Guernsey-incorporated Shanta Gold plans to invest Sh17.5 billion ($161 million) in pre-production capital expenditure in its gold mining activity in western Kenya.
The firm said it expects the mine in the Lirhanda corridor— a 1,161 square kilometre area that straddles Kakamega, Kisumu, Siaya and Vihiga counties —to have a productive life of nine years should it be confirmed to be economically viable.
