{{Uganda government has been urged to engage investors in the mineral sector in order to uplift the country’s mining potential. }}
Uganda has a number of minerals, however; little has been done to fully exploit the country’s potential.
Speaking at a media briefing to announce the upcoming Mineral Wealth Conference scheduled for between October 1 and 2, in Kampala, Mr Elly Karuhanga, the chairman Uganda Chamber of Mines and Petroleum, said Uganda needs to promote the available investment opportunities in the mining and petroleum sectors.
This, he said, would attract local and foreign investors in the sector.
The conference, which is expected to run under the theme: ‘Investing in Uganda’s Flourishing Mining Industry’, will relay available mining opportunities in Uganda, identify gaps and devise means of narrowing such gaps.
Uganda’s mining sector has been boosted with the recent discovery of oil deposits in western and North West parts of Uganda including Hoima among other areas.
The government also focused on reviving the Kilembe Copper Mines in Kasese, after it recently handed a Chinese firm with a 25 year concession.
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