Fluorspar mining firm to suspend operations in April
Fluorspar mining in progress at the Kerio Valley. PHOTO | FILE
Kenya's main fluorspar producer will suspend its mining and processing operations from April 30, due to depressed commodity prices occasioned by weak global demand.
The decision by Kenya Fluorspar Company has been influenced by increased operating costs and declining market prices of fluorspar since 2012, leading to net losses being recorded in three consecutive years.
