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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
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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 • Government Intervention • Incentives • Why Invest in Malawi
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 gwpm@sdnp.org.mw Ellason at mines@malawi.net