Workers at Phoenix Metals Ltd push bags of minerals after weighing them at the plant yesterday. (John Mbanda)
Workers at Phoenix Metals Ltd push bags of minerals after weighing them at the plant yesterday. (John Mbanda)

China’s Geological Exploration Technology Institute (GETI) is set to begin its aerial mineral survey in February 2018, a Kenya government official said on Friday.

Dan Kazungu, Cabinet Secretary in the Ministry of Mining, told journalists in Nairobi that Exim Bank of China has agreed to fund the exercise that will take three years to complete to the tune of 60 million U.S. dollars.

“The airborne survey is a critical pillar of mining strategy as it will attract investments into the mineral sector by mapping the country’s mineral wealth,” Kazungu said during a media briefing on the upcoming second Kenya Mining Forum that will take place from Dec. 4 to 5.

The forum will provide an investment platform that will bring together stakeholders from across the mining sector. British firm, International Geosciences Services will be the consultant for the mineral survey.

Kazungu noted that less than five percent of the country’s mineral wealth has been located hence the need for a comprehensive study.

He added that great strides have been made in reforming the mining regulatory framework including the operationalization of the online mining cadastre which enables a transparent online application of mining licenses.

The cabinet Secretary said that the government has identified mining and the extractives sector among key economic pillars that will drive the country forward.

The mining ministry is set to launch the mineral value addiction center that will enable Kenya to emerge as a regional mining center in East and Central Africa. Enditem

Source: Xinhua/NewsGhana.com.gh

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