SVM sovereign metals limited

There should be positive news in 2018....

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    There should be positive news in 2018.

    http://projects.worldbank.org/P120825/mw-mining-governance-growth-support-project?lang=en

    ABSTRACT*

    The development objective of the Mining Governance and Growth Support Project for Malawi is to improve the efficiency, transparency and sustainability of mining sector management. There are four components to the project. The first component of the project is to managing mineral rights and operations. Under this component activity to support the government build an efficient, transparent and environmentally and socially sustainable framework for managing mineral rights and operations. The second component of the project is to generating and managing mineral revenue. Under this component activity to support the government to develops transparent arrangements for optimal generation and use of mineral revenues. The third component of the project is promoting the mining sector. Under this component activity to support the government improve the enabling environment for mining sector development by acquiring and disseminating geo-data foster more sustainable artisanal and small scale mining. The fourth component of the project is the project management. This component support at implementation to the Ministry of natural resources, energy and environment to undertake project management, in accordance with the Bank's fiduciary and other guidelines.mce-anchor

    PROJECT AT-A-GLANCE

    Project ID P120825
    1 Country Malawi
    2 Region Africa
    3 Status Active
    4 Approval Date (as of board presentation) March 31, 2011
    5 Closing Date July 31, 2018
    6 Total Project Cost** US$ 25.00 million
    7 Commitment Amount US$ 25.00 million
    8 Team Leader Javier Aguilar

    https://mininginmalawi.com/2016/06/...mining-governance-and-growth-support-project/

    https://zodiakmalawi.com/malawi-national-news/government-to-review-mines-and-minerals-act

    IMO and DYOR
 
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