This archive report was first published on 25 September 2019.
On September 25, 2019, the government approved the granting of a mining licence to London-based Red Rock Resources, which plans to produce gold in Migori at a site with deposits of the precious metal valued at more than Sh180 billion.
The approval of Red Rock's application by the Mining Rights Board (MRB) has been uploaded on the Ministry of Petroleum and Mining's website.
Red Rock, however, noted that grant of the licences remains subject to the approval of the Mining Cabinet Secretary (John Munyes).
The multinational says that upon receipt of official confirmation of the intended grant, it will be invited to fulfill fee payment and registration requirements.
Red Rock's chairman, Andrew Bell, said in a trading update, "We are entering the last stage of what has been a lengthy process, and thank all involved. We look forward to the confirmation of grant, and to renewing progress towards our aim, which is to have a producing gold mine."
Red Rock had previously settled a court case with the government which had terminated its mining licence in May 2015.
