Mining or The Mara?
The discovery of minerals has brought about cautious optimism in the country. However I do think Kenya would reap from the many benefits of the mining industry which doesn’t necessarily mean that we have to wait 10 years to start enjoy our oil finds or industries running on the coal found in Kitui. I think outsourcing of services and labour would be far more beneficial.
The Mining Act 1940 (chapter 306 of the Laws of Kenya) (the “Mining Act”) regulates all mining activities in Kenya. The Commissioner of Mines and Geology (the “Commissioner”), heads the Department of Mines and Geology and is responsible for overseeing mining research and policy as well as implementing the Mining Act.
The ownership of all mineral deposits vests in the Government. In order to carry out mining activities, an investor must apply to the Commissioner to the necessary right, licence or lease as set out below in summary.
The Mining Bill 2013 comes after months of vicious behind-the-scenes lobbying often pitting local mining interests against foreign miners. Being the first major review of the 1940 Mining Act, it comes with strict stipulations in an effort to safeguard interests of the citizens and Kenya.