NAIROBI,Kenya-Australia has entered the intensifying global race for Kenya’s estimated $62 billion (Sh18 trillion) rare minerals deposits in Mrima Hills, Kwale County, a move that further elevates the country’s profile as a potential critical minerals powerhouse even as investors grow increasingly frustrated by licensing delays at home. Canberra formally expressed interest in the strategic deposits […]
Nairobi, Kenya — Kenya is looking to draw lessons from Australia’s world-renowned mining sector as it eyes new partnerships to unlock the potential of its underdeveloped mineral industry and boost economic diversification. Prime Cabinet Secretary and Foreign Affairs Minister Musalia Mudavadi on Monday said Kenya plans to deepen cooperation with Australia in the extractives sector […]
Kenya’s Mining Act 2016, once lauded as a landmark in modern resource governance, is now drawing criticism from industry experts and investors who say it deters long-term investment. A comparative analysis by policy and legal experts shows that, when measured against the standards of established mining jurisdictions such as Australia, Canada, and the United States, […]
Summary U.S.-Australia rare earths deal aims to counter China’s supply control U.S. and Australia to invest $1 billion each in mining projects Trump backs AUKUS submarine deal despite prior review Trump tells Ambassador Rudd, a former PM: ‘I don’t like you either’ U.S. President Donald Trump and Australian Prime Minister Anthony Albanese have signed a […]
The company is expediting the restoration of mined-out areas following the depletion of mining reserves, with plans to cease operations by December 2024. The company has been mining rutile, ilmenite, and zircon, all precious minerals, since 2013, accounting for approximately 65 percent of Kenya’s mining industry by mineral output value. The rehabilitation of mined-out areas […]
