Home Business Licence freeze stalls Kwale titanium miner expansion

Licence freeze stalls Kwale titanium miner expansion

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Business Daily | by Patrick Alushula

The government’s blanket freeze on the issuance of new prospecting licences to miners has stalled expansion activities for Kwale titanium miner Base Resources.

The Australian-based firm, with mining activities in Kenya and Madagascar, says the freeze has seen its applications for an expanded area for mineral exploration at the Kenyan coast take longer-than-expected to be approved.

“A government moratorium placed on the issuance of prospecting licences in November 2019 has affected the progress of all licence applications…

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