Market News

 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 min . . .

 The government officials as well as AB Minerals and Destiny Minerals and Agriculture Consultant (DMAC) representatives met here recently to discuss a project for a plant that will be constructed in Dar es Salaam to add value to tantalum and niobium. It is known that Rwanda, Burundi, Mozambique . . .

 Significant mineralisation intersection at the Casa mining project, in the Democratic Republic of the Congo was reported by the Aim-listed Ortac Resources on Thursday The new gold assay results emerged from the expansion and infill drill programme currently under way at its Akyanga gold depos . . .

 New designs of electronic protection and control relays as well as cable-theft detection, in diverse industries, including ventilation and cooling applications in mining and quarrying have been introduced by Mining system solutions supplier Becker Mining South Africa’s Proloc and ProBeck . . .

 World Bank ranked Kenya  among the top 3 most improved economy in terms of ease of doing business in 2016, however in the same year according  to Fraser Institute global survey report the country also improved 16 places in terms of being a global mining destination   &ldqu . . .