A Memorandum of Understanding (MOU) has been signed by the National Mining Corporation (NAMICO) and Dehai Kenya Mining Ltd. The Agreement was signed by Madam Chen Zuxia of Dehai Kenya Mining Ltd. and Mr. Edward Omito, Chief Executive Officer of NAMICO, in order to open the door for significant investments in Kenya’s mining sector. Hon. Joseph Lagat, Chairman of the NAMICO Board, was present when the signing took place. In order to put together a group of investors interested in manganese, copper, zinc, gold, and lead, the Dehai Company is currently preparing for this. We all feel quite excited about the new development and think it will be a major milestone in the development of the mining industry in the country.
NAMICO will collaborate closely with the investor to ensure the success of the investment vision. NAMICO is committed to ensuring responsible mining practices, as the cooperation between Dehai Kenya Mining Limited and the National Mining Corporation promises a win-win opportunity for both parties. We will provide additional updates on the status of this historic relationship.