Malawi Financial Mirror

Mozambique rejects coal barging study – Minister

2012-03-07T01:32:00.001+01:00

JOHANNESBURG – Mozambique has rejected an environmental plan submitted last year by Riversdale, now owned by Rio Tinto, for moving coal via barges down the Zambezi river, its Transport Minister said on Thursday

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Mkango Resources targets heavy rare earths at Songwe

2012-03-02T18:53:00.001+01:00

Mineralogy will be key in extracting value from Mkango Resources' (TSX-V:MKA) rare earth deposit at Songwe Hill in Malawi, according to chief executive William Dawes. There are seventeen main types of rare earths, the catch-all description for some of the most sought-after metals in the world. The names are largely unheard of outside the mining industry, but for the product manufacturers that use them
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National Road 13, in Mozambique, to be asphalted

2012-02-25T03:54:00.001+01:00

Maputo, Mozambique, 20 Feb – Work to asphalt the 348 kilometres of National Road 13 in Mozambique linking the cities of Nampula and Cuamba began Thursday with a ceremony held in the town of Rapale, according to the Mozambican press

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Mozambique: Japan Promises Further Investments

2012-02-25T03:41:00.001+01:00

Maputo — The Japanese International Cooperation Agency (JICA) has told Mozambican Prime Minister Aires Ali that it plans to prioritise the development of the Nacala rail corridor in northern Mozambique in its plans for the next five years.

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Mozambique to start work on Nacala coal terminal

2012-02-25T03:38:00.000+01:00

uary 23 2012 at 01:13pm

By Reuters

Independent Newspapers

Mozambique expects construction of a coal terminal to start in the next few months at the northern port of Nacala, with the aim of having it operational in two to three years, Prime Minister Aires Aly said in Tokyo on Thursday.

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Paladin's annus horribilis worsens

2012-02-18T01:25:00.000+01:00

URANIUM miner Paladin Energy has managed to underwhelm the market yet again, despite the worst aspects of yesterday's $US120.2 million loss being known for several months.

Mozambique: Local potatoes sold as Malawian produce Mozambique: Local potatoes sold as Malawian produce

2012-02-18T01:06:00.002+01:00

Potatoes produced in Tsangano district in the western province of Tete, are being purchased by Malawian traders who then place them in sacks bearing the words "Product of Malawi."

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2012-02-17T16:08:00.001+01:00

Mozambican government plans to build Central-North power transmission line

February 17th, 201 New

The Mozambican government plans to build a new power transmission line linking the central and northern regions of the country, the national director for Energy, Pascoal Bacela told Mozambican newspaper Notícias.
According to Bacela, the new line may link up Caia (in Sofala province) with Nampula and Nacala (Nampula province), and the other possibility is the Tete-Nampula-Nacala route. The project is currently at the pre-feasibility study stage.

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Malawi in rail concession review after due diligence raises concerns

2012-02-04T14:03:00.000+01:00

Malawi in rail concession review after due diligence raises concerns: "Malawi in rail concession review after due diligence raises concerns
COMMENT PRINT EMAIL |

By: Marcel Chimwala
3rd February 2012
TEXT SIZE
Malawi is finalising a review of the concession of the country’s rail operator, Central East African Railways (CEAR), to ensure the company, which has incorporated Brazilian mining giant Vale Emirates as a major shareholder, is entirely responsible for the operation, maintenance and development of the railway network in the country."

'via Blog this'

Mota-Engil Jumps Most Since 1999 on Africa Orders:

2012-02-04T00:23:00.003+01:00

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Feb. 3 (Bloomberg) -- Mota-Engil SGPS SA, Portugal’s biggest construction company, advanced the most since 1999 in Lisbon trading after winning contracts in MTO READ MORE CLICK HEREalawi and Angola that total $1.2 billion.

