East African Mining News Unearthing Mining Opportunities in East Africa
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Manganese mining company, Marula Mining, is celebrating a significant victory after their Kenyan subsidiary was awarded a Mineral Dealer’s Trading License. This license, granted under Kenya’s Mining Act No. 12 of 2016, unlocks a wealth of opportunities for Marula, allowing them to buy, sell, and export manganese ores.
The news comes as a major boost for Marula’s investment in the Larisoro Manganese Mine situated in Kenya’s Samburu County. “We’re delighted to receive this Mineral Dealer’s Trading License,” said Jason Brewer, CEO of Marula Mining. “This is a result of the dedication and hard work put in by our Kenyan teams, both technical and administrative.”
Brewer continued, highlighting the license’s significance. “This award represents a significant milestone for us in Kenya. It empowers us to not only progress with our strategy at the Larisoro Manganese Mine but also explore other prospective manganese projects within the country.”
The license, valid until December 31st, 2024, with the option for annual renewal, paves the way for Marula to ramp up production of high-grade manganese ores at Larisoro. These ores will be sold internationally through new offtake agreements.
But Marula’s ambitions extend beyond their own mine. The license also grants them the right to purchase manganese ores from other Kenyan mining companies. This aligns with their broader strategy to establish themselves as a major player in Kenya’s manganese sector.
“This license allows us to cultivate and strengthen partnerships with the Kenyan mining sector and local communities,” remarked Brewer, emphasizing Marula’s commitment to collaborative growth.
The award of the Mineral Dealer’s Trading License is a clear signal of Marula Mining’s commitment to Kenya and its manganese industry. With this crucial piece in place, Marula is poised to become a key player in unlocking the country’s rich manganese potential.
