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

Afghanistan earthquake exposes disaster caused by decades of US occupation

by Jean Shaoul, WSWS, Jun 24 2022

A 6.1-magnitude earthquake in a remote area of Afghanistan has killed at least 1,000 people and injured at least 1,500. While the worst affected area is the mountainous Paktika province, deaths have also been reported in the eastern provinces of Khost and Nangarhar. Many more bodies are thought to be buried in mud as heavy rain hampers rescue efforts.

With the ever-expanding US war against Russia, the US is preparing to bring the type of devastation wrought upon Afghanistan and Iraq to Europe, at an even greater cost in lives and treasure.

Afghanistan earthquake exposes disaster caused by decades of US occupation

MoA: This New Import Law Will Hurt U.S. Consumers

This New Import Law Will Hurt U.S. Consumers

For small importers it will be impossible to do the above. Only big companies [Congress’ gift to Big Corporations] can afford to research and provide all that data and to take the risk of importing products that may get confiscated at the border. They will of course ask their customers to pay for all that.

Previously:

US Crackdown on Forced Labor in China Risks Further Supply Chaos

MoA brings up some things that I hadn’t.

Why does the United States have a military base in Ghana?

In April 2018, the president of Ghana, Nana Addo Dankwa Akufo-Addo, said that Ghana has “not offered a military base, and will not offer a military base to the United States of America.” His comments came after Ghana’s parliament had ratified a new defense cooperation agreement with the United States on March 28, 2018, which was finally signed in May 2018. During a televised discussion, soon after the agreement was formalized in March 2018, Ghana’s Minister of Defense Dominic Nitiwul told Kwesi Pratt Jr., a journalist and leader of the Socialist Movement of Ghana, that Ghana had not entered into a military agreement with the United States. Pratt, however, said that the military agreement was a “source of worry” and was “a surrender of our [Ghanaian] sovereignty.”

Why does the United States have a military base in Ghana?

The US is heavily reliant on China and Russia for its ammo supply chain. Congress wants to fix that.

The US is heavily reliant on China and Russia for its ammo supply chain. Congress wants to fix that.

Related:

Antimony is a critical mineral commodity for advanced technological uses and the U.S. imports over 70% of antimony consumed domestically. Most of our imported antimony comes from China, which is beginning to reduce its production. Understanding of the origin of this deposit, the largest known antimony deposit in the U.S., would aid in future exploration for undiscovered deposits of this type, both domestically and internationally.

[2018] Source – US Geological Survey

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

They only have themselves to blame!

China warns of US-led “provocative” military actions in South and East China Seas

Chinese authorities this week warned the US and its close allies, Canada and Australia, of serious dangers of armed conflict arising from confrontational actions by their military aircraft in the East China Sea near Taiwan and close to Chinese facilities in the South China Sea.

China warns of US-led “provocative” military actions in South and East China Seas

Related:

US, China on Collision Course Over Taiwan

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