Speculators hit as 91pc of mining permit bids rejected

Principal Secretary for Mining Elijah Mwangi speaks during an interview on September 19, 2024 at Public Works Building. 

Photo credit: Billy Ogada | Nation Media Group

Kenya has rejected more than 90 percent of applications for mining and prospecting licences and permits since process was re-opened about a year ago, the Mining Ministry has said, pointing at increased speculative bids.

The State Department of Mining said that of the 1,161 applications evaluated, only 95 met the requisite financial, technical, and environmental conditions set out in the law.

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Note: The results are not exact but very close to the actual.