There wasn’t really a mining industry in Kenya until three years ago. Mining Minister Dan Kazungu has now written a new strategy that spans 20 years in the hope to see 10% of GDP coming from mining by 2030, and includes plans for up to 20 new mines.
GDP From Mining in Kenya increased to 15023 KES Million in the third quarter of 2020 from 13248 KES Million in the second quarter of 2020. source: Kenya National Bureau of Statistics 3Y 10Y 25Y
Kenya has no significant mineral endowment. The mining and quarrying sector makes a negligible contribution to the economy, accounting for less than 1 percent of gross domestic product, the majority contributed by the soda ash operation at Lake Magadi in south-central Kenya.
Kilimapesa sale progresses as Kenyan Ministry, competition authority give their nod. The Kenyan Ministry of Petroleum and Mining and the Competition Authority of Kenya have approved a transaction whereby Mayflower Capital Investments intends to acquire the Kilimapesa gold mine, in Kenya.
Mayfox Mining Company Limited is an indigenous Kenyan owned mineral exploration company which began operations in 2012. The company was founded by Kenyan industrialist and current Chairman of the Board, Manga Mugwe. It has since been exploring in Turkana County, Kenya and Busia, Uganda for gold (Au) and other precious minerals.
The goal of this Mining Cadastre Portal is to provide an electronic platform for all stakeholders in the mining sector in Kenya to engage directly with the Ministry of Mining. Before using the Mining Cadaste Portal, you must first Register for access. Existing mineral rights holders
KCM is the only private sector body that can give Kenya’s mining industry a voice and engage effectively with the Government on the issues the industry is facing.