Mineral Dealer Licensing in Kenya
Suppose you want to deal in minerals in Kenya. In that case, you must obtain a license or permit from the Cabinet Secretary—Kenya’s Departments of Mines and Geology process mineral dealer licensing via the Mining Cadastre Portal. Mineral prospecting, mining, dealership, and export licenses have different requirements and registration processes.
Types of Mineral Licenses in Kenya
- Mineral dealer’s license
- Mineral dealer’s permit
- Export permit
- Import permit
Mineral dealer licenses are generally issued to the following: • Export by a holder of a mining license, mining permit, and artisan mining permit • Removal of minerals by a holder of a mineral right for sampling, assay, or analysis • Buying and selling of any mineral in Kenya or export by a person other than a holder of a mineral right • Import of any mineral • Any other person who is not a holder of a mineral right, dealers licenses, and permits but requires the removal of minerals for analysis or testing for purposes other than exploration or mining.
Requirements for Mineral Dealer License in Kenya
- The full name, nationality, contact and physical address of the applicant.
- In the case of a company, a Copy of the certificate of incorporation, Copy of memorandums and articles of association
- Work or Investor Permit for foreign applicants.
- The name of the mineral or minerals for which the license is sought
- A certified or signed statement or formal letter of intent from a bank or any financial institution of the funds available to the applicant
- Financial Information in the case of Export Dealers
- Description of the knowledge or experience of the applicant about any previous dealings in minerals
Type of Minerals in Kenya. A licensed mineral dealer in Kenya can deal in the following minerals:
- Construction and Industrial Minerals [gypsum, limestone, diatomite, etc.]
- Precious Stones [diamonds, emeralds, rubies, etc.]
- Precious Metals [gold, platinum, etc.]
- Semi-Precious Stone Group [amazonite, amber, cheryl, etc.]
- Base and Rare Metals [Copper, manganese, tantalum, etc.]
Obligations of a Licensed Mineral Dealer in Kenya. A newly licensed Mineral Dealer shall:
- Carry out mineral dealings by the conditions set out in the permit
- Commence mineral dealings within thirty (30) calendar days from the date the permit was granted
- Buy the minerals specified herein from only holders of Artisanal mining permits, Mining permits, Mineral dealer’s permits or license
- Sell the mineral to the National Mining Corporation or to any person who is lawfully entitled to deal in minerals in Kenya that the Cabinet Secretary may direct
- Keep a register of the mineral dealings in the prescribed form
- Record the following information regarding each transaction: the name and weight of the minerals purchased or sold, the price paid or received for the minerals, the date of the purchase or sale, and the name and address of the vendor or the purchaser.
Contact rna@raynessanalytica.com for more insights and consultation options regarding your mining licensing and requirements.
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