Puma Energy adamant to resolve fuel shortage | Malawi news, Malawi - NyasaTimes breaking online news source from Malawi

2012-01-21T20:15:00.000+01:00

Puma Energy adamant to resolve fuel shortage | Malawi news, Malawi - NyasaTimes breaking online news source from Malawi

Brazil's Vale to build $1 bln rail lines in Malawi

2012-01-11T14:11:00.001+01:00

LILONGWE Jan 11 (Reuters) - Malawi has signed a $1 billion deal with Brazil's Vale for the construction and rehabilitation of a rail line that will transport 18 million tonnes of coal from Mozambique, government officials said on Wednesday.
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Malawi Central Bank to Co-Sign Paladin Account, Governor Says

2011-11-29T20:15:00.001+01:00

November 29, 2011, 6:54 AM EST

Nov. 29 (Bloomberg) -- Malawi’s central bank said it will be a co-signatory to an offshore account held by a unit of Paladin Energy Ltd., which mines uranium in the north of the country

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Paladin soothes investor jitters on Malawi comments

2011-11-28T10:50:00.001+01:00

Paladin soothes investor jitters on Malawi comments

COMMENT PRINT

EMAIL |

By: Esmarie Swanepoel

28th November 2011

Updated 1 hour 20 minutes ago

TEXT SIZE

PERTH (miningweekly.com) - Uranium miner Paladin Energy on Monday moved to allay investor fears, after the Malawi Reserve Bank Governor, Dr Perks Ligoya, said that the country would seek to “renegotiate” the terms for the Kayelekera project.

Paladin boss John Borshoff said in a statement that the development stability agreement between Paladin and the government of Malawi established the fiscal and regulatory framework for the company’s investment in that country, and guaranteed a period of stability in recognition of the Kayelekera mine’s unique position as the first significant foreign investment in Malawi's resources sector

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Vale may share Tete-Nacala rail link

2011-11-24T01:13:00.001+01:00

At work at Vale’s
Moatize coal mine
in the Tete province
of Mozambique

Maputo, Mozambique --- MININGREVIEW.COM --- 23 November 2011 - Brazilian mining giant Vale has stated that it may be prepared to share with other users the Tete-to-Nacala railway line, an important strategic link that cuts across Malawi on its way to Mozambique's undeveloped deepwater port.
Responding to questions at the Coaltrans Mozambique conference here, Marcelo Matos, general manager of marketing and sales for Vale's coal division, did point out, however, that there were conditions that would have to be negotiated.

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Long fingers in the warm heart of Africa

2011-11-20T06:50:00.000+01:00

A LITTLE under a decade ago I ran a course at a Lake Malawi resort. Two things struck me about the country: first, it seemed to have very little going for it; second was the desperation of the population.

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Mkango Resources Intersects Further Extensive Zones of Rare Earth Mineralisation at Songwe

2011-11-16T01:32:00.000+01:00

Mkango Resources Ltd. (TSXV:MKA) announced final results from a drilling program at its Malawi-base Songwe property.

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Mkango Resources Intersects Further Extensive Zones of Rare Earth Mineralisation at Songwe

2011-11-15T09:08:00.000+01:00

Mkango Resources Ltd. (TSXV:MKA) announced final results from a drilling program at its Malawi-base Songwe property.

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Explosive rare earth conflict in Malawi

2011-11-10T11:33:00.001+01:00

When Lynas Corp disclosed, almost incidentally, this morning that the ownership of its red-hot rare earths asset in Malawi TO READ MORE CLICK HEREmight be in dispute, it was being a touch euphemistic

Mozambique to ask Japan for $300 mln port funding

2011-11-04T16:31:00.000+01:00

MAPUTO (Reuters) - Mozambique, preparing to supply coking coal for Japan's steel industry, will ask the Japanese government for up to $300 million to fund repairs of its cyclone-damaged Nacala export port, a government official said on Tuesday

to read moreclick here

Mozambique: ENI Gas Discovery Larger Than Initially Thought

2011-11-04T00:52:00.000+01:00

Phase 11 of Vale’s Moatize project due for completion in 2014

2011-11-04T00:41:00.002+01:00

Rio de Janeiro, Brazil --- MININGREVIEW.COM --- 01 November 2011 - The second phase of Brazilian mining giant Vale’s Moatize coal project is scheduled for completion in 2014, and once completed will represent an overall investment of almost US$1.7 billion.

Confirming this in a statement here, the company said US$161 million of this amount had been assigned to the rest of this year.
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Rio Tinto calls for river based solution to transport coal from Moatize 187

2011-11-04T00:26:00.002+01:00

TO READ MORE CLICK HEREAccording to Mr Eric Finlayson CEO of Rio Tinto Coal Mozambique, Rio Tinto considers using the Zambezi River to transport coal from Tete to be a better solution than the Nacala railroad.

