Kenya senate passes new mining bill

[] – KENYA’S senate passed a mining bill on July 29 that will give the East African government a 10% stake in new projects, said Reuters.

The bill was approved by the national assembly last year and now needs to be signed by President Uhuru Kenyatta, which is usually a formality, it said.

Kenya exports titanium, fluorspar and manganese and has reserves of coal, niobium and rare earths, but mining currently accounts for less than 1% of its economic output.

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