Liberal Forum

Uganda has announced that it has struck a deposit of 31 million tonnes of gold ore, with extractable pure gold estimated to gross 320,000 tonnes.President Museveni broke news of the find in his State-of-the-Nation Address on Tuesday, June 7, but provided little detail, pointing in general that it would fetch the country more than $12 trillion.Technocrats in the Ministry of Energy and Mineral Development, Mr Museveni noted, had informed Cabinet that the country was positioned to get slightly under $700m in royalty payments, with the investors poised to cash in on the windfall.Citing six local gold refineries, among them Africa Gold Refinery in Entebbe that the United States sanctioned in March over illicit source of its gold, the President declared that the time for Uganda to ship unprocessed exports is over.In details provided at our request, Ministry of Energy and Mineral Development spokesperson Solomon Muyita noted that the gold-endowed parts of Uganda include Alupe in Busia and Karamoja, both in eastern Uganda; Kameleng, Kisita, and Ngugo in Kassanda District in central region; and, Bushenyi’s Tiira area in western Uganda.The volume of the reserves is estimated at 31 million tonnes of gold ore, or net 320,158 tonnes of gold, valued at $12.8 trillion, according to a document prepared by the line ministry.If the computations are accurate, it would suggest the new gold find would topple the estimated windfall from oil still in the ground in the Albertine region.Mr Muyita said a Chinese-run firm, Wagagai, which picked its name from the highest peak of Mt Elgon, expects to mine and start refining at least 5,000 kilogrammes of gold a day in Busia by the close of this year.

Vegas » 16 Jul 2022, 12:53 pm » wrote: ↑

16 Jul 2022, 12:53 pm

$21 trillion dollars' worth. I don't know how accurate this is, but either way, they evidently struck an enormous amount of gold recently. You all know what this means, right? Prepare for us to "transport democracy" to these poor oppressed people who all of a sudden are suffering genocide from...from...oh who knows? We will think of someone. The important thing is that we need to send our military there to save them from...some...tyranny...I guess. Or whatever. I am sure our government will come up with something. 

https://clubofmozambique.com/news/ugand ... ts-218828/

FOS » 16 Jul 2022, 12:59 pm » wrote: ↑

16 Jul 2022, 12:59 pm

we arent going to do anything. China will.

China owns africa now. But they also have buyers remorse because africans cannot be trained to do anything useful.

'empire of dust' is a hilarious documentary about this. But its probably difficult to find these days cause its quite racist.

Vegas » 16 Jul 2022, 1:02 pm » wrote: ↑

16 Jul 2022, 1:02 pm

I can't see our government allowing any nation, other than us, to have access to this load. This is huge.

FOS » 16 Jul 2022, 1:14 pm » wrote: ↑

16 Jul 2022, 1:14 pm

when was the last time our government acted in its own interests? before ww1, i think

Vegas » 16 Jul 2022, 1:17 pm » wrote: ↑

16 Jul 2022, 1:17 pm

You mean as in defense? Not invasions.

FOS » 16 Jul 2022, 1:20 pm » wrote: ↑

16 Jul 2022, 1:20 pm

anything.

when was the last time the US invaded a country relevant to our own interests? when?

Vegas » 16 Jul 2022, 1:23 pm » wrote: ↑

16 Jul 2022, 1:23 pm

I am unclear on what you mean by our own interests. Self-defense is our own interest. However, invading for immoral reasons for oil or other resources is our own interests also. So which are you referring to? 

We are always invading people for immoral reasons. We regularly interfere in elections of other countries, ceased oil fileds, and even ceased poppyseed farms in Afghanistan for our big pharma companies.

FOS » 16 Jul 2022, 1:24 pm » wrote: ↑

16 Jul 2022, 1:24 pm

when have we ever fought a war that gave us oil?

never.

the last war we fought that we actually profited from was the spanish american war. I cant think of anything since then that we had any chance of benefiting from.

unless, i suppose, you are a devoted dispensationalist.

Vegas » 16 Jul 2022, 1:30 pm » wrote: ↑

16 Jul 2022, 1:30 pm

What was the real purpose of invading Iraq? We knew they didn't have WMDs, so what the hell were we doing there? 
Why did we stay 21 years in Afghanistan? because we are so nice?