Mr Finlayson during a visit by the President of Mozambique to Rio Tinto’s facility in the Karratha region, some 1,300 kilometres from the city of Perth, said that the Zambezi was an interesting alternative to the Nacala railroad as the distance between Moatize and the port was 900 kilometres by rail and only 500 kilometres by river.
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ILO proposes monetary policies for Malawi's employment creation

2011-11-04T00:14:00.001+01:00

The International Labour Organisation (ILO) has released a report on Malawi which is trying to establish on how monetary policy instruments can be used to encourage Malawi onto a path of employment-generating growth.

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Globe Metals & Mining kicks off rare earth oxide exploration program in Malawi

2011-11-04T00:06:00.000+01:00

TO READ MORE CLICK HEREWednesday, November 02, 2011 by Christine Feary

Globe Metals & Mining (ASX: GBE) has commenced an exploration program to target and extend rare early element and niobium mineralisation at the Salambidwe Rare Earth Elements Project in southern Malawi
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Malawi Financial Mirror

Mozambique rejects coal barging study – Minister

Mkango Resources targets heavy rare earths at Songwe

National Road 13, in Mozambique, to be asphalted

Maputo, Mozambique, 20 Feb – Work to asphalt the 348 kilometres of National Road 13 in Mozambique linking the cities of Nampula and Cuamba began Thursday with a ceremony held in the town of Rapale, according to the Mozambican press TO READ MORE CLICK HERE

Mozambique: Japan Promises Further Investments

Maputo — The Japanese International Cooperation Agency (JICA) has told Mozambican Prime Minister Aires Ali that it plans to prioritise the development of the Nacala rail corridor in northern Mozambique in its plans for the next five years.

Mozambique to start work on Nacala coal terminal

uary 23 2012 at 01:13pm

Paladin's annus horribilis worsens

URANIUM miner Paladin Energy has managed to underwhelm the market yet again, despite the worst aspects of yesterday's $US120.2 million loss being known for several months.

Mozambique: Local potatoes sold as Malawian produce Mozambique: Local potatoes sold as Malawian produce

Mozambican government plans to build Central-North power transmission line

Malawi in rail concession review after due diligence raises concerns

Mota-Engil Jumps Most Since 1999 on Africa Orders:

n

Puma Energy adamant to resolve fuel shortage | Malawi news, Malawi - NyasaTimes breaking online news source from Malawi

Brazil's Vale to build $1 bln rail lines in Malawi

Malawi Central Bank to Co-Sign Paladin Account, Governor Says

Paladin soothes investor jitters on Malawi comments

Vale may share Tete-Nacala rail link

Long fingers in the warm heart of Africa

A LITTLE under a decade ago I ran a course at a Lake Malawi resort. Two things struck me about the country: first, it seemed to have very little going for it; second was the desperation of the population.

Mkango Resources Intersects Further Extensive Zones of Rare Earth Mineralisation at Songwe

Mkango Resources Intersects Further Extensive Zones of Rare Earth Mineralisation at Songwe

Explosive rare earth conflict in Malawi

Mozambique to ask Japan for $300 mln port funding

Mozambique: ENI Gas Discovery Larger Than Initially Thought

Phase 11 of Vale’s Moatize project due for completion in 2014

Rio de Janeiro, Brazil --- MININGREVIEW.COM --- 01 November 2011 - The second phase of Brazilian mining giant Vale’s Moatize coal project is scheduled for completion in 2014, and once completed will represent an overall investment of almost US$1.7 billion.

Rio Tinto calls for river based solution to transport coal from Moatize 187

ILO proposes monetary policies for Malawi's employment creation

Globe Metals & Mining kicks off rare earth oxide exploration program in Malawi

TO READ MORE CLICK HEREWednesday, November 02, 2011 by Christine Feary

Maputo, Mozambique, 20 Feb – Work to asphalt the 348 kilometres of National Road 13 in Mozambique linking the cities of Nampula and Cuamba began Thursday with a ceremony held in the town of Rapale, according to the Mozambican press

TO READ MORE CLICK HERE