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Uganda National Mining Company

Delegates seated at long tables arranged in a U-shape in a yellow-walled conference room, facing a head table where Ruth Nankabirwa, in yellow, sits beside a man in a dark suit beneath a screen reading "Uganda National Mining Company: The 1st Annual General Meeting"
Uganda National Mining Company

IGG directs UNMC to interdict chief executive and legal chief

UNMC must interdict Gerald Banaga-Baingi and Lelia Bwambale as the IGG investigates alleged financial mismanagement and abuse of office
Ionic Rare Earths Limited workers at the Makuutu Rare Earths Project in Eastern Uganda. Ionic Rare Earths Limited, the Australian mining company, has acquired an additional 34 per cent interest in Rwenzori Rare Metals Limited, the owner of the Makuutu Rare Earths Project, bringing its majority interest in the project to 94 per cent, as it prepares for small-scale production in a few months' time.
Makuutu Rare Earths project

Makuutu funding options remain under review as Ionic plans equity raise

Ionic reports continued Makuutu spending and talks with potential financiers, without setting a replacement timetable for commercial production
Delegates seated at long tables arranged in a U-shape in a yellow-walled conference room, facing a head table where Ruth Nankabirwa, in yellow, sits beside a man in a dark suit beneath a screen reading "Uganda National Mining Company: The 1st Annual General Meeting"
Uganda National Mining Company

Energy minister replaces Uganda National Mining Company’s board chair and deputy

The Energy Minister announced changes at the top of the Uganda National Mining Company, citing governance and management challenges
Delegates seated at long tables arranged in a U-shape in a yellow-walled conference room, facing a head table where Ruth Nankabirwa, in yellow, sits beside a man in a dark suit beneath a screen reading "Uganda National Mining Company: The 1st Annual General Meeting"
Uganda National Mining Company

Infighting, nepotism weigh on Uganda National Mining Company

The finance ministry has ordered a governance audit of the Uganda National Mining Company amid a dispute between its management and board

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