[It will provide for “state equity participation in large, medium and small scale mining up to a maximum of 15%,” Opendi said in the statement.]"Up to 15%", doesn't sound like free carrying 15% but happy to be proven wrong.The production sharing bit sounds quite ambiguous, but there's bound to be a royalty anyhow. That's a while down the track so let's see what happens I guess.
https://www.mining.com/web/new-law-would-allow-uganda-to-take-stakes-in-private-mining/
They are trying to make people not sit on tenements and hoard land and trying to make things dynamic forcing companies into partnerships with govt would probably stymie new applications and they'll tone back a bit. IMHO only.
Uganda to debate draft mining law enabling Govt to take 15% in private mining ventures, page-4
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