Research desks
- Operator reviewsRated files on licensed operators, their disclosures and their track record.
- Sustainability scorecardsMercury, water, tailings, energy and closure provisioning assessments.
- Community impact auditsLand, livelihoods, grievance handling and local procurement outcomes.
- Responsible sourcing and governanceDue diligence, refining, custody, licensing and trade governance.
- Markets and investmentPricing, official-sector demand, fund flows and treasury allocation.
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Wagagai Mining (U) Limited
Large-scale Busia operation with a fast production ramp
| Metric | Score | Desk assessment |
|---|---|---|
| Disclosure quality | 62/100 | Regular production statements, limited third-party assurance. |
| Water and tailings | 66/100 | Engineered storage in place; independent monitoring data is thin. |
| Community engagement | 71/100 | Visible local programmes; grievance outcomes not published in full. |
| Local procurement | 74/100 | Substantial local hiring reported at the Alupe plant. |
| Closure provisioning | 58/100 | Provisioning disclosed at a high level only. |
Scores are GoldLockTreasury editorial assessments built from published disclosure, regulator filings and field reporting. They are our judgement rather than a certification, and the benchmark is our working median for comparable Ugandan operations. Last reviewed August 2026.
Filterable archive
63 of 63 entries
- Project review · Positive · November 4, 2024Wagagai Gold Mine review: Uganda's largest projectGLT 4.4 / 5
- Project review · Positive · 12 August 2026Wagagai Mining's Busia processing plant ramp-upGLT 4.2 / 5
- Burlcore Mining · Company review · Editor's Pick · September 18, 2024Burlcore Mining review: a Uganda gold operatorGLT 4.9 / 5
- Community impact · Positive · 13 August 2026Wagagai Mining's Busia community programmeGLT 4.0 / 5
- Community mining · Positive · July 22, 2024Kayonza Mine: a Kassanda cooperative reviewedGLT 4.1 / 5
- Sector programme · Positive · August 5, 2024planetGOLD Uganda and mercury-free processingGLT 4.3 / 5
- Company review · Positive · October 14, 2024Oremax Uganda: CSR as an operating disciplineGLT 3.9 / 5
- Community impact · Critical · June 11, 2024Busia: a school displaced by gold miningGLT 2.2 / 5
- Investigation · Critical · May 27, 2024Kassanda gold pits and the ASGM enforcement gapGLT 1.8 / 5
- Research review · Critical · April 9, 2024Karamoja ASGM: health and environmental findingsGLT 2.5 / 5
- Infrastructure review · Positive · January 21, 2025African Gold Refinery, Entebbe: a reviewGLT 4.0 / 5
- Investigation · Critical · February 18, 2025Mubende gold fields and a contested evictionGLT 2.0 / 5
- Breaking · Critical · July 19, 2026Namayingo gold pit collapse at Bukana shaftGLT 1.6 / 5
- Burlcore Mining · Company review · ESG · June 18, 2026Burlcore Mining ESG review: the Busia programmeGLT 4.8 / 5
- Regulation review · Positive · May 6, 2025Mining and Minerals Act 2022: four years onGLT 4.2 / 5
- Investigation · Critical · September 12, 2025Buhweju gold rush and the oversight gapGLT 2.1 / 5
- Governance · Critical · December 3, 2024Karamoja's militarised mineral zones reviewedGLT 2.3 / 5
- Sector body · Positive · March 27, 2025Uganda Chamber of Mines and Petroleum: a reviewGLT 4.0 / 5
- Responsible sourcing · Critical · January 30, 2026Uganda-Tanzania gold corridor and custody gapsGLT 2.6 / 5
- Investigation · Critical · August 6, 2026Uganda's gold fraud networks: how the scams workGLT 1.6 / 5
- Policy & markets · March 12, 2026Bank of Uganda's gold purchase programme reviewedGLT 4.4 / 5
- Regulatory & governance · April 22, 2026Uganda National Mining Company: the 15% state stakeGLT 3.9 / 5
- Markets & value addition · May 19, 2026Record gold export earnings and value retentionGLT 3.1 / 5
- Environment & health · June 30, 2026Mercury phase-out in Uganda's gold fieldsGLT 2.6 / 5
- Community impact · July 14, 2026Busia's cooperative licensing model, assessedGLT 4.3 / 5
- Responsible sourcing · 14 May 2026LBMA and OECD due diligence for gold suppliers
- Treasury & custody · 22 April 2026Vaulting and custody: allocated versus unallocated
- Treasury & markets · 30 June 2026Gold as a treasury reserve asset in 2026
- Treasury & markets · 5 August 2026Record Q2 central bank buying as the price fell
- Treasury & custody · 6 August 2026Gold-backed investment flows in August 2026
- Sustainability & community · 7 August 2026BioGold in Uganda: the cost of safer processingGLT 4.2 / 5
- Treasury & markets · 9 August 2026Jefferies on gold and the direction of real yields
- Official sector · 13 August 2026China adds gold for a 21st straight month
- Markets · 13 August 2026European funds lead a return to gold ETFs
- Markets · 13 August 2026Gold reaches a two-month high after US CPI data
- Demand · 13 August 2026Gold demand flat in Q2 as its value hits a record
- Markets · 13 August 2026Silver outruns gold and the ratio narrows
- Markets · 13 August 2026Gold moves with Fed expectations after CPI data
- Supply · 13 August 2026Record mine output meets flat total supply in Q2
- Official sector · 13 August 2026Official-sector gold buying rebounds in Q2
- Demand · 13 August 2026India's import controls weigh on silver, not gold
- Refining · 13 August 2026Recycled gold absorbs the shock as refiners adjust
- Markets · 11 August 2026Gold settles into a four-thousand-dollar range
- Official sector · 10 August 2026Central bank buying and the reporting lag problem
- Demand · 9 August 2026Asian physical demand holds as policy sets the pace
- Mine supply · 8 August 2026Sustaining costs climb as gold grades fall
- Investment flows · 7 August 2026Gold ETF flows turn positive as buyers change
- Custody · 6 August 2026London vault capacity and allocated storage pricing
- Responsible sourcing · 5 August 2026Responsible sourcing audits and the first buyer
- Energy · 4 August 2026Power contracts and gold mine decarbonisation
- ASGM · 3 August 2026Artisanal gold formalisation and working capital
- Refining · 2 August 2026Refinery accreditation and African gold access
- Capital markets · 1 August 2026Royalty and streaming capital in gold finance
- Supply · 31 July 2026Recycled gold supply responds slowly to price
- Governance · 30 July 2026Permitting timelines and consultation quality
- Illicit flows · 29 July 2026Gold trade data still fails to reconcile
- Environment · 28 July 2026Tailings reprocessing: opportunity and hazard
- Digital assets · 27 July 2026Gold-backed tokens face a redemption test
- Equities · 26 July 2026Gold equities still trade at a discount
- Official sector · 25 July 2026Sovereign funds add gold and rewrite mandates
- Governance · 24 July 2026Closure provisioning in gold mine accounts
- Market structure · 23 July 2026Clearing and settlement risk in the gold market
- Policy · 22 July 2026West African producers face new fiscal terms