Market News

 The Kenyan mining sector is on the rise.   With ambitious plans to turn the country into a flagship mining sector, one that is attractive for investment, stable and predictable, the Ministry of Mining in Kenya is already starting to see progress.   Collaboration with governmental . . .

 The Kenya Mineral Rights Board paves the way for issuance of mining licenses as required under the Kenyan Mining Act 2016.   The nine-member team of the Kenya Mineral Rights Board comprises:   Chairperson appointed by the president (Abel K. Chumba) Principal Secretary Ministry o . . .

 Kenya's Mining Ministry has received the green light to issue licences - which had been frozen for one year since May 2016 - following the inauguration of the Mineral Rights Board.   "The inauguration of the board is the epitome of our reform agenda for the mining sector. This is someth . . .

A UK firm has announced the discovery of high-grade gold at its mines in Kakamega County.   Acacia Mining said yesterday that it had discovered an estimated resource of 1.31 million ounces of gold at its mines in the Liranda Corridor in Kakamega, whose grade, Acacia added, is one of the highe . . .

Kampala — For the first time in years, there is a mood of cautious optimism in the mining industry, with commodity prices on the rise, shallow growth returning to different end markets, and most mining companies in better cost positions than in the recent past.   However, the industry i . . .