Market News

  • Kenya Look To Put a Stop to Illegal Mining

    Posted on :Friday , 29th September 2017

     Cabinet Secretary for mining, Mr. Dan Kazungu has stressed the importance of everyone involved in the mining trade to adhere to the rules and regulations stated in the Mining Act. He emphasized the need of valid export permits, while conducting business relating to mining.

     
     “A lot of revenue that is meant to be generated through taxation and royalti. . .

  • A road map for a sustainable mining industry in Africa

    Posted on :Monday , 11th September 2017

     Many governments in Africa have made major progress over recent years – we now see mining companies working hard to ‘put back’ in to society through skills development and environmental protection policies. The African mining industry has matured.

     
    Kenya’s 2016 mining act, which forms part of its 20-year mining strategy, specifically set. . .

  • Harmonized policies to underpin mineral resource gains in Africa

    Posted on :Monday , 11th September 2017

     Secretary General of COMESA Sindiso Ngwenya, says, this potential can be sustainably harnessed through establishment of governance structures and leveraging on the existing multinational trade agreements.

     
    Speaking at the Africa Down Under (ADU) conference on mining that is taking place in Perth, Australia 6-8 September 2017, Mr. Ngwenya said sound institutiona. . .

  • China, Kenya sign deal to fund Kenya�s airborne mineral survey

    Posted on :Monday , 11th September 2017

     Mining Cabinet Secretary Dan Kazungu said in a statement released on Wednesday that the National Treasury has signed off a multi-billion-loan agreement with China’s Exim Bank, paving the way for the funding of Kenya’s nationwide airborne geophysical survey.

     
    “The 70 million U.S. dollars project is set to map Kenya’s minerals and natural . . .

  • Kenya: Future Starts to Look Up for Titanium Firm As Prices Soar

    Posted on :Monday , 11th September 2017

     Local mineral producer Base Titanium is headed for a good run as ilmenite and rutile witness an upsurge in prices oversees.

     
    The price of ilmenite has soared due to a dip in supply against an upswing in demand on the international market, while demand for zircon has strengthened owing to lower than anticipated global production of the ore. This has led to an in. . .

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