Other Mining Services The Government Could Make Use Of
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.
Confessions of an Economic Hit Man
Now that Kenya is set to enter the league of oil-producing nations, the country may want to examine a little more closely its relationship with foreign governments and companies seeking to extract oil and other natural resources from our land and shores. John Perkins’s book, Confessions of an Economic Hit Man, might be a good place to start.
Oil’s Well in Kenya
Kenya formally announced oil discovery in Turkana (Ngamia 1 wildcat well, Lokichar Basin) in 2012 and this was met with a lot of optimism and “Jubilation” (for lack of a better word). The initial estimates of the prospect was 250 million barrels in blocks 10BB and 13T. The oil find was sweet (Low Sulfur content) waxy with an API value of above 30°(density)[THE WAXY PART IS WORTH NOTHING].
Niobium | Mineral Monday
There was national excitement when Kenyans heard that Cortec Kenya Mining had discovered niobium worth Sh. 51 Trillion in Kwale’s Mrima Hills. Isn’t that exciting? But what really do we know about niobium? Other than it is in Kenya?
Why Not Balala? We Have No Choice Either Way
For the past two months we have constantly been taken through the murky waters of the mining industry in Kenya. From the bribes to the dictatorial leadership at the helm of the ministry to allegations and their equal counters.
GOLD | Mineral Monday
Gold is one of the most common precious metal ever. But what exactly do you know about it? Well thank goodness you are subscribed to RocKeSci because now you will get to know even more about gold. Other than it’s yellow. And kinda expensive.
Current Legislative Framework on Mining
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.