MALAWI Mining Sector Review 2001 Authors Ellason Kaseko
- Slides: 11
MALAWI Mining Sector Review 2001 Authors: Ellason. Kaseko Director of Mines –Mines Department and Grain. Malunga Deputy Director of Operations -MDC
PRESENTATION OUTLINE 1. 2. 3. 4. 5. 6. 7. Malawi Statistics Potential Mineral targets Exploration Activities in 2001 Mineral Sector Review Government Intervention Incentives Why Invest in Malawi
MALAWI STATISTICS
POTENTIAL MINERAL TARGETS l l l Gold and PGMS in basement complexes Coal, coal bed methane and Uranium in Karoo complex Rare earths, strontianite and apatite in alkaline rocks Bauxite and titanium sands in Upper Jurassic to Quaternary sediments Kimberlite indications
EXPLORATION ACTIVITIES IN 2001 l l l GSD: Bauxite and geo-chemical sampling on Au anomalies in the Kirk Range Lisungwe Valley Mineral Resources followup on 18 targets for Au, Ni-Cr and PGM MDC: magnetic survey on Tundulu phosphate deposit Mulanje Minerals exploring for coal bed methane Ilomba Granite Ltd mining sodalite syenite Granite Ltd mining amazono-granite
MINERAL SECTOR REVIEW l l l Restructuring of DOM and GSD Support to artisanal miners Mining Policy Mining Act Mining promotion
GOVERNMENT INTERVENTION l - The goal is Sustainable small scale mining through: Poverty alleviation Environmental protection Initiation of rural infrastructure development
GOVERNMENT INTERVENTION l - - - Activities: Formalisation of informal gemstone mining Provision of appropriate technology Facilitate SSM financing
INCENTIVES l l l Political stability Duty free status Security of tenure Free access to geological data base Automatic conversion of Exploration Licence to Mining Licence Transfer of Mineral Rights
WHY INVEST IN MALAWI l l l l Political stability Comprehensive geological data base Political stability Security of tenure guaranteed Liberalised economy Independent Licencing Committee Cheap labour Improved supporting infrastructure
INVITATION l Malawi invites you to visit GSM website at www. sdnp. org. mw/geosoc-mw l l 2 nd Minerals Exhibition and Conference in Blantyre from 25 th – 27 th July 2002 Contact: Grain at gwpm@sdnp. org. mw Ellason at mines@malawi. net