Market News
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Kenya new Mining Act positions the country for great mining growth
Posted on :Thursday , 25th August 2016
In an exclusive interview with Mining Review Africa, editor Laura Cornish spoke with Kenya’s new Mining Cabinet Secretary/Minister of Mines Hon. Dan Kazungu, who highlighted his passion and vision to see the country’s mining sector grow substantially over the next 10 years. And he is confident of success following the introduction of a new Mining Act in May this year aimed at . . .
Ethiopia: East Africa Metals Requests Gold Mining License
Posted on :Thursday , 25th August 2016
East African Metals, a Canadian mine development company with an interest in exploration projects, has requested a license from the Ministry of Mines, Petroleum & Natural Gas, to start the large scale extraction of gold and silver in Ethiopia.
The company has submitted its application to produce the minerals, in Tigray regional state, Terakimti locality.Kenya: Team Formed to Regulate Sand Harvesting
Posted on :Thursday , 18th August 2016
Makueni County government officials on Friday met with representatives of sand harvesters to iron out conservation issues and regulated the trade following weeks of antagonism.The meeting took place at a hotel in Wote town bring together county officials, members of a local conservation agency and representatives of sand harvesters.CS Kazungu eyes 10% GDP growth after new mining sector rules
Posted on :Thursday , 11th August 2016
The Mining ministry is working on a 20-year strategy to leapfrog its gross domestic product contribution from one per cent to at least 10 per cent by 2030.CS Dan Kazungu said passing the Minerals and Mining Policy and assenting Mining Bill 2016 into law set the ball rolling."The new law and policy position Kenya towards the . . .Mining ministry to set up fresh licensing board
Posted on :Thursday , 11th August 2016
The government is setting up a Mineral Rights Board to replace the current licensing advisory committee, as it embarks on implementing the new Mining Act.
Mining Cabinet secretary Dan Kazungu yesterday said the board will oversee licensing and leasing, and is expected to reduce the time taken to process an application via the newly launched mining register portal.
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