Sharp Daily
No Result
View All Result
Saturday, July 19, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Base Titanium seeks new prospecting license in Kwale

Derrick Omwakwe by Derrick Omwakwe
July 17, 2024
in News
Reading Time: 2 mins read

Base Titanium has applied for a prospecting license to explore Titanium, Rutile, Zircon, and Ilmenite minerals in Kwale County.

The Ministry of Mining, Blue Economy, and Maritime Affairs has issued a public notice inviting the public to provide feedback on the license application within 21 days.

Late last year, the company announced that once the current Kwale Ore Reserves are exhausted by December 2024 as anticipated, Kwale Operations will transition to post-mining activities as planned.

Objections to any prospecting license can be submitted to the Cabinet Secretary within 21 days from the date of the notice.

RELATEDPOSTS

No Content Available

“The application can be accessed through the Ministry’s portal at https://portal.miningcadastre.go.ke and is also published in the Kenya Gazette, open for public comment for 21 days from the date of the notice,” stated Salim Mvurya, former CS Ministry of Mining, Blue Economy, and Maritime Affairs.

Tim Carstens, Managing Director of Base Resources, noted that the company has explored all options to extend the life of Kwale Operations. However, despite significant efforts and strong local community support, Base Titanium has not found additional mineral deposits of sufficient grade or scale to justify a further extension.

“Our focus at Kwale now shifts to detailed closure planning and transitioning to post-mining land use, while ensuring we continue to safely extract maximum value from the remaining ore reserves. Kwale Operations has been the cornerstone of Base Resources, and while it will be disappointing to conclude a project we take great pride in, we view the transition to post-mining as an opportunity to solidify our reputation for excellence throughout the mining life cycle,” Carstens added.

Previous Post

Senate halts Ruto’s health insurance plan over constitutional issues

Next Post

Inverted Block Drainage: The urban solution to stormwater management

Derrick Omwakwe

Derrick Omwakwe

Related Posts

Business

Del Monte foods files for bankruptcy in USA

July 3, 2025
News

Private vs Public Pension Funds in Kenya

June 30, 2025
Investments

Investor shift to long term bonds drives oversubscription in CBK’s reopened auction

June 19, 2025
News

The real price of Israel – Iran Conflict for Kenya.

June 19, 2025
Economy

Resilient but strained: Kenyan firms speak out in May 2025 CEO survey.

June 19, 2025
News

Co-op Bank posts KES 6.9 billion profit in Q1’2025

May 16, 2025

LATEST STORIES

Invest in stability: introducing the Cytonn USD money market fund

July 18, 2025

The Importance of Asset Diversification on Kenyan Pension Funds

July 18, 2025

Park your money where it grows: Why more Kenyans are turning to Cytonn Money Market Fund

July 16, 2025

Strategies to boost alcohol and tobacco tax revenues

July 16, 2025

Kenya’s reactive monetary policy

July 16, 2025

Why Employers Should Prioritize Pensions Over One-Time Gratuity Payments

July 10, 2025
Business and Finance Concept - Coin, Currency, Financial Item, Graph,

Opinion: Why lower taxes may be Kenya’s only escape route

July 10, 2025

Nvidia becomes the first company globally to hit USD 4.0 trillion market value

July 10, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024