Base Resources exempt from Kenyan equity scheme
Published: Friday, 23 November 2012
Lawyers say licence regulation cannot legally apply to Kwale minsands project
Australian mineral sands developer Base Resources Ltd
emphasised this week that the 35
% minimum equity participation in mining licences will not
apply to its Kwale project in Kenya.
In October, the Kenyan government announced that it will
require all new mining licences to...