By agency reports
Uganda has uncovered over 31 million metric tonnes of gold ore, with more than 320,000 tonnes of refined gold waiting to be extracted.
The development is one of the most staggering contemporary mineral discoveries, a case of long unknown treasure hidden beneath Uganda’s soil for centuries.
The gold bonanza estimated to be worth over 12 trillion dollars could elevate Uganda into the elite league of global gold producers.
If managed effectively, it could revolutionize the country’s economy, drive massive foreign investment, and disrupt the balance of international gold markets.
With the right infrastructure, partnerships, and sustainable practices, Uganda’s mining industry may usher in a new era of prosperity and geopolitical influence.
Economic and development experts are of the view that this amazing discovery may just be the beginning of Uganda’s golden age.
