Market News
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Kenya promises a more organized mining sector
Posted on :Saturday , 1st October 2016
During the first Mining Forum ever held in Kenya, Mining Cabinet Secretary Dan Kazungu said his country will strive to have more organized mining sector.
Among the first steps the government will implement to work towards that goal is conducting a year-long airborne survey to map mineral deposits. With an initial funding of approximately $29.64 million, the ob. . .Kenya to pick contractor for minerals survey by Dec
Posted on :Thursday , 29th September 2016
Kenya will appoint a company by December to conduct a year-long airborne survey to map its mineral deposits to attract mining explorers to the nascent sector, Mining Cabinet Secretary Dan Kazungu said on Wednesday.
Kazungu said the ministry has initial funding of Sh3 billion from the Treasury in the 2016/17 (July-June) fiscal year to start the survey. Kenya ha. . .Kenya to Spend Sh3 Billion on Mineral Survey
Posted on :Friday , 23rd September 2016
The government says it will spend Sh3 billion to map out mineral sites with the aim of identifying all minerals as part of the country's industrialization strategy.
"The process will begin immediately because the cash was factored in the current financial year," said Mining Cabinet Secretary Dan Kazungu on Tuesday.&quo. . .Titanium oxide prices set to rise by 2017
Posted on :Tuesday , 20th September 2016
Base Resources Ltd of Australia expects prices of titanium oxide mined in Kwale county on Kenya’s Coast to improve in the months leading to 2017.
The firm, which started production at the Kwale mineral sands project late 2013 has in the past one year been affected by depressed titanium oxide prices due to oversupply on the global market and reduced deman. . .Kenya Gives More Power to Mining Communities
Posted on :Thursday , 8th September 2016
Kenya has drafted 14 mining regulations to strengthen the government's capacity to manage exploration and extraction of minerals.
The proposed Minerals and Mining Policy recently approved by the Cabinet, is anchored in the Mining Act, 2016, which came into effect on May 27."The new law enhances Kenya's competitiveness by pr. . .Please Select an Option
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