THE GOLD PROCESSING BILL (NATIONAL ASSEMBLY BILLS NO. 46 OF 2023)

domainSenate No. 46 of 2023
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Status Timeline

Proposed

Active now

Public Review

Pending

Debate

Pending

Executive

Pending

Final

Pending

1

Creation of the Gold Processing Corporation

Establishes a centralized body corporate headquartered in Nairobi to oversee the collection, sampling, refining, and transporting of gold. The Corporation will regulate national standards and facilitate international accreditation for gold refineries and testing laboratories.

2

New 25-Year Gold Processing Licences

Introduces a processing licence to be granted for a minimum term of 25 years, with renewals limited to 15 years. Under Clause 29, applications must include:

  • A feasibility study
  • A plan for the procurement of local goods and services
  • Training and employment proposals for Kenyan citizens
  • Socially responsible investments for the local community
3

New Obligations for Licence Holders

Under Clause 37, licence holders face key operational mandates, including:

  • Commencing processing operations within six months of receiving the licence
  • Signing community development agreements
  • Granting the government the right of first refusal on processed gold at market price
4

Severe Penalties for Unlicensed Operations

Prohibits gold exploration and exploitation operations without a valid permit. Under Clause 47, non-compliance is subject to:

  • A fine of up to ten million shillings
  • An imprisonment term of up to ten years
  • Or both

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