Kenya to increase mining licence fees by up to 900%

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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.

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