Latest Uganda News

Ionic Rare Earths advances its global rare earths strategy with significant UK government funding, increased heavy rare earth oxide production, and a $15.6 million capital raise backed by a strategic US investor.

Ionic Rare Earths has raised $15.6 million through a heavily oversubscribed rights issue and placement, anchored by a $3 million strategic investment from U.S.-based Argentem Creek Partners. The capital will fund the company’s global expansion in magnet recycling and rare earth supply chain development amid rising geopolitical tensions.

Ionic Rare Earths has launched a $7 million capital raise through a renounceable rights issue and placement, aiming to accelerate its magnet recycling projects and expand operations internationally.

Blaze Minerals has confirmed a new critical mineral discovery at its Ntungamo Project in Uganda, reporting high-grade Gallium and Rubidium intercepts from recent diamond drilling.

DGR Global Limited reports steady progress in project generation and subsidiary investments, bolstered by a $23.5 million loan facility and a favorable legal appeal outcome. The company maintains a strong health, safety, and environmental record while navigating challenging market conditions.

Ionic Rare Earths advances its rare earths strategy with major UK government funding, Brazilian JV progress, and US expansion talks amid China export controls.

Ionic Rare Earths’ Belfast plant is ramping up production of critical heavy rare earth oxides to meet soaring demand from Western markets following China’s export restrictions. This strategic move positions the company as a key supplier for defence, renewables, and advanced manufacturing sectors.

eMetals Limited has completed initial soil sampling at its Busia Gold Project in Uganda, revealing a significant 300-meter-wide gold-in-soil anomaly. The company continues to advance exploration efforts across its Ugandan assets while negotiating land access for further work.

Blaze Minerals has acquired a commanding interest in the Loulombo Project in the Republic of the Congo, unveiling exceptional base metals grades and planning a maiden drilling campaign. Meanwhile, critical mineral discoveries in Uganda and a $2.42 million capital raise underpin its growth trajectory.

Blaze Minerals has completed its acquisition of an 80% interest in the Loulombo Base Metals Project in the Republic of the Congo and is advancing preparations for its maiden drilling campaign.

eMetals Limited reveals a significant 300-meter-wide gold-in-soil anomaly at its Busia Gold Project in Uganda, highlighting promising early exploration results within a highly prospective greenstone belt.

Ionic Rare Earths is advancing plans for multiple magnet recycling plants in the US, leveraging patented technology to produce high-purity rare earth oxides amid growing demand for sovereign supply chains.