Market News

  • KENYA MINING INDUSTRY SET FOR A BOOM AS GOVERNMENT INVESTS INTO THE SECTOR

    Posted on :Tuesday , 23rd April 2019

    The Petroleum and Mining Ministry has been focusing on helping small scale miners in the west of the country Kenya and is now planning to set up a gold refinery. Seeking professional advise on its construction the government is inviting consultants.

    Though its mining sector is a relatively a small contributor to nation. . .

  • ACACIA CHANGING THE FOCUS OF MINING IN KENYA

    Posted on :Monday , 1st April 2019

    Proven deposits’ of titanium, gold and coal are found in Kenya, though mining is relatively a small contributor to the nation’s output. However, revenues seem to grow as new mines begin their production. The new refiner shall provide services to help many vulnerable artisanal as well as small-scale miners and other local producers meet international standards are mentioned in the st. . .

  • Kenya's upcoming gold refinery to benefit small miners

    Posted on :Tuesday , 29th January 2019

    Kenya has proposed to set up a gold refinery in the west of the country to help small scale miners and the government is seeking consultants to advise on its construction, the Petroleum and Mining Ministry said on Friday.

    Kenyan mines have proven deposits of titanium, gold and coal but its mining sector is a relatively small contributor to national output. Nonetheless, revenues are expe. . .

  • Simret, a high-grade silver discovered in East Africa

    Posted on :Tuesday , 11th December 2018

    Altus Strategies a UK-based mining company, announced the revelation of what the company calls “the Simret silver prospect” at its 100%-owned Daro project, located in the Tigray Regional State in East Africa.

    In a media statement, the project generator MNC said that Simret showed silver grades that include . . .

  • Kenya mining industry set for a boom

    Posted on :Thursday , 22nd March 2018

     A new mining act signed into law by President Uhuru Kenyatta could see Kenya’s nascent mining industry finally come into its own. Oil companies, like UK’s Tullow Oil, have been prospecting in Kenya for a few years now, and they are expected to start production by 2021. Due to a mining law passed late 1940 combined with geological data that was 32 years older than that, Kenya m. . .

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