GBE 0.00% 4.0¢ globe metals & mining limited

Undervalued and Not on Radar - DA when?, page-33

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    From the 2022/2023 Malawi budget statement

    Mining Sector 85.

    Madam Speaker, in an effort to diversify the country’s exports, Government will promote the mining sector. Malawi is blessed with the abundance of natural resources but this far their contribution to the country’s economic productivity has not been fully exploited. Discussions are at an advanced stage between Government and investors to operationalize at least two of the four near ready Mines of Kasiya and Malingunde in Lilongwe, Songwe hills in Phalombe, Kanyika in Mzimba and recommissioning of Kayelekera in Karonga, with Government standing ready to provide the needed economic infrastructure to the sites depending on their state of readiness.
    Last edited by Capped02: 20/02/22
 
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