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Court Suspends Kilembe Mine Sale

THE High Court has stopped the Government from privatizing Kilembe Mines Limited until a case filed by Uganda Gold Mines Limited, is finally decided. “A temporary injunction is hereby granted restraining the defendant, its agents, employees, assignees and/or servants from participating in the privatisation and/ or disposal off of its assets, relevant to the MEFSA particularly the special mining lease 2151 and the surrounding exclusive exploration licence No. EL 0138 and the known and unknown mineral deposits there, pending final disposal of the main suit,” the order reads in part. The order that was granted by Justice Geoffrey Kiryabwire followed an application by Timothy Masembe-Kanyerezi, the lawyer representing Uganda Gold Mines Ltd in which he sought a temporary injunction to stop the sale of the company and its..

http://www.newstin.cz/show-document.a?edition=us&document_id=116990534