(MKTW) Mkango Resources Announces 8 Million Rand (C$835,000) Grant from the South African Department of Trade and Industry - WSJ.com: "Mkango Resources Announces 8 Million Rand (C$835,000) Grant from the South African Department of Trade and Industry
CALGARY, ALBERTA--(Marketwired - May 26, 2014) - Mkango Resources Ltd. (TSX VENTURE:MKA) (the "Corporation" or "Mkango") is pleased to announce that the South African Department of Trade and Industry (DTI) has approved a grant of R7,967,804 (Cdn$835,000) to the Company under its Capital Projects Feasibility Programme. The grant will be dispersed to the Company between June 2014 and March 2015 as the Company meets certain milestones in relation to a number of activities including environmental and social impact studies, mine planning, design of the processing plant and tailings storage facility, flotation and hydrometallurgical optimisation and marketing studies. Mkango previously appointed the following groups to complete these various aspects of the project:"
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Business and Economic News from Malawi
Monday, May 26, 2014
Tuesday, May 6, 2014
IEC, Endeavor sign MoU on power deal - BNL Times
IEC, Endeavor sign MoU on power deal - BNL Times: "Australian coal miner Intra Energy Corporation Limited (IEC) has signed a memorandum of understanding (MoU) with Endeavor Energy Power Holdings Limited to assess the potential of its coal fired power project in Salima.
The MOU sets ou"
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The MOU sets ou"
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Monday, May 5, 2014
Fall in uranium prices points to slow restart in Japan | ForexLive
Fall in uranium prices points to slow restart in Japan | ForexLive: "Fall in uranium prices points to slow nuclear restart in Japan
April 29th, 2014 16:43:35 GMT by Adam Button | 0 comments
Uranium prices fell to long-term lows today with the front-month futures contract at the lowest since at least 2007.
The FX market underestimates the importance of the planned restart of nuclear energy stations in Japan for the yen. The country is currently importing massive quantities of coal and fuel to power the national grid. Prices have risen more than 20% and will continue to rise until the government deems its reactors fit for service."
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April 29th, 2014 16:43:35 GMT by Adam Button | 0 comments
Uranium prices fell to long-term lows today with the front-month futures contract at the lowest since at least 2007.
The FX market underestimates the importance of the planned restart of nuclear energy stations in Japan for the yen. The country is currently importing massive quantities of coal and fuel to power the national grid. Prices have risen more than 20% and will continue to rise until the government deems its reactors fit for service."
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Sunday, May 4, 2014
Malawi's Tea export earnings fall - BNL Times
Malawi's Tea export earnings fall - BNL Times: "Malawi’s foreign exchange earnings from tea exports slumped drastically in January 2014 due to low prices for the commodity on the international market, the Reserve Bank of Malawi (RBM) has reported.
In its recently released monthly economic review, the central bank says low prices for tea at the Limbe Auction affected revenue realised to over shadow production increase.
The bank says tea prices averaged US$1.62 per kilogramme, lower than US$1.96 per kilogramme fetched in a corresponding month last year."
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In its recently released monthly economic review, the central bank says low prices for tea at the Limbe Auction affected revenue realised to over shadow production increase.
The bank says tea prices averaged US$1.62 per kilogramme, lower than US$1.96 per kilogramme fetched in a corresponding month last year."
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Malawi's Tea export earnings fall - BNL Times
Malawi's Tea export earnings fall - BNL Times: "Malawi’s foreign exchange earnings from tea exports slumped drastically in January 2014 due to low prices for the commodity on the international market, the Reserve Bank of Malawi (RBM) has reported.
In its recently released monthly economic review, the central bank says low prices for tea at the Limbe Auction affected revenue realised to over shadow production increase.
The bank says tea prices averaged US$1.62 per kilogramme, lower than US$1.96 per kilogramme fetched in a corresponding month last year."
'via Blog this'
In its recently released monthly economic review, the central bank says low prices for tea at the Limbe Auction affected revenue realised to over shadow production increase.
The bank says tea prices averaged US$1.62 per kilogramme, lower than US$1.96 per kilogramme fetched in a corresponding month last year."
