Under the terms of the MoU, Euro Gold will commence purchasing gold directly from artisanal miners in the Mubende region.
The gold sector in Uganda this week saw another stride towards formalisation and value addition following a major agreement between Euro Gold and the Mubende United Artisanal Miners (MUAM).
The partnership, sealed via a Memorandum of Understanding (MoU) on 3rd November 2025 at Euro Gold’s head office in Kampala, is being hailed as important for creating a more inclusive, transparent, and sustainable gold industry in the nation.
Under the terms of the MoU, Euro Gold will commence purchasing gold directly from artisanal miners in the Mubende region.
The direct link, officials said, is intended to cut out intermediaries and guarantee fair value for the local miners, thereby enhancing community livelihoods.
The purchased raw gold will then undergo advanced processing and be refined by Eurogold to 99.9 per cent purity (24-carat), ensuring the finished product meets the highest international standards required for global trade.