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National Mining Corporation (Namico)

  • 采矿
  • 肯尼亚

  • NAMICO is the investment arm of the national government in respect to minerals with powers to; Engage in mineral prospecting and mining and any other related activities, invest on behalf of the national government. Acquire by agreement or hold interests in any undertaking, enterprise or project associated with the exploration, prospecting and mining.

From BHRC ? This section is a non-exhaustive snapshot of company behaviour recorded by BHRC. We record allegations of abuse, seek company responses, profile lawsuits, and record attacks against Defenders working on business issues.

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有相关置评请求的故事 ? We sought responses from National Mining Corporation (Namico) to the allegations raised in these stories. Find out more about our Company Response Mechanism.

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National Mining Corporation (Namico) has been referenced in news articles and reports on our website.

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The acronym NAMICO refers to the National Mining Corporation of Kenya. It serves as the investment arm of the Kenyan government in the minerals sector, with a mandate to explore, develop, and manage mineral resources. Overview

  • Establishment: NAMICO was established in 2014 under Kenya's Mining Act, 2016.
  • Mandate: Its primary goal is to maximize the value of Kenya's mineral wealth through strategic investments and public-private partnerships, ultimately contributing to the nation's economy.
  • Functions: Key functions include mineral prospecting, mining, value addition (processing), acquiring interests in mining projects, and marketing Kenyan minerals locally and internationally.

Operations and StrategyNAMICO holds a 15% free carried interest in all medium- and large-scale mining licenses in Kenya, a mechanism to ensure national participation and benefit from mineral extraction. The corporation's focus is on value addition and processing to move beyond simply exporting raw materials. For more detailed information, visit the official National Mining Corporation Kenya website.