UGANDA’S MINERAL POTENTIAL – THE UNEXPLORED COUNTRY

GEOLOGY AND MINERAL OCCURENCES OF UGANDA... GEOLOGICAL POTENTIAL* SOME GEOINFORMATION AVAILABLE * FAVOURABLE GEOLOGICAL SETTING * METASEDIMENTS, INTRUSIVES AND MAJOR STRUCTURES SUCH AS

UGANDA’S MINERAL POTENTIAL –

THE UNEXPLORED COUNTRY

JOSHUA T TUHUMWIRE

COMMISSIONER DEPARTMENT OF GEOLOGICAL SURVEY AND MINES Mines & Money Conference, London – 2008

Email: joshua.tuhumwire@minerals.go.ug

LOCATION

GEOLOGY AND MINERAL OCCURENCES OF UGANDA

GEOLOGICAL POTENTIAL

* SOME GEOINFORMATION AVAILABLE

* FAVOURABLE GEOLOGICAL SETTING

* METASEDIMENTS, INTRUSIVES AND

MAJOR STRUCTURES SUCH AS RIFTING & SHEARS

* GEOLOGY DOMINATED BY PRECAMBRIAN ROCKS

* AIRBORNE GEOPHYSICAL DATA COVERING NEARLY 80% OF COUNTRY

GEOLOGICAL POTENTIAL cont’d

* VARIETY OF MINERALS: PRECIOUS,

PRECIOUS & INDUSTRIAL

* GOLD, COPPER, COBALT, NICKEL, ZINC, LEAD,

TIN, BERYLLIUM, COL-TAN, PGM, BISMUTH,

LITHIUM

* LIMESTONE, MARBLE, PHOSPHATE, VERMICULITE

& SILICA SAND

* NUMEROUS OLD AND CURRENT ARTISANAL

WORKINGS

* POTENTIAL FOR WORLD-CLASS DISCOVERIES

MAJOR GOLD TRENDS

UGANDA AT THE

CROSSROADS

NEIGHBOURING GOLD DEPOSITS

Golden Pride Tanzania 1 M oz

Golden Ridge Tanzania 1.6

Bulyanhulu Tanzania 16

Geita Tanzania 11

Tulawaka Tanzania 2

Kilo – Moto DRC +4

Twangiza DRC +2

37.6 M oz

Predominantly in Lake Victoria Greenstone Belt

STRATEGIES – MINERAL POLICY, 2001

• Mineral Resources Contribute to Development

• Sector Development by Private Participation

• Minimize Social and Environmental Impact

• Develop Local Capacity

• Regularize Artisanal Mining

• Women Participation

• Value Added

STRATEGIES – MINING ACT, 2003

• Ownership Vested in Government

• Various Mineral Rights

• Mineral Agreements with investors

• Separation of Powers in administration

• Royalties payable on gross value

• Royalty Revenues Shared: Government/Local

Government and Landowner

STRATEGIES – MINING ACT cont’d

• Activities to comply with National Environmental

Management Act

• Compensate Landowners for Disturbance

• Settlement of Disputes: Administrative Reviews /

Courts of Law

• Removal of Discretionary Powers

• Arbitration through sole expert

STRATEGIES – MINERAL SECTOR DEVELOPMENT PROGRAMME

• 2004-2011: World Bank/IDA, African Development Bank, Nordic Development Fund, and Government of Uganda

• Geoscience Data

– Airborne Geophysical Surveys: 700,000 line-kms of magnetic, radiometric & EM to be acquired.

– To date approx 558,000 line-kms flown with completion

expected by Feb 09

– Geological Mapping, Geochemical Surveys & Mineral

Resources Assessment commenced in Nov 2008.

– Establishment of Geoscience Databases, Geological & Mineral Information System is in progress.

AfDB IDA

AfDB

AfDB

AfDB

IDA

IDA

Priority areas for airborne geophysical surveys.

Airborne magnetic total field intensity

Airborne total count radiometrics

• Capacity Building – through training and

retooling.

administration.

STRATEGIES – MINERAL SECTOR

DEVELOPMENT PROGRAMME cont’d

• UGANDA HAS EXCELLENT POTENTIAL

• NEW GEOSCIENCE DATA PROVIDE

OPPORTUNITIES

• INVESTOR FRIENDLY POLICIES AND CLIMATE

WARM WELCOME TO VISIT UGANDA BOOTH 331,

THANK YOU