Wagagai Mining (U) Limited

Wagagai Mining (U) Limited is a wholly-owned subsidiary of Liaoning Hongda Enterprise Group, registered in Busia, a town in the Administrative Center of Busia District located in the Eastern Region of Uganda. The Geological Survey and Mines Department of Uganda and the Government of Uganda legally approved us in March, 2024. The first phase of construction commenced in 2019 and was completed in 2022 it was a round investment of $500 Million. The second phase of construction will be completed by mid of 2024 by investing another $500 million, and the third phase of construction will start in 2025 to 2027 with another $300 million invested. At this point, Wagagai Mining (U) Limited will be the Largest Gold Producer in Africa.