2012 status of the mineral sector in uganda

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  • 7/28/2019 2012 Status of the Mineral Sector in Uganda

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    STATUS OF MINERAL SECTOR IN UGANDAVincent Kato

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    Department of Geological Surveys

    and Mines MEMD

    Started 1919

    Mapping

    Mineral Exploration

    Geo-Hazards survey

    Licensing & Regulation

    Laboratory analysis

    Maintain and provide

    access to Geosciencesdata and information

    Energy surveys

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    GEOLOGY

    Rocks > Earth

    Minerals > Rocks

    Elements > Minerals

    More than 3,500

    minerals

    Age of the earth 4.5

    billion years Oldest known rock 4

    billion years

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    OLD GEOLOGY MAP

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    Geology

    Karagwe-Ankolean

    Buganda-Toro

    Post orogenic granites

    Carbonatites

    Greenschists

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    Recent Mapping

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    Airborne Geophysical survey

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    Exploration Targets

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    Ground-follow up

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    Geochemical Survey

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    Minerals in Uganda

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    Gold

    Karamoja Field

    Busia-Bugiri

    Mubende Singo

    Buhwezhu Gold Field

    Kabale Gold Field

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    Gold

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    Uranium Prospects

    80 Targets

    13 First

    Priority Areas

    17 Second

    Priority Areas

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    Platinum Group Elements

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    Exploration Targets

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    Diamond Prospect

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    Iron Ore

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    Tin (Cassiterite)

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    Wolfram (Tungsten)

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    Columbite-Tantalite

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    Copper

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    Cobalt

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    Nickel Prospects

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    Others

    Beryl

    Lithium

    Mica

    Graphite

    Gemstones

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    Vermiculite

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    Phosphates

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    Kaolin

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    Dimension Stone

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    Aggregates

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    Marble

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    Diatomite

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    Limestone

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    Limestone

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    Gypsum

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    Salt

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    Silica Sand

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    Clay

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    Bentonite

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    Bentonite

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    Talc

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    Problems

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    Environment

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    TRAINING

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    TRAINING

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    Legislation

    Mineral Policy 2001

    Mining Act

    2003 Mining Regulation

    2004

    Prospecting License

    Exploration Licence

    Location Licence

    Mining Lease

    Retention Licence

    Mineral Dealers

    Licence

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    NON-TAXABLE REVENUE

    3.31

    2.75

    3.96

    8.03

    0.00

    1.00

    2.00

    3.00

    4.00

    5.00

    6.00

    7.00

    8.00

    9.00

    2008 2009 2010 2011_September

    UGX

    Billions

    Total NTR

    Royalty Collected

    Annual NTR Target

    Poly. (Total NTR)

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    Licensing

    2008 2009 2010 2011_September

    Annual Licensing Status 517 515 609 726

    0

    100

    200

    300

    400

    500

    600

    700

    800

    Annual Licensing Status

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    Value of Mineral Production

    2008 2009 2010 2011_September

    Value of Formal Mineral Production 87,357,235,000 97,616,446,000 126,189,619,000 129,731,501,000

    UGX 0.00

    UGX 20.00

    UGX 40.00

    UGX 60.00

    UGX 80.00

    UGX 100.00

    UGX 120.00

    UGX 140.00

    Billions

    Value of Formal Mineral Production

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    Constraints

    Exploration Capital Social acceptance of mining

    Access to a talented workforce and services

    Investment Capital Favourable tax regime

    Fair and streamlined regulations

    Secure land tenure system

    Global price fluactuation Market information

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    Constraints

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    Thank You