British firm pays Sh650m to mine Lirhanda gold (Western Kenya)

[Image source: Green Biz]

[Source: Daily Nation, by Caroline Wafula and Derick Musalia]

That residents of parts of western Kenya are literally sitting on billions of shillings in gold deposits became evident on Wednesday when a British company said it has acquired a firm that is prospecting for the mineral in the Lirhanda corridor.

Tanzania-based Shanta Gold Ltd acquired the project from Acacia Exploration (Kenya) Ltd that was originally owned by Acacia Mining before being sold to Barrick Gold Corp.

Barrick announced in a press release on Wednesday that…

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[Image source: Green Biz]

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