Deal #5909

Location #1

Spatial accuracy level
Exact location
Location
Lolgorien, Kenya

Latitude
-1.2417139623324687
Longitude
34.81044905408707
Target country
Kenya
Comment on location
South Western Kenya Kilimapesa Hill. located at Lolgorian area in Transmara

Land area

Size under contract (leased or purchased area, in ha)
21300
Comment on land area
prospecting area 213 sq km. exploration licence converted into a mining licence.

Intention of investment

Intention of the investment
Mining (21300 ha)
Comment on intention of investment
gold

Nature of the deal

Nature of the deal
Exploitation permit / license / concession (for mineral resources)

Negotiation status

Negotiation status
Concluded (Contract signed)

Implementation status

Implementation status
[2012] In operation (production)
[2013] Startup phase (no production)
[current] In operation (production)
Comment on implementation status
first gold poured 2012. Placed on care and maintenance in 2013.

Contract farming

Contract farming
No

Operating company

Name of investment project
Lolgorien licence area
Comment on investment chain
Goldplat plc- acquired 100% stake in 2009- previously they had a 50% JV. Goldplat Plc will sell part of its equity in the loss-making goldmine.

 

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Data source #1

Data source type
Company sources
File

Data source #2

Data source type
Company sources
File

Data source #3

Data source type
Media report
File
Comment on data source
Goldplat Kilimapesa Gold Project

Data source #4

Data source type
Media report
File
Date
2017-02-07
Comment on data source
Goldplat commissions new processing facility at Kenya’s Kilimapesa Gold Mine

Data source #5

Data source type
Media report
File
Date
2017-07-11
Comment on data source
Goldplat goes for gold with Kilimapesa profitability strategy

Data source #6

Data source type
Media report
File
Date
2013-06-06
Comment on data source
Goldplat puts Kenyan mine on care and maintenance

Data source #7

Data source type
Media report
File
Date
2017-06-21
Comment on data source
Goldplat upbeat as Kilimapesa gold mine swings into profit

Data source #8

Data source type
Media report
Publication title
Goldplat to sell part of its Kilimapesa shareholding
Date
2018-10-02

Detailed crop, animal and mineral information

Resources area
[current] Gold

Use of produce

Has export
Yes

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
new plant was commissioned in February 2017

Water extraction envisaged

Water extraction envisaged
Yes

May 13, 2019, 11:55 a.m.

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Jan. 23, 2018, 4:26 p.m.

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