By Editorial,
The government has officially handed over the assets of Kilembe Mines Limited in Kasese district to the new developers, Sarai Group Limited and Nile Fireboard Limited.
The two companies will collaborate with the Uganda National Mining Company, a state enterprise responsible for protecting Uganda’s mineral interests, the state Minister of Information, ICT and National Guidance Hon. Godfrey Baluku Kabbyanga has revealed.
The rehabilitation process is estimated to require between US-Dollars 230-250 million.
The handover event, held in Kasese and presided over by the Minister of Energy and Mineral Development, Ruth Nankabirwa on Friday, follows the signing of the first-ever Mineral Production Sharing Agreement with Sarai Group Limited, an Arab investment company, in March this year.
Nankabirwa, emphasized that the revitalization of the mining sector in the area would not only drive Uganda’s industrialization but also generate both skilled and unskilled jobs for Ugandans.
The minister also called on local leaders in Kasese to support the mine’s revival and fight any opposition to the project. Hon. Nankabirwa adds…
She urged people who are illegally occupying Kilembe Mines land to vacate the premises. End.