CHINA TO SUBSDISE IMPORTS OF NIOBIUM

Africa-focused Globe Metals & Mining on Tuesday stated that the Chinese National Development and Reform Commission would subsidise the import of niobium concentrates, used mostly in alloys, into China. This subsidy would also apply to other commodities such as tantalum and titanium. READ MORE

Global Metals Raises US5 million for Kanyika

Globe Metals and Mining has raised $5.2 million of funding for a bankable feasibility study on its Kanyika niobium project in Malawi, which closed two times oversubscribed READ MORE

Food security in Malawi good

 The food security situation is expected to remain favorable in most parts of the country because of the best harvest in more than five years. Due to huge stocks in the Strategic Grain Reserves (SGR) and substantial maize stocks in the hands of private traders and ADMARC compared to previous years, the government is in a position to respond to any pockets of food insecurity without external imports. READ MORE

Globe Metals & Mining to commence feasibility study for niobium project

Globe Metals & Mining (ASX: GBE) has linked up with South African engineering group Thuthuka Limited to partially fund a bankable feasibility study for its Kanyika niobium project in the African nation of Malawi. READ MORE

Mozambique’s Northern Development Corridor invests US$150 million in improvements in Nacala [

Maputo, Mozambique, 18 Sept – Mozambique’s Northern Development Corridor (CDN), the consortium that manages the port of Nacala and the railway system in the north of Mozambique, has announced it plans to invest US$150 million in port and rail infrastructures over the next five years to increase the port’s capacity to 4 million tonnes. READ MORE

Miner accused on slack safetyTOM HYLAND

September 20, 2009

AN AUSTRALIAN company has begun production at its uranium mine in Malawi amid renewed controversy over the operation in one of Africa's poorest nations READ MORE

Malawi inflation slows to 7.8 pct y/y in August

Malawi's headline inflation slowed to 7.8 percent year-on-year in August from 8.0 percent in July due partly to weaker food price pressures, the National Statistical Office (NSO) said on Wednesday. READ MORE

Tobacco prices trade 19 percent below minimum price

Tobacco in Malawi, Africa's largest producer of the burley variety, traded 19 percent below the minimum price sought by the government 
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Malawi and China sign investment agreement for hotel and conference centre

 Malawi's dream of having ultra-modern international conference center and a five-star hotel in the coming three years have come closer to fruition following Tuesday's signing of a pact between China and the Southern African nation. READ MORE