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Cabinet has approved a resolution to redevelop the Kilembe Mines in Kasese western Uganda, which are estimated to contain 4 million tonnes of ore.
This was revealed by the Government’s Spokesperson Ofono Opondo on Tuesday 02/04/2019 in a statement he issued about cabinet’s decision taken during a seating on 01/04/2019.
According to the statement, Cabinet has approved the redevelopment of Kilembe Mines with objectives to rehabilitate the assets and resuscitation of Kilembe miningoperations so as to contribute to the general economic development of the Kilembe /Kasese area and undertake further mineral exploration to add to the known reserve base, thereby enhancing the viability of mining operations.
Kilembe was once a major producer of copper and cobalt before it was abandoned by Canadian firm Falconbridge in the 1970s when Uganda’s economy stagnated under the erratic leadership of dictator Idi Amin Dada.
According to Uganda’s Department of Geological Survey and Mines,the ore in Kilembe mine is estimated to be 1.98 percent pure copper and 0.17 percent cobalt.
The document further reveals that there will be an immediate exploration of the ascertained mineral ore reserves and resources attract Private Sector Capital, Management , and technical expertise , with a commitment to install efficient and modern technology to maximize the future Kilembe Mines Limited operating results.
When contacted, Evelyn Anite, the state minister for investment and privatization More than 20 companies have expressed interest in the tender.
Opondo says the revamping of mining activities at Kilembe will Create employment opportunities for Ugandans and enhance community development and Local empowerment
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