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State gets Sh400m from mineral sales

Workers at Base Titanium's mineral sand mines in Kwale County. Mineral sand prices are on the rise in the international market. [File, Standard]

The Government has pocketed over Sh400 million over the 12 months to June in royalties from the sale of mineral sands extracted in Kwale County.

Base Titanium, which has been extracting and exporting minerals in the coastal region, said it had paid $4 million (Sh416 million) over the past one year, but was yet to get close to Sh2 billion owed to it in tax refunds.

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