Gold Model Mining project (Partnership with ASM)

Project Details

Project Name: Gold Model Mining project (Partnership with ASM)
Location: Kajjani & Nyakazooba Buhweju District
Implementing Agency: Uganda National Mining Company
Product: Gold

Mineral Resource Estimate

over 1 million ounces

Project Cost Estimate:

USD 2.5 million

Project Description

The project aims to formalize and improve artisanal and small-scale gold mining (ASM) activities in Buhweju District by introducing a centralized, environmentally responsible processing facility, technical assistance, and community-support interventions. The facility will increase recovery rates and value-addition, reduce mercury use and environmental harm, build linkages to formal markets and off takers.

Proposed financing mode:

JV

Nature of Project:

Greenfield