DRILLING CHARGES New drilling charges

(1) The first 50 metres of depth Ksh. 8,000 per metre (2) The next 50 metres of depth Ksh.9,000 per metre (3) The next 50 metres of depth Ksh. 10,000 per metre (4) The next 50 metres of depth Khs. 11,000 per metre (5) The next 50 metres of depth Ksh. 12,000 per metre (6) The next 50 metres of depth Ksh. 13,000 per metre (7) The next 50 metres of depth Ksh. 14,000 per metre (8) The next 50 metres of depth Ksh. 15,000 per metre (9) Beyond 400 metres of depth to be negotiated. Ksh. 800/= per metre

Old drilling charges

ROYALTIES New Royalty Rates (10) (i) (ii) Royalty on extracted minerals 12% of gross sales value for diamonds; 10% of gross sales value for rare earth elements and radioactive minerals; 10% of gross sales value for niobium; 10% of gross sales value for titanium ores and Zircon; 8% of gross sales value for coal; 5 % of gross sales value for gold, silver, platinum and other platinoid group metals; 5% of gross sales value for gemstones; 8% of gross sales value for metallic ores - iron ore, manganese ore, chromium ore, nickel ore, bauxite and other ores; 5% of gross sales value for fluorspar, diatomite, natural carbon dioxide gas, and all other minerals, unless another rate of royalty is prescribed. 2% of gross sales value on gold exported by dealers. 1% of gross sales value on industrial minerals - gypsum, limestone and silica sand. Exports of these minerals will, however, attract a royalty of 5%. 2 % gross sales value for construction materials Fluorspar Ksh. 17/= per tonne Magadi Soda Ksh. 25/= per tonne Crushed refined soda and salt Ksh. 18/= per tonne. Carbon dioxide 7 cts per Kg. Gold 2.5% for Karebe Gold (2009). Gold 5% for Kilimapesa Gold Pty Ltd. (2011) Old royalty rates

(iii) (iv) (v) (vi)

(vii) (viii)

(ix)

(x) (xi)

(xii) (11)

Royalty on dealership in gemstones -

Mineral dealers shall pay royalty at a rate of 5% on exports of raw gemstones and 1% on value added gemstones.

LICENSE FEES Proposed Rates (12) Prospecting Right License preparation fees US$500 for foreigners and 20,000 for locals Annual License fee US$250 for foreigners Prospecting Right Ksh. 250/= and Ksh. 10,000 Mining Deposit Ksh. 2,000/= (13) Exclusive Prospecting License/Special Exclusive Prospecting License & Special License License 250/= per square kilometre subject to License preparation fees US$5000 for a minimum of Ksh. 10,000/=; foreigners and Ksh. 50,000 for locals License preparation fees Ksh. 2,100/= Annual Ground Rent US$250 per Km2 for foreigners and Ksh. 10,000 per Km2 for locals. Mining Claim Ksh. 100/= Mining Lease Ksh. 150/= per hectare (14) Mining License/Lease License preparation fees US$50,000 for Special Mining Lease (License) discretionary rates e.go. Ksh. 20,000/= to Ksh. 500,000/= foreigners and Ksh. 500,000 for locals Annual ground rent US$1000 per Km2 for Transfer of mining claim Ksh. 200/= foreigners and Ksh. 100,000 for locals Transfer of License - Ksh. 600/= (15) Mining Location (up to 10 claims) Registration fees Ksh. 10,000 per claim Annual ground rent Ksh. 20,000 per claim Old License Fees