Latest Kenya Minerals and Mining tenders. Discover new opportunities for Minerals and Mining tenders daily and win lucrative contracts across Kenya.
Kenya boasts vast mineral resources, including gold, iron ore, titanium, rare earth minerals, and gemstones. Although currently a small contributor to the GDP, the mining sector holds immense potential for growth.
Key Figures:
Current contribution to GDP: Less than 1%
Potential contribution: 4-10%
Total mineral production (2010-2014): 1.4 million tonnes to 1.7 million tonnes
Value addition by mining and quarrying to GDP (2022): 120.3 billion Kenyan shillings (US$826 million)
Government procurement plays a crucial role in bolstering the Kenya mining industry. The government actively seeks various products and services to support exploration, extraction, and processing of minerals.
Main Products and Services:
Exploration equipment and services
Mining machinery and equipment
Mineral processing equipment and services
Laboratory equipment and services
Environmental management services
Security and logistics services
Several government agencies oversee the procurement process for minerals and mining:
State Department of Mining: Responsible for formulating and implementing mining policies and regulations.
Public Procurement Oversight Authority: Oversees the entire government procurement process to ensure fairness, transparency, and accountability.
National Treasury: Allocates funds for various government projects, including mining.
Many companies have successfully secured government contracts in the Kenya mining sector, including:
Agnico Eagle Mines: Gold mining company awarded a contract for exploration and mining in Kitui County.
Rio Tinto: Diamond mining company with a long history of operations in Kenya.
Freeport-McMoRan: Mining giant with potential interests in exploring copper reserves in Kenya.
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