s share of the profits generated from its […]
Overview of Mozambique’s Ruby Mining Landscape
Since the discovery of rich ruby deposits in Cabo Delgado in 2009, Mozambique has grown to become a crucial supplier in the global gemstone market, responsible for around 50% of the world’s ruby supply. The Montepuez district, in particular, is a key area for ruby extraction due to its relatively shallow deposits, which simplify mining […]