Kilembe Mines seeks copper partner
KILEMBE Mines in Kasese is seeking an investor for a partnership leading to the resumption of copper smelting.
By Columbus Tusiime
in Kasese
KILEMBE Mines in Kasese is seeking an investor for a partnership leading to the resumption of copper smelting.
Authorities are optimistic that the former popular copper smelter, would once again open its doors to mining activities after 20 years of inactivity. This optimism comes as good news as the world prices for copper roared to $7,530 per tonne, up from $7,204.
Kabyanga, the procurement officer, told the Rwenzori Mountains Conservation and Environment Management Project stakeholders meeting at Hotel Margherita recently that the Government was sourcing for an investor to partner with them.
The company, which stopped mining in 1982, is however, producing lime and generating electric for supply to the national grid.
The meeting was aimed at finding ways of preserving environment in the Rwenzori Mountains.
It was organised by the Uganda Wildlife Authority under the Rwenzori Mountains National Park initiative.
The participants expressed fears of environmental degradation by Kilembe Mines, which felled trees for lime burning. Kabyanga admitted that the company had been polluting the environment by cutting trees for lime burning.
He said the company would start using fern oil to burn lime like it is done in Kenya.
Rev. Canon Julius Kithaghenda, the Kasese district LC5 chairman, called for co-existence between the national parks and the surrounding communities.
Kithaghenda urged the legislators to change the law to allow for compensation if property is destroyed by wild animals.
He called for transparency in the 20% revenue sharing agreement with the Uganda Wildlife Authority.
in Kasese
KILEMBE Mines in Kasese is seeking an investor for a partnership leading to the resumption of copper smelting.
Authorities are optimistic that the former popular copper smelter, would once again open its doors to mining activities after 20 years of inactivity. This optimism comes as good news as the world prices for copper roared to $7,530 per tonne, up from $7,204.
Kabyanga, the procurement officer, told the Rwenzori Mountains Conservation and Environment Management Project stakeholders meeting at Hotel Margherita recently that the Government was sourcing for an investor to partner with them.
The company, which stopped mining in 1982, is however, producing lime and generating electric for supply to the national grid.
The meeting was aimed at finding ways of preserving environment in the Rwenzori Mountains.
It was organised by the Uganda Wildlife Authority under the Rwenzori Mountains National Park initiative.
The participants expressed fears of environmental degradation by Kilembe Mines, which felled trees for lime burning. Kabyanga admitted that the company had been polluting the environment by cutting trees for lime burning.
He said the company would start using fern oil to burn lime like it is done in Kenya.
Rev. Canon Julius Kithaghenda, the Kasese district LC5 chairman, called for co-existence between the national parks and the surrounding communities.
Kithaghenda urged the legislators to change the law to allow for compensation if property is destroyed by wild animals.
He called for transparency in the 20% revenue sharing agreement with the Uganda Wildlife Authority.