Vision and Mission

Vision and Mission

What we Strive For

Vision

To be a leading state-owned mining enterprise unlocking Uganda’s mineral wealth for sustainable national growth.

Mission

To responsibly manage and grow State interests in mining, ensuring maximum value and benefit for Ugandans.

Our Mandate

Following this legal framework, the Government of Uganda, through the Ministry of Energy and Mineral Development and the Ministry of Finance, Planning and Economic Development, initiated the process of setting up the Company. UNMC was formally registered in 2024 as the State-owned enterprise mandated to:

  • Manage State participation in mining projects (including the statutory 15% free carried interest in medium and large-scale licenses).
  • Develop joint ventures and strategic partnerships in mining and mineral value addition.
  • Oversee beneficiation, mineral trading, and the establishment of buying centers.
  • Support Uganda’s broader goals under Vision 2040 and the National Development Plan IV (NDP IV).

Today, UNMC stands as the vehicle through which the State participates in Uganda’s mining sector, ensuring that mineral wealth directly contributes to sustainable economic growth and industrial transformation.

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