Market News

  • 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. . .

  • Ethiopia: Canadian Investors Keen to Engage in Energy, Mining Sectors

    Posted on :Thursday , 1st September 2016

     Ethiopia and Canada discussed to further strengthen their bilateral relations in the areas of trade, investment, peace and security.

     
    Foreign Minister Dr. Tedros Adhanom held talks with Office of the Ministry of International Development Parlimentary Secretary Karina Gould here yesterday.
     
    The Secretary told journalists following t. . .

  • Kenya: KNCHR Urges Taita Taveta County Government to Protect Mining Firms

    Posted on :Wednesday , 31st August 2016

     The Kenya National Commission on Human Rights (KNCHR) has urged the Taita Taveta County government to protect investors in the mining sector following numerous conflicts with locals.

     
    Addressing county government leaders in Mwatate, Taita Taveta County Monday, KNCHR chairperson Kagwiria Mbogori noted that some investors are counting loses due to the unending co. . .

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