Hello

Your subscription is almost coming to an end. Don’t miss out on the great content on Nation.Africa

Ready to continue your informative journey with us?

Hello

Your premium access has ended, but the best of Nation.Africa is still within reach. Renew now to unlock exclusive stories and in-depth features.

Reclaim your full access. Click below to renew.

Politicians call for probe into Sh164bn gold mining deal

John Munyes

Mining and Petroleum Cabinet Secretary John Munyes.

Photo credit: File

What you need to know:

  • Acacia Mining, is expected to start exploring for gold on the Lirhanda Corridor, which straddles Kakamega, Vihiga, Kisumu and Siaya counties, in 2022.
  • Acacia Mining estimates that there are 1.31 million ounces of inferred gold resource worth Sh164 billion on the Lirhanda Corridor.

A lucrative Sh164 billion gold exploration deal in western Kenya has run into political headwinds, with some local leaders demanding full disclosures about the UK-based company awarded the contract by the government.

The company, Acacia Mining, is expected to start exploring for gold on the Lirhanda Corridor, which straddles Kakamega, Vihiga, Kisumu and Siaya counties, in 2022.