Base Resources exempt from Kenyan equity scheme

By Siobhan Lismore-Scott
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...

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