Govt to complete 3 mining agreements by Jan 31
Government will complete Mining Development Agreements (MDAs) with three mining companies — Global Metals & Mining, Mkango Resources and Lotus — by January 31, 2023.
Minister of Mining, Albert Mbawala made the announcement on Thursday in Lilongwe during Government Faces the Press to update the nation on the progress in the mining sector.
He said the Ministry of Justice, through the Attorney General (AG), has engaged two London International firms, DWF and Trinity in order to conduct due diligence on MDAs at no cost to government.
“This is to ensure that the MDAs are water-tight, particularly on fiscal matters as well as to be robust enough to ascertain a win-win situation for the company and the country,” he said.
Mbawala anticipated that some of the mining projects will graduate into real mining during the 2023/24 financial year and also revealed that two upcoming mining projects will roll out in 2024.
The Minister said Mawel Mining Company completed the feasibility studies and was granted a medium scale mining licence for the extraction of heavy mineral sands at Makanjira in Mangochi.
Another company, Lindian Resources Limited, has been given a medium scale mining licence and is currently conducting deposit confirmation for rare earth in Balaka.
Mbawala also said Sovereign Metals & Mining Company is finalizing feasibility studies as well as environmental and social impact assessment for the exploitation of graphite deposit at Malingunde in Lilongwe.
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A Malawi ndife anthu otani Kaya!!! Malamulo, Kaya dongosolo tilibe.
Kwa nthawi yaitali malamulo a dziko lathu ankangovundikilika mmabuku, anthu mpaka a ndale,mabwana kumangophwanyula kuononga mmene angathele, lelo malamulo kuti asakatulidwe basi anthu
omweo angobwanyangula kuonetsa kusakondwa kuti zinthu zikhale my dongosolo.
Eish
I grew up knowing there is citedze research statio, bunda agriculture bla bla
Koma kupangila azungu zeru Bola io anyambite ndalama.
Olo my health sector ma research thoooooooo komabe kupititsa zeru Kwa azungu in the end we become guinea pigs. Kwao azungu mukapiteko anthu salolela zopusa timapanga kunozi. We are good at kulankhula, kulemba and posing in pictures .
Look now every organisation, company poses, poses and poses kaamba Ka chlorine.
You mean we can’t manufacture this alone than waiting for chaina, Russia or Ukraine!!!
No wonder we got poor roads infrastructures yet doctors in engineering are loads, retired or dead without sustainable ideas Bola anadya ndalama za ma budget.
Talk of lake Malawi where it’s only few locals seeing give us today our daily bread alone yet some cuckoos are benefiting exporting the expensive species of fishes ,and bribing chiefs to get land along Lakeshore and build expensive lodges, I mean Mw is rotten.
Now everyone is talking of child , human rights, my foot!!! From the the top, don’t they think they are violating our rights by this corruption issues;!!