Market News

The Mining ministry has adopted an online portal in a fresh campaign to boost transparency in the issuance of licences even as the industry awaits new laws to spur investments. The transactional Mining Cadastre Portal (OTMCP) launched last week by Deputy President William Ruto will track all mining . . .

Kenya's mining revenues stood at Sh600 million in the first half of the 2014/2015 financial year, boosted by royalties from increased mineral exploration, Cabinet secretary Najib Balala said yesterday.   "We are hopeful that the Sh1.2 billion target for the current year will be achieved by en . . .

Australia's Base Resources expects revenue from its Kenya titanium mine to climb 12 percent in its next financial year to June 2016 due to an 8 percent rise in export volumes, Managing Director Tim Carstens said on Tuesday. East Africa's largest economy is seeking to expand its relatively modest and . . .

 Kenya's mining revenues stood at Sh600 million in the first half of the 2014/2015 financial year, boosted by royalties from increased mineral exploration, Cabinet Secretary Najib Balala said yesterday.   "We are hopeful that the Sh1.2 billion target for the current year will be achieved . . .

Project in Uganda also involves steel production, plants making fertiliser and acid, a power plant and more   A mining development deal in Uganda, one of the largest foreign-invested projects in the East African country that incorporates mining, fertilizer manufacturing, steel production and . . .