Company tells court to compel Najib Balala to renew mining licence

Mining Cabinet Secretary Najib Balala (centre) is shown how mining equipment works during a recent tour of a mining site. An investor has sued the CS for revoking his firm’s mining licence. [PHOTO: KELVIN KARANI/STANDARD]

NAIROBI: A mining company says it stands to lose more than Sh1 billion in investment if its licence to mine special minerals in Taita Taveta County is not renewed.

Megalith Company, based in Voi, says in court papers, through which it has sued Mining Cabinet Secretary Najib Balala that it had already invested colossal amounts of money for operations when the licence was revoked.