'via Blog this'
Malawi's Tea export earnings fall - BNL Times
Malawi's Tea export earnings fall - BNL Times: "Malawi’s foreign exchange earnings from tea exports slumped drastically in January 2014 due to low prices for the commodity on the international market, the Reserve Bank of Malawi (RBM) has reported.
In its recently released monthly economic review, the central bank says low prices for tea at the Limbe Auction affected revenue realised to over shadow production increase.
The bank says tea prices averaged US$1.62 per kilogramme, lower than US$1.96 per kilogramme fetched in a corresponding month last year."
'via Blog this'
In its recently released monthly economic review, the central bank says low prices for tea at the Limbe Auction affected revenue realised to over shadow production increase.
The bank says tea prices averaged US$1.62 per kilogramme, lower than US$1.96 per kilogramme fetched in a corresponding month last year."
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Malawi among eight poorest countries in the world | www.malawitoday.com
Malawi among eight poorest countries in the world | www.malawitoday.com: "New data released by the International Comparison Programme (ICP) which is hosted by the World
Bank has revealed that Malawi is among the top eight poorest countries in the world in terms of GDP per capita.
Per capita GDP is a measure of the total output of a country that takes the GDP and divides it by the number of people in the country.
The ICP 2011 report released on Tuesday ranks Malawi alongside countries such as Mozambique, Central African Republic, Niger, Burundi, DRC, Comoros and Liberia as the eight poorest out of 199 global economies with a GDP per capita of less than $1,000.
Malawi’s GDP per capita was recorded at US$381 in 2013. Economic Planning Minister Ralph Jooma asked for more time to scrutinise the report before commenting"
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Bank has revealed that Malawi is among the top eight poorest countries in the world in terms of GDP per capita.
Per capita GDP is a measure of the total output of a country that takes the GDP and divides it by the number of people in the country.
The ICP 2011 report released on Tuesday ranks Malawi alongside countries such as Mozambique, Central African Republic, Niger, Burundi, DRC, Comoros and Liberia as the eight poorest out of 199 global economies with a GDP per capita of less than $1,000.
Malawi’s GDP per capita was recorded at US$381 in 2013. Economic Planning Minister Ralph Jooma asked for more time to scrutinise the report before commenting"
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Friday, May 2, 2014
AfDB avails US$35.5m loan for Malawi water and sanitation project - business - News - StarAfrica.com
AfDB avails US$35.5m loan for Malawi water and sanitation project - business - News - StarAfrica.com: "AfDB avails US$35.5m loan for Malawi water and sanitation project
Posted by: APA Posted date : May 2, 2014 at 10:10 am UTC 6 views In: Business
The board of the African Development Bank (AfDB) has approved a US$35.5-million loan to support implementation of a project to improve Malawi’s rural water and sanitation infrastructure.According to a statement by the bank, its African Development Fund would make a loan of US$23 million available to Malawi while the Nigerian Trust Fund and the Rural Water Supply and Sanitation Facility Project would provide a loan of US$7.7 million and a grant of US$4.8 million, respectively."
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Posted by: APA Posted date : May 2, 2014 at 10:10 am UTC 6 views In: Business
The board of the African Development Bank (AfDB) has approved a US$35.5-million loan to support implementation of a project to improve Malawi’s rural water and sanitation infrastructure.According to a statement by the bank, its African Development Fund would make a loan of US$23 million available to Malawi while the Nigerian Trust Fund and the Rural Water Supply and Sanitation Facility Project would provide a loan of US$7.7 million and a grant of US$4.8 million, respectively."
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Malawi: U.S. Embassy Strives to Uplift Small Business Development
allAfrica.com: Malawi: U.S. Embassy Strives to Uplift Small Business Development: "Malawi: U.S. Embassy Strives to Uplift Small Business Development
BY MARY MAKHIRINGA, Lilongwe — As one way of empowering and uplifting small scale business in the country, the United States Embassy Deputy Chief of Mission to Malawi Michael Gonzales on Thursday inaugurated a bakery and an oil press project in northern region."
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BY MARY MAKHIRINGA, Lilongwe — As one way of empowering and uplifting small scale business in the country, the United States Embassy Deputy Chief of Mission to Malawi Michael Gonzales on Thursday inaugurated a bakery and an oil press project in northern region."
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