Chinese company to mine gold in Malawi: Work to commence in Balaka

A Chinese based Plinth company is said to be ready to mine gold in Balaka Manondo area.

Gold mining to start in Balaka by Chinese company

Briefing the District Executive Committee (DEC) on Monday, Hilton Banda who is a geologist for the company said government has already granted a license to the company for work to commence.

“This gold exploration in Malawi is the first of its kind and we are expected to start our work any time from now as government has already given us a go ahead by honoring us with a license.

“The license is for 25 years gold exploration in three districts of Malawi namely Balaka, Neno and Ntcheu,” said Banda.

According to the geologist, the license gives them a mandate to explore within 500 square kilometer of land.

“In Balaka Manondo area, we will cover 4.3 square kilometers of land and the other kilometers will be covered in other remaining districts,” he said.

The total sum of the project is three million United States dollars according to Banda.

Follow and Subscribe Nyasa TV :

Please share this Article if you like Email This Post Email This Post

More From the World

Sort by:   newest | oldest | most voted
Sitimva Zopua Zamkutu
Guest
Sitimva Zopua Zamkutu

nde zokanikazo

concerned citizen
Guest
The government is very secretive about the mineral resources that our country has. I stand to be corrected . Did the Government ever make public about the findings of the airborne survey that took place some years ago? Now, we hear that a company from china is going to start mining Gold in Balaka , Neno and Ncheu. Was this gazetted in the government gazette for Malawians to know what is going on in their country? IF not, why the secrecy ? Is access to information bill that was passed in parliament being implemented or its just on paper ?… Read more »
Nyamwero
Guest

Umbuli, umphawi ndi matenda. This is just exploration

JB wa APM
Guest

The government should learn from other countries. They have to learn from Tanzania. Chinese companies were mining gold and stealing it without paying tax. They even collected gold sand residues and exported them back to China. What measures has the government put in place to safe guard the interest of the people. We don’t want another episode like that of the mine in Karonga.

Jose Eduardo
Guest

3 Million USA Dollars is a joke for such a big and profitable project
This is just another day light robbery organised by government crooks
to swindle us of our natural resources A Malawi tisalole zopusazi zichitike
$3 million translates to 2.5 Billion which is very little compared to the gains
from the Gold they will get so please Malawians lets join hands and say no
to exploitation besides this project will only benefit politicians and there
cronies the typical villager will gain nothing at all so what the benefit ?

My Complaints
Guest
Malawi please don’t allow them to mining gold in Malawi, Malawi what kind of project u will be benefit, only 3 million, Malawi what kind of leadership u are, remember uranium mine at kayelekera in karonga, nothing Malawi has benefit from paladin, they just left disease, poverty and pollution of rivers and lake, look some of the village head man they are poor in thinking capacity like G V H Kayelekera nothing has benefit from paladin due to corruption, their people in the villages they were jobless, paladin employee people outside the country, GVH KAYELEKERA nothing has instructed paladin to… Read more »
wpDiscuz

More From Nyasatimes