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Kenya earns $12m from first crude oil export

     A truck loaded with crude oil en route to Mombasa from the oilfields in South Lokichar. Kenya has joined the league of Africa oil exporters after its first consignment of 200,000 barrels fetched $12 million on Thursday afternoon. That means the sweet light crude sold at $60 per barrel, …

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Kenya Mining lures industry captains

Captains leading Kenya’s mining industry from companies such as Base Titanium, Acacia Mining, Karebe Gold Mining and the Kenya Chamber of Mines are expected to share their wealth of experience at the upcoming Kenya Mining Forum in Nairobi. “Base’s key message is to show the world what is possible to …

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Kenya’s future prospects bright

The investor demand and business activity is set to increase as political stability returns to Kenya, analysts have observed. Specialist global risk consultancy Control Risks said Kenya is emerging from a protracted presidential election process and seeing a return to political stability. Nonetheless, challenges will persist in 2018 for organisations …

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Rainbow ships first rare earths from Burundi mine

Rainbow Rare Earths has exported its first shipment of rare earth concentrate from its Gakara project in Burundi. Gakara is one of the highest-grade rare earth element mining projects globally, with an estimated in situ grade of 67% total rare earth oxide. Rainbow said that 25 t of high-grade rare …

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Kenya, Uganda’s mulls nuclear power generation

Kenya is mulling the introduction of nuclear power generation capability through the Kenya Nuclear Electricity Board, established in 2014, to catalyse development. This comes at the backdrop of Uganda drafting the Atomic Energy Bill in 2008 to regulate the use of ionising radiation and provide a framework to develop nuclear …

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Mining promises to be Kenya’s economic mainstay

Kwale Mine, a partnership between Kenyan government and Base Titanium has become the country’s flagship mining outfit. Last year, the mine represented close to 60% of the country’s total mineral output value. “This represents a significant milestone in the partnership between the government of Kenya and Base in promoting further …

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