Market News
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Kenya Mineral Rights Board key to reform agenda in the mining sector
Posted on :Friday , 11th August 2017
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 of Mining (Dr Ibrahim M. Mohamed)Kenya: New Team to Lead Kenya's Mining Sector Reforms
Posted on :Friday , 11th August 2017
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 something the ministry has been looking forward to even as industry stakeholde. . .Kenya: UK Mining Firm Discovers Gold Worth $1.7 Billion in Kakamega
Posted on :Thursday , 2nd March 2017
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 highest in Africa.Mining Cabinet Secretary Dan Kaz. . .Africa: What is limiting Africa's Resurgent Mining Sector?
Posted on :Wednesday , 8th February 2017
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 is still at a pivotal point as it faces challenges from cybersecurity threats,. . .Expogroup Wins Big at the Tanzania Leadership Awards 2016
Posted on :Friday , 3rd February 2017
On the evening of Friday 27th January 2017, members of the business community in Tanzania gathered at the Hyatt Regency Hotel to celebrate the most accomplished businesses of 2016. The event was the Tanzania Leadership Awards (TLA), which honors successful businesses that range from conglomerates with more than 500 employees, to small start-ups with a staff count of 2 to 4 employees. . .
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