Kenya 12, November 2025 - Kenya’s mining sector is set for a major boost after UK-based firm Shanta Gold announced a significant gold discovery in Kakamega County, valued at an estimated Sh680 billion.
According to an Environmental Impact Assessment (EIA) report titled “Shanta Gold West Kenya Feasibility Study: Isulu Bushiangala Underground Mining Project” submitted to the National Environment Management Authority (NEMA), the combined gold resource at Isulu and Bushiangala stands at 1.3 million ounces, averaging 11.43 grams per tonne (g/t). The planned mine is projected to operate for eight years.
The report indicates that the Kenyan government could collect around Sh607.2 million in royalties and an additional Sh193.8 million through the Mineral Development Levy once production begins.
To bring the project to life, Shanta Gold plans a Sh27 billion capital investment, with annual operational expenses expected to reach Sh2.5 billion. The proposed mining operation will employ underground extraction methods and feature essential infrastructure such as a processing plant, tailings storage facility, waste rock dumps, power and water systems, and administrative buildings.
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The site, located in Ikolomani Constituency, will impact communities in Idakho North and Idakho Central wards, where some residents are expected to be relocated. Compensation and resettlement will comply with Kenyan land laws and international standards, notably the IFC Performance Standard 5 on Land Acquisition and Involuntary Resettlement.
A Resettlement Policy Framework (RPF) has already been developed to guide the creation of a Resettlement Action Plan (RAP) that will address compensation, land acquisition, and the protection of affected cultural or community assets.
If fully implemented, the Isulu Bushiangala gold project could become one of Kenya’s most significant underground mining ventures , spurring job creation, infrastructure development, and boosting mineral revenues for the country’s growing extractives sector.
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