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Landowner, 86, embroiled in land tussle with gold mining firm

Landowner, 86, embroiled in land tussle with gold mining firm
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Karebe mining firm roars back to life after disruption

THE STANDARD RIFT VALLEY The actual area where Karebe Gold Mining Company has been conducting actual mining.[Jeckonia Otieno, Standard] Karebe Gold Mining Limited in Nandi County has welcomed the government’s decision to renew its mining licence for 25 years. The firm, which revived the mine after a 45-year lull, was forced to close operations due to a barrage of court cases. Karebe Chief Financial Officer Jeremy Froome said they were returning back to business after disruption of operations last year. “Mining operations take a long time to establish. We’ve managed to build steady revenue source from gold streams here. We have built three mines, and we believe we can regularly provide sales and royalties calculated at 5 per cent of revenues on top of other taxes for the next 20 years to 30 years from what we can see underground,” Froome told 

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