Kenya's Kwale embarks on production this month after two decades of false starts

摘要

The Kenya government is expected to rake in $300-million in taxes and royalty payments over the life of the mine, and will also reap considerable indirect taxation benefits. Base Resources, which acquired the project from Tiomin Resources, of Canada, has already secured markets for the minerals in the US, Japan, Saudi Arabia and parts of Europe. The company has received a five-year commitment from an American company for the purchase of all the rutile to be extracted, while negotiations for supply agreements for the ilmenite and zircon extracts are under way.