• Home
  • About
  • Join Us
  • Contact
93.3 KFM
  • Home
  • HotSeat
  • News
    • Business
    • Health
    • Sports
    • Lifestyle
  • Events
  • Contact Us
  • Promotions
  • Presenters
  • PHOTO GALLERY
No Result
View All Result
  • Home
  • HotSeat
  • News
    • Business
    • Health
    • Sports
    • Lifestyle
  • Events
  • Contact Us
  • Promotions
  • Presenters
  • PHOTO GALLERY
Subscribe
No Result
View All Result
93.3 KFM
No Result
View All Result
Home News

Gov’t moves to restore Kilembe mines

Noelyn Nassuuna by Noelyn Nassuuna
April 12, 2022
in News
0
Gov’t moves to restore Kilembe mines
193
VIEWS
Share on WhatsAppShare on FacebookShare on Twitter

By Ritah Kemigisa

The government through the finance and energy mineral development ministries and management of Kilembe mines limited have commenced the redevelopment of Kilembe Mines.

Related articles

URSB tipped on supporting struggling businesses

South Africa braces for Kenya-like opposition protests

For thirty years, the largest copper mines with an estimated 18,000 tonnes of copper have been dormant.

The extraction of copper ceased in 1982 due to the degenerated smelter in Jinja, the general collapse of mineral commodity prices, high inflation, and dilapidated equipment among others.

In 2020, floods destroyed infrastructure at the mines including a tailings dam, and Mobuku 1 hydropower plant   among others.

However, in a joint statement by the energy minister Ruth Nankabirwa and the privatisation and investment minister Evelyn Anite, the UPDF Engineering brigade is on the ground to carry out restoration works.

The two ministers say Kilembe mines have unmatched potential and their redevelopment will boost industrialisation, offer employment opportunities and increase revenue.

They add that they have now invited companies to express interest to partner with the government through a mineral production sharing agreement.

“This restoration of the mines to an attractive state and the process of procuring an investor is a significant step to achieve the presidential directive to the cabinet to get investors to refine our copper for cables, transformers and aluminium industries as well as military.”

Noelyn Nassuuna

Noelyn Nassuuna

Related Posts

URSB tipped on supporting struggling businesses

URSB tipped on supporting struggling businesses

by admin
March 20, 2023
0

By Babra Anyait While giving opening remarks at the two-day training workshop of judicial officers on insolvency law held at Mestil hotel in Kampala, the chairperson...

South Africa braces for Kenya-like opposition protests

South Africa braces for Kenya-like opposition protests

by admin
March 20, 2023
0

By Nation Africa South Africa was on Monday bracing for a power showdown between authorities determined to stop feared widespread looting and destruction, and protesters adhering...

Kenya police out in force for opposition protests

Kenya police out in force for opposition protests

by admin
March 20, 2023
0

By AFP Kenyan riot police were out in force Monday for a day of action called by the opposition to protest the country's cost of living...

Two men die in fight over primary seven girl

24-year-old man lynched for killing grandfather

by admin
March 20, 2023
0

By Yahudu Kitunzi A 24-year-old resident of Luma Village, Bunanimi Parish in Busoba Sub County, Mbale District was Sunday evening lynched by a mob after he allegedly killed his grandfather. Lauben Wamimbi, reportedly hacked his...

Three arrested over power line vandalism in Lira

Three arrested over power line vandalism in Lira

by Charity Akullo
March 20, 2023
0

Three people have been arrested for allegedly stealing and vandalizing electrical wires worth Shs90 billion in Lira City. Authorities have identified the three suspects as; Ahmed...

Next Post
US launches $12.8M project to support CSO’s activities in Uganda

US ambassador to support reading culture among children

Court dismisses petition against Jinja district council speaker

UPDF soldiers on the spot over Katabi land grabbing allegations  

Anglican Church seeks shs 600M to organize Martyrs Day Celebrations

Anglican Church seeks shs 600M to organize Martyrs Day Celebrations

CATEGORIES

  • Business
  • Entertainment News
  • Health
  • HotSeat
  • Lifestyle
  • National News
  • News
  • PHOTO GALLERY
  • Sports
  • World News
URSB tipped on supporting struggling businesses

URSB tipped on supporting struggling businesses

March 20, 2023
South Africa braces for Kenya-like opposition protests

South Africa braces for Kenya-like opposition protests

March 20, 2023
Kenya police out in force for opposition protests

Kenya police out in force for opposition protests

March 20, 2023
93.3 KFM

Kampala's #NumberOne radio station for better information and the best music ! KFM is a subsidiary of Nation Media Group;
@NationMediaGrp

© 2022

No Result
View All Result
  • Home
  • HotSeat
  • News
    • Business
    • Health
    • Sports
    • Lifestyle
  • Events
  • Contact Us
  • Promotions
  • Presenters

© 2022