malawi
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MALAWI. Mining Sector Review2001 Authors: Ellason. Kaseko Director of Mines –Mines Department and Grain. Malunga Deputy Director of Operations -MDC. PRESENTATION OUTLINE. Malawi Statistics Potential Mineral targets Exploration Activities in 2001 Mineral Sector Review - PowerPoint PPT PresentationTRANSCRIPT
MALAWI
Mining Sector Review2001Authors:
Ellason. KasekoDirector of Mines –Mines Department
and Grain. Malunga
Deputy Director of Operations -MDC
PRESENTATION OUTLINE
1. Malawi Statistics2. Potential Mineral targets3. Exploration Activities in 20014. Mineral Sector Review5. Government Intervention6. Incentives7. Why Invest in Malawi
MALAWI STATISTICS
Area 118,480 km2
Population 11,000,000 Currency Malawi K wacha U$1.0=MK 70.00
GDP Inflation
U$1,863,700 35.4%
Interest Rate 46-48%
Minerals Coal, gemstone
Labour Force 3,500,000
L iteracy Rate 56.4%
POTENTIAL MINERAL TARGETS
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
GSD: Bauxite and geo-chemical sampling on Au anomalies in the Kirk Range
Lisungwe Valley Mineral Resources follow-up 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
Restructuring of DOM and GSD
Support to artisanal miners
Mining Policy Mining Act Mining promotion
GOVERNMENT INTERVENTION
The goal is Sustainable small scale mining through:
- Poverty alleviation- Environmental
protection- Initiation of rural
infrastructure development
GOVERNMENT INTERVENTION
Activities:- Formalisation of
informal gemstone mining
- Provision of appropriate technology
- Facilitate SSM financing
INCENTIVES
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
Political stability Comprehensive geological data base Political stability Security of tenure guaranteed Liberalised economy Independent Licencing Committee Cheap labour Improved supporting infrastructure
INVITATION
Malawi invites you to visit GSM website at
www.sdnp.org.mw/geosoc-mw
2nd Minerals Exhibition and Conference in Blantyre from 25th – 27th July 2002
Contact:Grain at [email protected] at [email protected]