Uranium Exploration & Mining
Project Details
Project Name: Uranium
Implementing Agency: Uganda National Mining Company (UNMC)
Product: Uranium
Mineral Resource Estimate
Butare, Kabale 90-98% Heametite 500 MT
Project Cost Estimate:
USD 450 million
Project Description
Uranium occurrences are widely spread; particularly in the Karagwe- Ankole Belt, Buganda-Toro System, and Buhweju Plateau, with recorded mineralization in areas such as Buhweju, Kiboga, Masindi, and Arua.
The project includes exploration, delineation, and potential development of uranium-bearing resources. This will support the development of nuclear energy and the diversification of Uganda’s energy mix, responding to growing industrialisation and power-demand trends.
Proposed financing mode:
JV
Nature of Project:
Greenfield
