Negotiations on a possible niobium mining development agreement at Kanyika in Mzimba between the government and Australian mining investor Globe Metals, are at an advanced stage, the Ministry of Mines has said.
Executives from Globe attended the UK-Malawi Trade & Investment Forum at the prestigious Drapers' Hall in London on March 20. Find out more.
Australia and China have launched direct trading between the Australian dollar and Chinese yuan in Sydney and Shanghai to lower trade transaction costs. Find out more.
The fate of the much awaited Kanyika Niobium Project in Mzimba district northern Malawi lies in the hands of the board of directors of the parent company Globe Metals and Mining which will meet in February 2013 to review the project after five years of ground work.
In this interview, The Buiness Times' Caroline Kandiero talks with Globe Metals and Minig Acting Chief Executive Officer, Fergus Jockel on the viability of Kanyika Niobium Project, the benefits it will bring to the community and other issues.
Malawians in Australia joined in a fundraising sports event on Saturday the 6th October at the University of Western Australia (UWA), Perth that has raised $9500 for two schools in Malawi.
As mining companies continue to bridge borders developing projects in countries all over the world, it’s not surprising that many try and foster a cooperative relationship with foreign governments and local communities. As the corporate communications and social responsibility manager at African focused Globe Metals and Mining, Skye Gilligan helps to build and develop these relationships.
Globe recently announced it had received a letter of intent from the China Development Bank (CDB), one of China’s largest government owned banks, to provide a credit facility to facilitate the development of Kanyika.
Malawi is among the five countries that will benefit from an Australia government’s Global Agriculture and Food Security Program (GAFSP) to provide the African continent with agricultural expertise in a bid to increase food security.
Globes Metals and Mining, an Australian Company that is set to mine Niobium at Kanyika in Mzimba district has discovered Graphite in Lilongwe district and says the discovery consolidates its presence in Malawi.