Rare Earths in Phalombe

MKANGO RESOURCES LTD. ANNOUNCES COMMENCEMENT OF DRILLING AT THE SONGWE RARE EARTH PROJECT AND UPDATE ON EXPLORATION ACTIVITIES IN MALAWI

/NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES/

ALBERTA, April 18 /CNW/ - Mkango Resources Ltd. (TSXV-MKA) (the "Corporation" or "Mkango") is pleased to announce that a diamond drilling program has commenced at the Songwe Hill rare earth project in Malawi.

Mkango commenced trading on the TSX Venture Exchange on January 6, 2011, having completed an oversubscribed brokered and non brokered private placement with gross proceeds of $7,760,750. TO READ MORE CLICK HERE

More on Tobacco Industry

http://www.5min.com/Video/Working-in-the-Tobacco-Industry-in-Malawi-458397723

Tobacco industry in malawi Video – 5min.com

Tobacco industry in malawi Video – 5min.com

World Bank, EU to support Malawi’s mining sector

World Bank, EU to support Malawi’s mining sector: "World Bank, EU to support Malawi’s mining sector
PANA


Malawi’s nascent mining sector has received a huge boost through a US$30.66 million Mining Governance and Growth Support Project that would be co-financed by the World Bank and the European Union.

The Bank will put in US$25 million while the European Union will pump in the remaining US$5.66 million. The Project will run until Septembe"

AFP: Mozambique builds $102 million airport

AFP: Mozambique builds $102 million airport: "Mozambique builds $102 million airport
(AFP) – Apr 14, 2011
MAPUTO — Mozambique is building a $102 million (70 million euros) airport in the northern city Nacala in an effort to expand infrastructure to attract tourists and investment, an official said Thursday.
Construction has already started on the Nacala International Airport, deputy transport minister Manuela Ribelo told AFP."

Work on coal terminal in Nacala, Mozambique, due to begin in July | Macauhub English

Work on coal terminal in Nacala, Mozambique, due to begin in July | Macauhub English: "Work on coal terminal in Nacala, Mozambique, due to begin in July
APRIL 25TH, 2011 NEWS
Maputo, Mozambique, 25 April – Construction work to build the coal terminal of the Mozambican subsidiary of Brazilian mining company Vale at the port of Nacala is due to begin in July, according to Mozambican newspaper Notícias, which reported that the facility would represent an investment of US$1.6 billion"

Vale and Nation Agree on New Railway

19 April 2011

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Maputo — The Malawian government and the Brazilian mining company Vale on Monday signed a memorandum of understanding in the Malawian capital, Lilongwe, on the construction of a new railway across southern Malawi.

The agreement was witnessed by Mozambican Transport Minister Paulo Zucula."

Paladin achieves record uranium sales for March quarter, downgrades guidance

PERTH (miningweekly.com) - ASX- and TSX-listed uranium miner Paladin Energy has reported record uranium sales for the quarter ended March, despite a 4% decrease in production figures.

During the three months to March, Paladin sold around 1,4-million pounds of uranium oxide (U3O8), generating a record revenue of $92,5-million."

Paladin defends N-power, warns of supply shock | The Australian

URANIUM miner Paladin has stepped up its criticism of international reporting on the unfolding nuclear crisis in Japan, saying the media is 'obsessed' with the incident and that nuclear power is inherently safe.

The Africa-focused miner also downgraded its annual production guidance, blaming bad weather and fuel shortages at its mines in Namibia and Malawi.

Paladin is among global uranium miners whose shares have been hammered since the March 11 earthquake and tsunami in Japan triggered an emergency at the Fukushima Daiichi nuclear power plant that has yet to be fully brought under control"

Fukushima effect hits uranium producer

Fukushima effect hits uranium producer: "Fukushima effect hits uranium producer

March 30, 2011
What's new? Occasionally, during market panic, good-quality companies are thrown out with the bad. This can create opportunities and one is right at ground zero as far as the present volatility is concerned. Paladin Energy suffered a vicious bout of selling as soon as the market became aware of Japan's nuclear crisis."

Lynas Completes the Acquisition of Rare Earths Resource

• Lynas has completed the acquisition of the fully permitted Kangankunde Rare Earths

Resource in Malawi, Africa for the contract sum of US$4 million
TO READ MORE CLICK HERE

World Bank to Support Good Governance in Malawi’s Emerging Mining Sector

 "World Bank to Support Good Governance in Malawi’s Emerging Mining Sector
01/04/2011 03:17 (00:59 minutes ago)
The FINANCIAL -- WASHINGTON. The World Bank Board of Directors on March 31 approved a $25million credit to support the Malawi Government improve management and governance of its nascent mining sector. The funds will be provided through the Mining Governance and Growth Support Project."
 TO READ MORE