National Mining Company marks one year, eyes 15% stake in projects
Автор: NTVUganda
Загружено: 2026-02-11
Просмотров: 85
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The National Mining Company is marking one year since its operationalization. Established to safeguard government interests in Uganda’s mineral sector, the company is entitled to a 15% stake in medium- and large-scale mining projects, although discussions continue on acquiring shares in existing ventures. In its first phase, more than 10 critical minerals, including gold, iron ore, copper, and tin, have been identified. However, limited exploration and quantification remain obstacles to attracting investors. NTV Tonight spoke with Dr. Gerald Banaga, the company’s CEO, to reflect on the journey so far. Collins Muhwezi reports
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