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Sunday, March 9, 2014

Malawi pinning hopes of increased mining investor interest on airborne survey

Malawi pinning hopes of increased mining investor interest on airborne survey: "
By: Marcel Chimwala
7th March 2014
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The Malawi government says it is optimistic the results of a countrywide airborne geophysical survey currently under way will attract more foreign investors to the country’s largely underexploited mining sector.

Malawi contracted Canadian firm Sander Geophysics last year to conduct the survey.

The survey is being conducted as part of the Mining Governance and Growth Support Project, financed by a $25-million loan from the World Bank’s International Development Association and a €5-million grant from the European Union."



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