Kenya

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 …

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 …

Kenyan investment and business guru Aly-Khan Satchu has bemoaned negative propaganda on the country’s mining industry. Satchu, the Chief Executive Officer of Rich Management Ltd said the nation need to be wary of the resource nationalism argument, adding that government has a crucial role to play. “The government needs to …

East Africa’s member states’ mining and engineering laws are weighing down on free movement of labour in the bloc. Over the last two years, East African countries have introduced at least six new laws that make it difficult for people to move and work freely in the region. Kenya leads …

Kenya’s government in collaboration with the country’s Chamber of Mines has announced plans to host the second edition of the Kenya Mining Forum. Elodie Delagneau, Event Director of Kenya Mining Forum said the jamboree is slated for from 13-14 November in Nairobi. “We want to establish and consolidate Kenya’s position as a …

Kenya is reviewing its mining code, a year after enacting new legislation, as it seeks to attract investment into an industry that’s barely grown over the past five years. The government is working with the UK Department for International Development-funded Extractives Hub to come up with a revised law that …

Mineral sands producer Base Resources has reported record quarterly revenue for the three months to June, as ilmenite and zircon prices continued to improve. The unit revenue per tonne of product sold during the quarter increased to $297/t, compared with the $258/t reported in the previous quarter. Mineral sands production …

Aim-listed Goldplat has, through its Gold Mineral Resources (GMR) subsidiary, entered into a $2-million uncommitted, on-demand, revolving pre-export loan facility with Scipion Active Trading Fund (SATF), arranged by Scipion Capital (Scipion). Goldplat is in the process of expanding the processing plant at its Kilimapesa gold mine, in Kenya, which to …

Barclays Africa Group is preparing to list its NewGold ETF on the Nairobi Securities Exchange after receiving regulatory approval to begin trading the securities. “We expect the listing to take place early this year,’’ Michael Mgwaba, head of exchange traded products at Johannesburg-based Barclays Africa’s Absa Capital unit, said in an …

Mineral sands miner Base Resources is positive about the prospects of its Kenya-based $310-million Kwale mineral sands project, located about 50 km south of Mombasa and 10 km inland from the Indian Ocean. The miner last month received an export permit to wave off its first bulk shipment from the …