MALAWI Mining Sector Review2001 Authors: Ellason. Kaseko Director of Mines –Mines Department and Grain. Malunga Deputy Director of Operations -MDC.

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Presentation transcript:

MALAWI Mining Sector Review2001 Authors: Ellason. Kaseko Director of Mines –Mines Department and Grain. Malunga Deputy Director of Operations -MDC

PRESENTATION OUTLINE 1. Malawi Statistics 2. Potential Mineral targets 3. Exploration Activities in Mineral Sector Review 5. Government Intervention 6. Incentives 7. Why Invest in Malawi

MALAWI STATISTICS

POTENTIAL MINERAL TARGETS l Gold and PGMS in basement complexes l Coal, coal bed methane and Uranium in Karoo complex l Rare earths, strontianite and apatite in alkaline rocks l Bauxite and titanium sands in Upper Jurassic to Quaternary sediments l Kimberlite indications

EXPLORATION ACTIVITIES IN 2001 l GSD: Bauxite and geo-chemical sampling on Au anomalies in the Kirk Range l Lisungwe Valley Mineral Resources follow- up on 18 targets for Au, Ni-Cr and PGM l MDC: magnetic survey on Tundulu phosphate deposit l Mulanje Minerals exploring for coal bed methane l Ilomba Granite Ltd mining sodalite syenite l Granite Ltd mining amazono-granite

MINERAL SECTOR REVIEW l Restructuring of DOM and GSD l Support to artisanal miners l Mining Policy l Mining Act l 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 Political stability l Duty free status l Security of tenure l Free access to geological data base l Automatic conversion of Exploration Licence to Mining Licence l Transfer of Mineral Rights

WHY INVEST IN MALAWI l Political stability l Comprehensive geological data base l Political stability l Security of tenure guaranteed l Liberalised economy l Independent Licencing Committee l Cheap labour l Improved supporting infrastructure

INVITATION l Malawi invites you to visit GSM website at l 2 nd Minerals Exhibition and Conference in Blantyre from 25 th – 27 th July 2002 l Contact: Grain at Ellason at