News

@Nyasatimess
nyasatimes. com > balaka-rare-earth-project-gets-k120-billion-boost-positioning-malawi-for-global-critical-minerals-breakthrough

Balaka Rare Earth Project Gets K120 Billion Boost, Positioning Malawi For Global Critical Minerals Breakthrough - Malawi Nyasa Times - News from Malawi about Malawi

1+ day, 1+ hour ago  (379+ words) Balaka is fast emerging as a strategic industrial hub after Lindian Resources Limited secured a massive $100 million (about K120. 8 billion) financing package to fully fund the development of the Kangankunde Rare Earths Project'marking one of the most significant mining investments in…...

@Nyasatimess
nyasatimes. com > un-raises-alarm-over-malawi-mining-boom-economic-promise-vs-environmental-risk-as-licences-surge-past-1300

UN Raises Alarm Over Malawi Mining Boom: Economic Promise vs Environmental Risk as Licences Surge Past 1, 300 - Malawi Nyasa Times - News from Malawi about Malawi

2+ week, 1+ day ago  (409+ words) A stark warning has been issued to Malawi: mine its minerals, yes'but not at the cost of its future. Speaking at the Annual General Meeting of the Malawi Law Society, UNDP Resident Representative Fennella Frost laid down a challenge that…...

@Nyasatimess
nyasatimes. com > government-to-set-up-gemstone-processing-centres-to-empower-small-scale-miners

Government to Set Up Gemstone Processing Centres to Empower Small-Scale Miners - Malawi Nyasa Times - News from Malawi about Malawi

5+ mon, 1+ week ago  (293+ words) The Ministry of Natural Resources has announced bold plans to establish gemstone processing centres across Malawi, a move expected to transform the fortunes of small-scale miners who have long been excluded from the lucrative side of the mining industry. Speaking…...

@Nyasatimess
nyasatimes. com > africas-top-gemologist-tips-new-govt-on-boosting-malawis-forex-reserves

Africa's Top Gemologist Tips New Govt on Boosting Malawi's Forex Reserves - Malawi Nyasa Times - News from Malawi about Malawi

6+ mon, 2+ week ago  (327+ words) The Founder and CEO of Yami Gemstone Lab & Exports (YAGLE), Mr. Yamikani Jimusole, who is also one of the few accredited gemologists in Malawi and Africa, has tipped the incoming government on how best to generate more foreign exchange from…...

@Nyasatimess
nyasatimes. com > power-play-lotus-resources-taps-experienced-south-african-contractor-to-restart-malawis-kayelekera-uranium-mine

Power Play: Lotus Resources taps experienced South African Contractor to Restart Malawi's Kayelekera Uranium Mine - Malawi Nyasa Times - News from Malawi about Malawi

11+ mon, 1+ week ago  (358+ words) Lotus Resources, the Australian firm behind the Kayelekera Uranium Project, has selected a seasoned South African mining contractor to lead operations at the soon-to-be-reopened mine. This move marks a significant milestone in the country's renewed push for industrial growth through…...

@Nyasatimess
nyasatimes. com > a-bold-step-forward-portland-cements-balaka-plant-nears-completion-ushering-in-a-new-era-for-malawis-industrial-growth

A Bold Step Forward: Portland Cement's Balaka Plant Nears Completion, Ushering in a New Era for Malawi's Industrial Growth - Malawi Nyasa Times - News from Malawi about Malawi

8+ mon, 3+ week ago  (394+ words) Malawi is on the brink of a historic economic shift as Portland Cement Malawi Limited's groundbreaking K200 billion integrated cement plant in Balaka nears completion'marking one of the most transformative industrial developments the country has seen in recent decades. With commissioning…...

@Nyasatimess
nyasatimes. com > zamanyazi-malawi-owns-just-15-of-its-own-uranium-mine-at-kayelekera-lotus-owns-the-rest-and-the-profits

Zamanyazi! Malawi owns just 15% of its own uranium mine at Kayelekera. Lotus owns the rest'and the profits.

1+ year, 5+ day ago  (617+ words) When a nation discovers a natural resource as valuable as uranium, it should be a moment of transformation. A turning point. A chance to rewrite the story of poverty into one of prosperity. But Malawi, instead, is rewriting its history…...

@Nyasatimess
nyasatimes. com > kayelekeras-200m-comeback-malawi-bets-big-on-nuclear-energy

Kayelekera's $200 M comeback: Malawi bets big on Nuclear Energy

11+ mon, 5+ day ago  (310+ words) Malawi's dormant Kayelekera Uranium Mine is powering back to life with a MK350 billion (US$200 million) investment from Australian firm Lotus Resources'positioning the country at the centre of a global nuclear energy revival. Closed since 2014, the mine is set to restart…...

@Nyasatimess
nyasatimes. com > botswana-mozambique-drive-12-8-pat-rise-in-fmbch-f24-results

Botswana, Mozambique drive 12. 8% PAT rise in FMBCH F24 results

10+ mon, 3+ week ago  (954+ words) Strong performances by the First Capital Bank (FCB) franchises in Botswana, Malawi, Mozambique and Zimbabwe, all achieving profits in excess of $20m, underpinned the full year results of regional banking group FMBCH. Together, the Group reported a 13% increase in profit after…...