Gold mine for sale in Uganda
It is possible to own a gold mine in Uganda.
We will help you find the gold mine in the country.
If you are looking for a future investment in this wonderful sector, you can simply own a mine.
Why keep searching for fish yet you can buy a lake?
It is surely possible to own a mine.
Buy a gold mine
There are many regions in Uganda which are known to have great gold deposits.
There are areas such as Masindi, Busia, Buhweju, Karamoja and many others. You will surely have a great experience.
The process starts from knowing your plans and then adhering to the different laws and regulations in the country.
The gold sector is regulated by the Ministry of Energy and mineral development.
This is a government body which is regulates the mining sector.
You must register with the Mining cadastre and registry system (MCRS)
There are a number of licenses which are necessary such as the:
Prospecting License (PL): This is used for a general search for minerals across the country.
It is non-exclusive and lasts one year.
Exploration license (EL): this is an exclusive license for the exploration of minerals throughout the country. It is granted for up to 4 years.
Small-scale mining license (SML): This is granted for higher capital investment other than the artisanal mining.
It is specifically for Ugandans.
Medium-Scale mining License (MML) and Large-scale mining license (LML): These licenses are for large scale investments and they stricter restrictions.
The application process:
To obtain a license, you must submit a formal process which involves:
Registration: You must be registered with MCRS.
Proof of financial capacity: You must show that you are capable of investing money.
Depending on the licence, you might need serious investment.
Technical capacity:
You must have geologists and mining engineers who are capable of handling the technical aspect of mining.
Work program and budget: you must show how you are going to execute the program that is budget for explorations and mining.
Environmental and social Impact Assessment (ESIA):
You must get an environmental and social impact assessment from National Environmental Management Authority (NEMA). This assesses the impact of your operations on the environment and the community.
Surface Rights:
You must provide proof that you have secured the surface rights from the registered or customary owners of the land you intend to mine.
Buy a gold mine in Uganda with us.
We will help you have the best experience.