Uganda’s mineral production value almost doubled in the 2023/24 financial year, rising by 87 percent from Shs248.5 billion to Shs464.7 billion. The figures are contained in the fifth Uganda Extractive Industries Transparency Initiative (UGEITI) Report. Iron ore was the biggest driver of the growth, accounting for Shs289.3 billion or 62.25 percent of total mineral production value. Limestone followed with Shs102.9 billion (22.13 percent), while pozzolana contributed Shs23.2 billion (about 5 percent). Other minerals that contributed to the total included syenitic aggregate, kaolin, marble, volcanic ash, wolfram and gold. The sharp rise marks a shift in the composition of Uganda’s mineral production. In the previous year, limestone had been the leading mineral by value. Artisanal and small-scale miners (ASM) also emerged as a significant force, accounting for nearly a third of total extractive production. Their output placed them ahead of the combined production of the top 10 large industrial mining and cement companies. Despite the strong growth in production value, the overall contribution of the extractive sector to the wider economy showed mixed trends. Officials said the report consolidates production data submitted by individual companies and other producers. The figures highlight the growing importance of both industrial minerals such as iron ore and limestone, and the role of artisanal miners in Uganda’s extractive industry. King Musah Media will continue tracking developments in the mining sector.