Uganda [allegedly] discovers gold deposits worth 12 trillion USD

[LazyLion]

And the fun continues.....

Uganda Discovers Rare Minerals Worth $1 Trillion, One Month After Discovering Gold Worth $12.8 Trillion | I Love Africa

Uganda has discovered $1 trillion worth of rare minerals, a month after discovering 31 million tonnes of gold deposits worth $12.8 trillion.

iloveafrica.com

Uganda has discovered $1 trillion worth of rare minerals, a month after discovering 31 million tonnes of gold deposits worth $12.8 trillion.


These rare earth minerals discovered at the Busoga area of Uganda, include dysprosium cerium, erbium, europlum, gadolinium, holmium, and lanthanum.


According to the Minister of State for Energy, Mr. Sidronius Opolot, the discovered deposits are among the largest in the world.


Southern China is currently the largest producer of some of the said minerals with Uganda expected to reach a viable spot on the list of producers soon.



According to local reports, the minerals are said to be worth more than the country’s return from Crude oil, a billion-dollar revenue maker for the East African nation.

 

[ForceFate]

Uganda orders Rwenzori Rare Metals to halt mining

The government of Uganda has ordered Rwenzori Rare Metals Limited to halt mining activities rare earth minerals in Uganda.

www.fmdrc-zambia.com

 

[TelkomUseless]

And the fun continues.....

Uganda Discovers Rare Minerals Worth $1 Trillion, One Month After Discovering Gold Worth $12.8 Trillion | I Love Africa

Uganda has discovered $1 trillion worth of rare minerals, a month after discovering 31 million tonnes of gold deposits worth $12.8 trillion.

iloveafrica.com

View attachment 1349792

To boost the country’s economy, the Ugandan government has licensed gold mining company Wagagai, a Chinese company, to start producing gold products in Busia district.

Chinese smiling all the way...

 

[Cosmik Debris]

Whatever happened to that gold discovery near Harding in KZN in 2018? Our memories are short;-

"Gold diggers" from the rural village of KwaMachi in Harding, in the far south of KwaZulu-Natal, are spending nights and days at a local site where "gold" has been discovered.

Armed with axes, pickaxes and shovels, men and women with babies on their backs - from the village under the Umuziwabantu local municipality - have turned into gold traders, as businesspeople from outside the village come in their numbers to buy "gold" in the area.

Umuziwabantu Mayor Dixie Nciki told News24 on Tuesday that about 5 000 people had gathered at the site on Monday night.

'Gold' rush hits tiny KZN village | News24

'Gold diggers' from the rural village of KwaMachi in Harding, in the far south of KwaZulu-Natal, are spending nights and days at a local site where 'gold' has been discovered.

www.news24.com

 

[Cosmik Debris]

Chinese smiling all the way...

I've seen it happening all over Africa. And they will not listen to warnings about the new colonisers. They are going to wish for the old colonisers to come back but that memory will have been erased by painting the old colonisers as many things.

 

[ToxicBunny]

Whatever happened to that gold discovery near Harding in KZN in 2018? Our memories are short;-

"Gold diggers" from the rural village of KwaMachi in Harding, in the far south of KwaZulu-Natal, are spending nights and days at a local site where "gold" has been discovered.

Armed with axes, pickaxes and shovels, men and women with babies on their backs - from the village under the Umuziwabantu local municipality - have turned into gold traders, as businesspeople from outside the village come in their numbers to buy "gold" in the area.

Umuziwabantu Mayor Dixie Nciki told News24 on Tuesday that about 5 000 people had gathered at the site on Monday night.

'Gold' rush hits tiny KZN village | News24

'Gold diggers' from the rural village of KwaMachi in Harding, in the far south of KwaZulu-Natal, are spending nights and days at a local site where 'gold' has been discovered.

www.news24.com

It turned out to be hazenile.