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A nugget of gold obtained in Mubende using mercury. Photo by Josephine Nnabaale

Uganda works to phase out mercury usage

The maiden Conference of Parties to the Minamata Convention on Mercury took place in Geneva on September 24-29. The Convention is an international legal instrument or Treaty designed to protect human health and the environment from anthropogenic emissions and releases of mercury and mercury

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East-Africa-Crude-Oil-Pipeline-launch

East African Crude Oil Pipeline: The Inside Story

East African Crude Oil Pipeline: The Inside Story Details emerge of how the crude oil pipeline will be financed, managed  New details have emerged in the East African Crude Oil Pipeline (EACOP) regarding how it will be financed, run and managed. For starters, Uganda plans to construct a

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Jimmy Mugerwa

Tullow hopes to conclude a farm-down to Total and CNOOC next year

Total and CNOOC will each have 44.11 percent stake in Uganda’s Oil reserves Edward Ssekika Tullow Oil Uganda Limited, a subsidiary of expects to conclude a farm-down with Total E&P Uganda BV and CNOOC by June next year. According to a Trading Update, the company has already submitted

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First Ladies Janet Museveni and Janet Magufuli with Presidents Yoweri Museveni and John Magufuli open the One Stop Border Post at Mitukula in Uganda

Mugufuli makes case for ‘first oil’ before 2020

  Tanzania leader wants construction of crude oil export pipeline fast tracked Tanzania’s President John Pombe Magufuli wants investors, the governments of Uganda and Tanzania to expedite the construction of the East African Crude Oil Pipeline (EACOP). Magufuli argues that the pipeline

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Mr Edwards Katto, Director, Directorate of Geological Survey and Mines Uganda.

Mines Director Katto Orders All Illegal Artisanal Miners Out of Mines

  He describes artisanal miners as “a menace” to the mining sector Edward Ssekika In a new twist that arguably contradicts government rhetoric on Artisanal and Small Scale Miners (ASMs) in the country, the Director, Directorate of Geological Survey and Mines (DGSM) in the

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Did you Know?

Farm-down, Farm-in, Carve-out

If a licensed exploration company strikes oil or gas, it may sell a share in its rights over the discovery to other companies.  This is called a “farm-down” and is a common practice among small exploration companies, as it enables them to share with others the investment costs and technological challenge of getting the oil out of the ground and on to world markets.   A “farm-in” is a similar arrangement made by an exploration company before it strikes oil: the company may sell a share in its exploration rights, typically in order to raise capital or attract necessary expertise for completing exploration.   Similarly, a “carve out” is where a company divides an area over which it holds a concession and sells rights over part of that concession to another company.

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