Paramount Chief Kyungu in Malawi’s northern border district of Karonga has vowed to lead the people in lobbying for developmental projects from mining investors, claiming that since the coming of the mining companies in the district people have not benefited anything. Speaking during mining sensitization music show carried by Government on Saturday, Kyungu said mines […]
Minister of Natural Resources, Energy and Mining Atupele Muluzi has called on for the transformation of the Artisanal and Small Scale Mining sud-sector from an informal to a formal footing. He was speaking in Lilongwe during the official opening of the ASM symposium at Golden Peacock Hotel. “All operators in this sector should be licensed […]
President Peter Mutharika Friday unveiled investment opportunities of Malawi to business captains at the Grand Hyatt Hotel in New York, US at a luncheon organized by the Corporate Council on Africa. The Corporate Council on Africa, established in1993, is at the forefront of strengthening and facilitating the commercial relationship between the United States and the […]
Mkango Resources Limited, a mining company which was doing feasibility studies on Malawi’s Songwe Hill rare earth project has announced that prospects for the site stands at almost US$293 million for a projected 18-year life span. In a statement which the company has released Chief Executive Officer William Dawes described the results of the feasibility […]
President Prof. Arthur Peter Mutharika Saturday told Malawian journalists covering the 34th Summit of the Heads of State and Government of the Southern African Development Community (Sadc) that Malawi would learn from countries with vast experience in mining industry to benefit the locals and the country as a whole. Mutharika told the press in Victoria […]
Malawian UK based governance activist Ahmed Dassu has tipped Minister of Finance Goodall Gondwe to consider introducing ‘windfall tax’ collected from the two sectors of the economy, which has benefited most from government budgets – the successful bidders of contracts to supply the government going back to 1994 and the mining companies which exploit the country’s mineral […]
Malawi government through the Ministry of Mining has announced it will conduct a series of consultative workshops to solicit views towards the reformation of the minerals legislation. According to Secretary for Mining Ministry, Leonard Kalindekafe, the Mines and Minerals Act, 1981, which is the legal framework governing the mining sector, is outdated and needs urgent […]
Since independence, Malawians has lived to believe that economy of the country is agriculture, many people know that the major contributing factor to the country’s Gross Domestic Product (GDP) is agriculture and nothing else. With this mindset all efforts as far as increasing the GDP are put to agriculture, yet there are more ways as […]
Minister of Natural Resources, Energy and Mines Atupele Muluzi has promised to lobby for training of local miners to ensure the mining industry contributes more to the country’s gross domestic product (GDP). Atupele said this at Mzimba Gemstones Marketing Centre after touring some of the mining projects in the Northern Region. “I have noted that […]
Minister of Natural Resources, Energy and Mining Atupele Muluzi has described the on-going airborne geophysical survey as an exciting opener to the country’s mining industry as the raw data gathered in the 98 per cent completed survey has proved to bring positive results for the country’s mining industry. Atupele said this on Wednesday at Mchenga […]
Malawi Congress Party (MCP) says it will review all laws and policies pertaining to minerals and other resources so that Malawians benefit once it forms the next government after the May 20 polls. MCP also said it will also review legislation and policies on land to ensure equity and productive usage. MCP Vice President Richard Msowoya said […]
Malawi is losing over $15 billion worth of revenue every year through uncharted sales and dubious mining operations in the country. According to a report by Malawi Miners Task Force, more precious stones, mainly Nyala Ruby, gemstone of ‘exceptional quality’, are being exported and “smuggled” in the name of samples. The report says the quality, […]
The Malawi Congress Party (MCP) says Foreign Direct Investment (FDI) must incorporate locals so that Malawians must benefit from their own resources. MCP President Dr Lazarus Chakwera said this during whistle stop tours held in northern Mzimba district at Ekwendeni, Euthini and Mzimba Boma on Saturday. Chakwera is also scheduled to hold similar meetings in […]
Malawi cannot turn away investors in the extractive industry despite the fact that legislation in the sector is archaic and not in tandem with international trends, a Ministry of Mines official has said. The official, Peter Chilumanga, said this during a public hearing which the Ministry of Mines held at Mzuzu Hotel on Wednesday. The […]
Chiefs in the Central region district of Dowa, which is one of Malawi’s poorest districts, have said they will do all they can to ensure government puts in place means to maximise mining community benefits out of the attractive industry. The six chiefs from the district meeting at Mponela trading centre, have vowed to engage […]
Malawi will soon launch an intensive geological survey in Chitipa and Karonga Districts to establish comprehensive information on mineral deposits available in the two districts. This was disclosed Wednesday by the Regional Mining Engineer for the North, George Maneya during a meeting organised by ministry of energy and mining to brief district executive committee (DEC) […]
Mining experts from the Ministry of energy and Mines say the ongoing airborne geophysical survey that government has rolled out in some areas will increase the country’s economic base since there is a possibility of finding rich mineral deposits in some areas. The survey which Malawi is conducting has already started in the central region […]
Leader of the opposition Malawi Congress Party (MCP) Dr Lazarus Chakwera has faulted government policy of allowing mining investors into the country anyhow, saying it does not benefit people as there are no mechanisms to monitor the miners. Speaking during his a political rally he addressed in the northern district of Karonga on Sunday, Chakwera said people […]