Uganda says exploration results show it has 31 million tonnes of gold ore

Uganda says exploration results show it has 31 million tonnes of gold ore

Muyita said Wagagai, a Chinese company, had set up a mine in Busia in eastern Uganda and was expected to start production this year. Wagagai had invested $200 million, he said, and its mine will have a refining unit.

Parliament early this year enacted a new mining law that, once signed by the president, will pave way for the creation of a state mining company.

The company will compulsorily acquire a 15% stake in every mining operation and investors will be required to sign a production-sharing agreement with the government. Previously investors were given mining production licenses on a first-come, first-served basis.

Related:

Six decades of China-Uganda diplomatic relations and win-win partnership

Debt trap rumour intended to derail Uganda, China friendship

Uganda: President Pledges Rights Improvements

Hijacking Human Rights

HRW, sponsored by Adessium Foundation, Open Society Foundations, The Ford Foundation.

NED – Uganda

Looks like HRW & NED are on top of it! #RegimeChange

Ecuador: Lasso’s Masquerade vs. People’s Real Demands

Today marks 15 days since the beginning of the demonstrations against the neoliberal government of Guillermo Lasso. During that time over 15,000 indigenous people and representatives of social movements have joined the protests to demand urgent actions to stop the collapse of the living conditions of the poorest and the entire working class. However, the response has been violence and police repression, which has already caused six deaths, hundreds of wounded, and over 200 imprisonments.

Ecuador: Lasso’s Masquerade vs. People’s Real Demands

Related:

Ecuador’s Lasso survives impeachment vote, halts protest talks

PRC Could Starve US Military-Industrial Complex of Ability to Build Weapons With One Move: Report

The United States is the world’s largest exporter of armaments, accounting for more than 38 percent of international weapons sales between 2017 and 2021. The Pentagon is also the US military-industrial complex’s single largest buyer, with its $801 billion in military spending dwarfing that of all of Washington’s major adversaries combined.

PRC Could Starve US Military-Industrial Complex of Ability to Build Weapons With One Move: Report

Joint Statement of the Communist Party of Kenya and the Zimbabwe Communist Party On the Expansion of AFRICOM

The Communist Party of Kenya (CPK) and the Zimbabwe Communist Party (ZCP) are deeply concerned with the decision of Zambian President Hakainde Hichilema to make Zambia a center for the operations of the United States military with the opening of an AFRICOM office in Lusaka. This does not, at least at this stage, mean that US ground forces will be sent to Zambia. It does mean that the USA will train and direct Zambian troops in its interests. The pattern in Africa is similar to that pursued by the USA in Latin America for 150 years in which a country would be effectively occupied by its own army on behalf of the imperial power.

On the Expansion of AFRICOM

Congress and Pentagon seek to shore up strategic mineral stockpile dominated by China

Congress has repeatedly authorized multimillion-dollar sell-offs of the U.S. strategic minerals stockpile over the past several decades, but Washington’s increased anxiety over Chinese domination of resources critical to the defense industrial base has prompted lawmakers to reverse course and shore up the reserve.

The stockpile was valued at nearly $42 billion in today’s dollars at its peak during the beginning of the Cold War in 1952. That value has plummeted to $888 million as of last year following decades of congressionally authorized sell-offs to private sector customers. Lawmakers anticipate the stockpile will become insolvent by FY25.

“A lot of what happened is Congress just getting greedy and finding politically convenient ways to fund programs that they weren’t willing to raise revenue for,” said Moulton.

Congress and Pentagon seek to shore up strategic mineral stockpile dominated by China

Blame China for their greed?! 🙄

Doumbouya orders Foreign Mining companies to process bauxite in Guinea, sets May as deadline

Doumbouya orders Foreign Mining companies to process bauxite in Guinea, sets May as deadline

“Despite the mining boom in the bauxite sector, we have to admit that the expected revenues are below expectations, and you and we cannot continue this game of fools that perpetuates great inequality in our relations” Doumbouya said.

The issue of countries earning less from their resources cuts across Africa. In some cases, the nation earns less than 40% of its own resources whilst the multinationals walk away with the big cuts. Do you think all other African countries should emulate this approach?

Colombian Vice-Presidential Candidate Gets Death Threat + Alcibíades Moreno, the social leader of artisan emeralders in western Boyacá, murdered

Colombian Vice Presidential candidate Francia Marquez is again threatened by right wing groups in that country. She demands that president Ivan Duque protect her and others leaders as well.

Colombian Vice-Presidential Candidate Gets Death Threat

Related:

The murder of Alcibíades Moreno Moreno, recognized for defending the rights of artisanal miners in the emerald area of Muzo in western Boyacá, reached a steep figure of 45 social leaders murdered in the country, according to the ongoing follow-up by the Institute of Studies for the Development and Peace (Indepaz).

Alcibíades Moreno, the social leader of artisan emeralders in western Boyacá, murdered