African Stories in Perspective
African Stories in Perspective
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 […]
Taita Taveta, Kenya — Tension is mounting in Taita Taveta County after members of the Kishushe Ranchers Cooperative Society Limited accused powerful investors and a section of county officials of attempting to push mining consents without the involvement of legitimate landowners. The ranchers say the alleged illegal consents have created confusion within the Ministry of […]
KAKAMEGA, Kenya — British mining firm Shanta Gold Limited has announced the discovery of one of Kenya’s largest gold deposits to date, valued at approximately KSh 683 billion, in Kakamega County. According to an Environmental Impact Assessment (EIA) report submitted to the National Environment Management Authority (NEMA), Shanta Gold’s Kenyan subsidiary confirmed the presence of […]
GABORONE – Botswana has enforced a new rule requiring mining companies to sell a 24% stake in new concessions to local investors if the government chooses not to buy the stake, its mines ministry said on Friday. The rule was proposed last year as part of draft legislation, but the government had not said when […]
New York / Nairobi – As President William Ruto addresses the United Nations General Assembly this week, seeking to reassure the world of Kenya’s commitment to investment and reform, a different story is quietly unfolding at home. International investors and donors, long regarded as Kenya’s lifeline, are growing increasingly frustrated by a mining regime that […]
Fighters from the Rwanda-backed M23 movement seized control of a key mining settlement in Democratic Republic of Congo, their latest advance in the country’s war-torn east, local sources said on Sunday. Residents told Prime Africa by telephone that the armed group took control of Lumbishi, a mineral-rich site in the Sud-Kivu region, around 1530 GMT […]
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 […]
