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UGANDA’S MINERAL POTENTIAL – THE UNEXPLORED COUNTRY. JOSHUA T. TUHUMWIRE COMMISSIONER DEPARTMENT OF GEOLOGICAL SURVEY AND MINES Mines & Money Conference, London – 2008 Email: joshua.tuhumwire@minerals.go.ug. LOCATION. GEOLOGY AND MINERAL OCCURENCES OF UGANDA. GEOLOGICAL POTENTIAL.
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UGANDA’S MINERAL POTENTIAL – THE UNEXPLORED COUNTRY JOSHUA T. TUHUMWIRE COMMISSIONER DEPARTMENT OF GEOLOGICAL SURVEY AND MINES Mines & Money Conference, London – 2008 Email: joshua.tuhumwire@minerals.go.ug
GEOLOGICAL POTENTIAL * SOME GEOINFORMATION AVAILABLE * FAVOURABLE GEOLOGICAL SETTING * METASEDIMENTS, INTRUSIVES AND MAJOR STRUCTURES SUCH AS RIFTING & SHEARS * GEOLOGY DOMINATED BY PRECAMBRIAN ROCKS * AIRBORNE GEOPHYSICAL DATA COVERING NEARLY 80% OF COUNTRY
GEOLOGICAL POTENTIAL cont’d * VARIETY OF MINERALS: PRECIOUS, NON- PRECIOUS & INDUSTRIAL * GOLD, COPPER, COBALT, NICKEL, ZINC, LEAD, TIN, BERYLLIUM, COL-TAN, PGM, BISMUTH, LITHIUM * LIMESTONE, MARBLE, PHOSPHATE, VERMICULITE & SILICA SAND * NUMEROUS OLD AND CURRENT ARTISANAL WORKINGS * POTENTIAL FOR WORLD-CLASS DISCOVERIES
MAJOR GOLD TRENDS UGANDA AT THE CROSSROADS
NEIGHBOURING GOLD DEPOSITS Golden Pride Tanzania 1 M oz Golden Ridge Tanzania 1.6 Bulyanhulu Tanzania 16 Geita Tanzania 11 Tulawaka Tanzania 2 Kilo – Moto DRC +4 Twangiza DRC +2 37.6 M oz Predominantly in Lake Victoria Greenstone Belt
STRATEGIES – MINERAL POLICY, 2001 • Mineral Resources Contribute to Development • Sector Development by Private Participation • Minimize Social and Environmental Impact • Develop Local Capacity • Regularize Artisanal Mining • Women Participation • Value Added
STRATEGIES – MINING ACT, 2003 • Ownership Vested in Government • Various Mineral Rights • Mineral Agreements with investors • Separation of Powers in administration • Royalties payable on gross value • Royalty Revenues Shared: Government/Local Government and Landowner
STRATEGIES – MINING ACT cont’d • Activities to comply with National Environmental Management Act • Compensate Landowners for Disturbance • Settlement of Disputes: Administrative Reviews / Courts of Law • Removal of Discretionary Powers • Arbitration through sole expert
STRATEGIES – MINERAL SECTOR DEVELOPMENT PROGRAMME • 2004-2011: World Bank/IDA, African Development Bank, Nordic Development Fund, and Government of Uganda • Geoscience Data • Airborne Geophysical Surveys: 700,000 line-kms of magnetic, radiometric & EM to be acquired. • To date approx. 558,000 line-kms flown with completion expected by Feb 09 • Geological Mapping, Geochemical Surveys & Mineral Resources Assessment commenced in Nov 2008. • Establishment of Geoscience Databases, Geological & Mineral Information System is in progress.
Priority areas for airborne geophysical surveys. IDA AfDB AfDB IDA AfDB AfDB IDA
STRATEGIES – MINERAL SECTOR DEVELOPMENT PROGRAMME cont’d • Capacity Building – through training and retooling. • Transparency in Mineral Titles administration. • Physical infrastructure development. • Investment Promotion
CONCLUSIONS • UGANDA HAS EXCELLENT POTENTIAL • NEW GEOSCIENCE DATA PROVIDE OPPORTUNITIES • INVESTOR FRIENDLY POLICIES AND CLIMATE WARM WELCOME TO VISIT UGANDA BOOTH 331, AT THE MINES & MONEY CONFERENCE