Mining ministry hosts sector stakeholders

Source: hivisasa

The Ministry of Mining will hold the second edition of the annual Kenya Mining Forum in Nairobi that is expected to be opened by President Uhuru Kenyatta.

The two-day event will showcase Kenya’s mineral potential in prospecting, exploration, and mining as well as attract business for financial institutions, technology solution providers while encouraging capacity building in mining-related professions.

The forum is expected to afford the country a great opportunity to showcase its mineral wealth and also encourage mineral-rich communities to embrace mining as an economic activity that has immense potential to transform not only the socio-economic wellbeing of Kenyans but also contribute to the national economic growth.

According to Mining Cabinet Secretary, Dan Kazungu, since the country held the first forum last year, the Kenya has jumped sixteen positions in the world’s most attractive mining investment destinations ranking globally from position 102 to 86, according to a 2017 survey released by Fraser Institute.

This has been attributed to the reform agenda instituted by the ministry that has seen the development of the Mining Act 2016, comprehensive and progressive mining regulations and geodata.

“The ministry is glad that the government has recognized mining and extractives among key growth sectors for value addition and job creation over the next five years. Currently, the annual total value of minerals extracted stands at Sh25 billion, excluding construction minerals that are classified as minerals under the newly enacted Mining Act of 2016” Kazungu said.

This year’s forum will compromise of a series of activities including; a strategic two-day conference, business to business (B2B) meetings, minerals and mining equipment exhibitions, free technical workshops, chief executives roundtables among others.

Those to be represented at the meeting include large and small-scale miners; artisanal miners; gemstones and precious metals; exploration companies; finance houses; law firms; technology providers; equipment and service providers. 

| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 |



Tanzania Collected Three Years' Worth of Tanzanite Royalties in Three Months

  1. Dodoma -- The government said on Thursday that it has collected Sh614.67 million as royalty from tanzanite artisanal miners in three months, from January to March this year. This is more than what …
  2. {read by 109 people}


Tanzania: Tanzanite Bows to Govt Pressure

  1. TANZANITE One Mining Company has agreed to compensate and pay all taxes it owes the government, conceding some malpractices in its operations in the country. Chairman of President John Magufuli for…
  2. {read by 104 people}


Mining ministry plans support for artisanal gold miners

  1. The Ministry of Mining has dispelled claims it has shut down gold mining activities in Migori. The ministry however says there is need to empower gold miners with technical capacity and machinery t…
  2. {read by 123 people}


Artisanal gold miners in Nigeria seek government help

  1. Artisanal gold miners in the Niger state of Nigeria are asking the Muhammadu Buhari government to help them operate under conditions that allow them to take better care of the environment and contribu…
  2. {read by 197 people}


EDITORIAL: Improve miners' welfare

  1. Reports that a gold mining firm has applied for a licence to extract the precious metal from the leftovers of small-scale miners in Migori is a clear sign that the local residents have been left to th…
  2. {read by 223 people}


Need to improve miners safety and health standards

  1. ARTISANAL and small-scale gold mining (ASGM) is undoubtedly a growing sector that contributes significantly to the growth of the country’s economy. Although, there are no official statistics, estimat…
  2. {read by 226 people}



khjg