Today, the PS Elijah Mwangi, CBS, joined the Cabinet Secretary (CS) for Mining, Blue Economy and Maritime Affairs Salim Mvurya during the signing of four key Mining Regulations that are central to catalyzing growth and development of Kenya’s mining sector.
1: The Mining(Mine Support Services)(Amendment) Regulations,2024
2: The Mining(Gemstone Identification and Value Addition)(Fees) Regulations,2024
3: The Mining(Dealings in Minerals Amendment) Regulations,2024
4: The Mining(Licence and Permit)(Amendment) Regulations,2024
While each regulation speaks to a critical component in the mineral and mining eco-system, they jointly seek to address the vital aspects touching on mineral development, mining sustainability, value-addition and mining sector promotion.
Amongst the historic milestones achieved through these new regulations is the introduction of a Mineral Development Levy that shall be dedicated towards the promotion of sustainable mineral resource development in Kenya. The levy will be applied to all minerals including salt and cement.
The new regulations also reviewed the charges pertaining to application and processing of mineral licenses in Kenya.
The State Department for Mining is committed to continually develop and review regulations to promote miners and drive strategic investments in the mining sector.