Kenya to increase mining licence fees by up to 900%

By
Published: Wednesday, 26 March 2014

The East African country is home to a number of industrial mineral projects including mineral sands and rare earths, but sharp increases in licence charges aimed at increasing mining’s GDP contribution could jeopardise future investment in the sector.

By Allan Bariyo

Kenya's Mining Ministry is in the final stages of publishing the new charges for mining and exploration licences.

The cost of the licences is likely to increase by 900%, government sources revealed to IM, a rumour that is unsurprisingly raising concern among international miners in the country.

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


           



Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.