Titanium miner eyes Tanzania as Kenya withholds licences
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Nairobi, May 29 -- Kwale miner Base Titanium has shifted its exploration for new mineral resources to Tanzania as Kenya maintains a ban on issuing new licences.
The firm says the activities at the Tanzanian site of Umba South have resulted in the discovery of rutile and graphite deposits following the drilling of 122 holes in a three-kilometre stretch.
Its parent firm Base Resources, which is based in Australia and is also looking to set up a titanium mining operation in Madagascar, made the disclosures in an update.
"With the company unable to carry out exploration activities in Kuranze (Kenya) due to its prospecting licence applications for that area being on hold following the Government of Kenya's ongoing moratorium on the issuance...
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