NAIROBI, Kenya, May 22 – The value of Kenya’s minerals hit Sh23. 2 billion in 2016 a slight decline from Sh24 billion in 2015 affected by poor performance in Gold production.
Data from the Kenya National Bureau of Statistics shows the total value of Gold mined went down by 33 percent to Sh653 million in 2016 from Sh979 million in 2015.
Rutile is the best performing mineral with the value mined at Sh6.8 billion followed by Soda Ash at Sh6.7 billion.
Soda Ash value has however been going down since 2014 where it was at Sh8.4 billion, while in 2015 the value was at Sh7 billion.
Diatomite value has stagnated at Sh71 million for the last three years while fluorspar’s value has been decreasing by about Sh400 million for the last three years.
Base titanium, the largest mining firm in Kenya accounted for 57 percent of Kenya’s mineral output in the period under review contributing mineral sands that include Limenite, Rutile and Zircon worth Sh13.2 billion.
Value of traditional commodities was at Sh10 billion in 2016 a slight decline from Sh11 billion in 2015.