Uganda Gold dealers  are to benefit from business since President Museveni has ordered the removal of royalties on Uganda gold in order to limit the amount of gold that is smuggled through Uganda unprocessed. He also said he wanted the tax lifted to encourage gold miners to take their gold the newly African Gold Refinery located in Entebbe. He said the tax was encouraging the smuggling of gold out of the country.

Currently  the  export tax on gold nuggets/bars in Uganda is 5% of the assayed value to be paid in terms of royalties in order to receive an export certificate. However, if you are buying the gold locally then you might also need to get a Mineral Dealers Licence from the Ministry of Energy.

Continue reading “Museveni orders Removal of royalty paid on gold by the Gold dealers”

What does gold surge mean for Gold dealers Uganda

Gold is set to surge over the next year as concerns deepen about the widening U.S. budget deficit and a tariff-driven trade war starts to damage the country’s economy, according to Bank of America Merrill Lynch.

Bullion could average $1,350 an ounce in 2019 as corporate tax reforms worsen the U.S. fiscal balance, Francisco Blanch, head of global commodities and derivatives research, said in a phone interview last week. Spot gold traded at $1,198.82 on Monday and has averaged about $1,285 this year. Continue reading “Gold dealers Uganda – Gold Set to Soar Above $1,300 – Goldman and Bank of America”

Where can I buy gold in Uganda? How do I know if what I’m buying is genuine gold? These are some of the common questions people ask when they want to buy uganda gold, jewelries or ornaments.

However, if you are living in a city like Kampala,  or an investor or business man planning to invest in Uganda Gold. The answer is simple. Ilota Mining Gold refiners and Gold dealers are a genuine Ugandan Gold dealers you can trust. Continue reading “Buy Gold Uganda”

Gold refinery in Uganda with Sulphur and other Metals Together. The process of separating gold from silver and other metals by means of sulphur has been known for centuries, and has been fully described by Percy.

A more speedy method of removing iron, copper, lead and base metals from bullion is to add sulphur to the molten metals.  Although gold sulphides may be readily formed in the wet way, they are decomposed into gold and sulphur by merely heating them to a temperature below 300 deg. C. If pure gold is heated strongly with sulphur no combination of the elements appears to take place. Nearly all the other metals at a bright red heat unite readily with sulphur, and form sulphides. If a large proportion of copper be alloyed with gold then by granulating the alloy and heating gradually in a graphite pot a sulphide of copper or matte will readily form, and if the temperature is raised to melt the gold a button of gold containing up to 96 per cent., or even more, of the metal may be obtained. If attempts are made to convert the whole of the copper into a sulphide a large proportion of the gold will remain diffused through the copper matte, mainly in a finely divided condition, although part exists as a double sulphide of gold and copper. When silver is present as well as gold part of the silver passes into the matte as sulphide, but it is almost impossible to remove the whole of the silver from the gold button. When it is desired to add sulphur to an impure molten mixture of gold and base metals, the sulphur is sprinkled round the edge of the molten mass to prevent spitting, as would otherwise be the case if it were added at the centre. Continue reading “Uganda Gold Refinery by sulphur method”

The purification of such alluvial gold alloys is a simple matter. The high specific gravity of the metal allows of separation from most admixed materials by some process of elutriation, or water concentration, or, in arid regions, by dry blowing. The coarser particles are readily picked out, but the finer are usually admixed with heavy sands, consisting of crushed zircons, garnets, cassiterite, wolfram, titanite, menaccanite, and in fact, almost any heavy oxidised compound or mineral. In a few cases platinum and osmiridium also occur. The separation of the sand is effected either by fluxing it when melting the gold, or amalgamating the gold, and thereby separating it from the admixed sands. By smelting the gold freed from sand in a graphite pot with borax glass, the gold is obtained free from any metal, excepting traces, save silver. Should there be any oxides of heavy metals, such as oxide of tin, present the gold should be smelted in fireclay pots, so that these oxides may not be reduced, and the gold be contaminated with base metals. Continue reading “Gold refinery Uganda by amalgamation process”

Gold Refinery Uganda – How to Refine Gold by the Aqua Regia Acid Method

The two acids which are used in this process are concentrated hydrochloric and nitric acids. Nitric acid is very corrosive. When combined with hydrochloric acid, the fumes become much more corrosive. So corrosive, in fact, that they will rust the highest grades of stainless steel with less than 1 second of exposure. For this reason, if you’re using nitric acid, it must be done outdoors, away from anything that may be damaged by exposure to these fumes. If you’re using a nitric acid substitute, it should still be outdoors, or within a self-contained system that neutralizes fumes

Having described its hazards, it must be pointed out that, like most industrial processes, refining gold in acid is quite safe when performed under controlled conditions. In addition, the results of doing your own refining can be quite lucrative. Based upon feedback we’ve received from several hundred shops, approximately 6-10% of your gold profit can be saved by refining gold yourself. For  Uganda gold refinery , please contact us

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Tungsten is a metal with unique properties making it an essential industrial metal. Critical properties include – having the highest melting point of all metals (3,400°C) and the highest tensile strength, very high density, hardness close to diamond, thermally and chemically stable, excellent conductor, and is environmentally benign.

Drop your gold item into a jug of water. Gold is a heavy metal. Real gold should sink. Any piece of supposed gold jewelry that floats is likely fools’ gold or fake gold.

The magnet test is also a good test to determine if gold is real or fake. If your gold item is attracted to a magnet, it is definitely not real gold. Still, this doesn’t mean that there is no gold in your item, just that it is not made with a substantial amount of gold.