A British mining company, Shanta Gold Kenya Limited, has announced a groundbreaking discovery of gold deposits worth over $5.28 billion in western Kenya’s Kakamega County. This historic find follows years of exploration and drilling and includes the discovery of high-grade ore suitable for commercial mining.
Shanta plans to invest $208 million to develop a mine and processing plant, potentially establishing Kenya’s first large-scale underground gold operation.
Officials and experts say the discovery could transform Kenya into a major East African gold producer—historically dominated by Tanzania and Sudan—while boosting local jobs, business opportunities, and government revenue.
Feasibility studies are underway as the project positions Kenya for rapid growth in the global gold market.
