Uganda announced the discovery of 31 million tons of gold | Bicentennial Radio – FM 103.3 Live

Uganda announced the discovery of 31 million tons of gold |  Bicentennial Radio – FM 103.3 Live

The An exceptional discovery of gold mines in Uganda, estimated at 31 million tonswhich is going to be To be able to extract 320,000 in the first stage, it was not yet worth a single article in the mainstream media of the Western world.

Neither the Washington Post nor the New York Times, None of the agencies, the media, or the Europeans, except for Reuters, have written a single line about what could constitute the massive find of pure gold. The most important in human history.

Although the information had already been transmitted in early June in Uganda through Solomon Mweta, The Minister of Raw Materials and Energy Development of the East African country had no echo in the mainstream media And international news agencies, except for the Reuters agency mentioned above.

Instead, it was talked about of hunger among the children of that region in the northwest of the country, And the facts Acts of vandalism have occurred in recent days in an area called Karamoja Where these newly discovered reserves are located.

The Explorations have been carried out across the country over the past two years. According to Moita, aerial reconnaissance was also used Such as geophysical and geochemical investigations. So the largest deposits were discovered in a large dry area in the northeast of the country called Karamoja, On the border with Kenya.

But gold was also found in the eastern, central and western regions. According to MoitaChina’s Wagagai has set up a mine in eastern Uganda, and production is expected to start this year. The company invested $200 million to achieve this goal.

The Ugandan government under President Yoweri Museveni has recently focused its efforts on increasing investment in mining.

This company will have a stake 15% mandatory from the state of Uganda on every mining operation in the country. Private investors will have to agree to a production sharing agreement with the government.

Ugandan government plan to strengthen Extracting 5000 kg of gold per day. This will be significantly high production because it is expected one year in advance, Produces 1825 tonswhich corresponds to about 51% of Recorded global mining production in 2021.

To measure the amount detected, it must be taken into account She notes that at the end of 2021, the global amount of gold mined in the history of mankind reached 205 thousand tons, compared to a potential 320 thousand found only in this African country.

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