Wagagai Gold Mining

Leading Gold Mining Company in Uganda Since 2019.

Rated 5 stars

★★★★★

About Wagagai Gold Mining

Wagagai Gold Mining (U) Limited is a large-scale gold mining and refining company in Busia, Uganda, established as a subsidiary of China's Liaoning Hongda Enterprise Group. Recently commissioned by President Museveni, it aims to process gold locally to 99.99% purity, ending the export of raw minerals and creating thousands of jobs. The project is a major step in Uganda's industrialization, with proven reserves and a state-of-the-art refinery, positioning the nation as a gold producer and adding value to its mineral resources.

Our Mission

Company Profile

Parent Company: Liaoning Hongda Enterprise Group

Location: Alupe, Busia District, Eastern Uganda

Establishment: March 2019

Status: A subsidiary of the China-Uganda bilateral cooperation

Project Details

Proven Reserves:

The project is based on proven gold ore reserves of approximately 30 million tonnes.

Purity:

The refinery is designed to produce gold of 99.99% purity, a significant achievement in local value addition.

Capacity:

The plant can process 5,000 tonnes of gold ore per day, with plans to produce 1.2 to 1.5 metric tons of refined gold annually.

Investment:

The total investment in the project is over $500 million over multiple phases.

Significance for Uganda

Value Addition:

The project aligns with Uganda's goal to stop exporting raw minerals and process them locally, increasing national revenue.

Job Creation:

The full operation of the gold mine is expected to create over 5,000 jobs.

Economic Development:

It represents a transformative milestone for Uganda's economy, bringing industrialization to the mining sector and potentially funding long-term development projects

Our Services

Gold exploration: The company is involved in the prospecting and exploration of gold, having confirmed reserves of up to 30 million tons of gold ore at its Busia site.

Mining and extraction: Wagagai conducts large-scale, machine-based gold mining operations to extract the gold ore from its licensed areas.