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Kenya trails peers as mining destination

NAIROBI: Kenya is rated as the worst mining destination in Africa and only slightly better than Hungary and Malaysia in terms of global rankings, according to the 2014 Fraser Institute Annual Survey of Mining Companies.

The survey, which canvasses the views of mining executives from around the world, has placed Kenya at 120 out of 122 jurisdictions worldwide. Kenya's performance was dismal in terms of its policy perception index and best practice mining potential.

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