Africa Environment & Legislation: Mining Law gets green light in Kenya’s senate

The regulation is being drawn up with the assistance of mining and oil sector operators
The bill was approved by the national assembly last year and now needs to be signed by President Uhuru Kenyatta.

Kenya’s mining ministry on Wednesday said the country’s senate had passed a mining bill which will give the government a 10% stake in new projects, taking it a step closer becoming law. The bill was approved by the national assembly last year and now needs to be signed by President Uhuru Kenyatta, which is usually a formality.

Kenya exports titanium, fluorspar and manganese and has reserves of coal, niobium and rare earths, but mining currently accounts for less than 1% of its economic output.(Reuters, Miningweekly)

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: