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Mining industry of Uganda information


Kilembe Mines in southwest Uganda

The mining industry of Uganda, documented as early as the 1920s, witnessed a boom in the 1950s with a record 30 percent of the country's exports. It received a further boost when mining revenues increased by 48 percent between 1995 and 1997.[1] However, the World Bank reported that the sector's contribution to gross domestic product (GDP) dropped from 6 percent during the 1970s to below 0.5 percent in 2010.[2] Uganda's extractive industry activities have been identified by the Natural Resource Governance Institute as focused on "extraction of cobalt, gold, copper, iron ore, tungsten, steel, tin and other industrial products such as cement, diamonds, salt and vermiculite".[3] Limestone is sold in local markets whereas gold, tin, and tungsten are major exports.[4]

  1. ^ "Mining in Uganda- Overview". mbendi.com. Retrieved 15 June 2015.
  2. ^ Cite error: The named reference worldbank was invoked but never defined (see the help page).
  3. ^ "Uganda:Extractive Industries". www.resourcegovernance.org. Retrieved 11 June 2015.
  4. ^ Uganda Business Law Handbook 2012, p. 140.

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