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Thursday, April 25, 2013

Nation Online - Investors eyeing Globe’s Kanyika project

Nation Online - Investors eyeing Globe’s Kanyika project: "Investors eyeing Globe’s Kanyika project

CATEGORY: BUSINESS NEWS PUBLISHED DATE WRITTEN BY CHIKONDI CHIYEMBEKEZA

Exploration works in progress at Kanyika in Mzimba
Potential investors have shown interest in the Kanyika Niobium Project (KNP) in Malawi’s northern district of Mzimba as the economic prospects of the mine become clearer, the Australian Stock Exchange (ASX)-listed Globe Metals and Mining, the licensed owner, has said.

In the company’s shareholder newsletter for April 2013, chairperson Shao Yi said they are committed to becoming the major supplier and producer of niobium and tantalum in Southern and Eastern Africa."

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