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Wednesday, June 27, 2018

Malawi Government to establish gemstone market centre – Mining & Trade Review | Mining in Malawi

Malawi Government to establish gemstone market centre – Mining & Trade Review | Mining in Malawi: The Malawi Government has planned to establish a gemstone market centre in the country to enable artisanal and small scale miners (ASMs) have a ready market for their gems and curb smuggling of the minerals which is rampant.

Director for the Department of Mines in the Ministry of Natural Resources, Energy and Mining Jalf Salima told Mining & Trade Review that the development is one way of formalising the ASM subsector to maximize income for the miners, owing to better prices to be offered at the organized market, and the government through an upsurge in collection of revenue in form of taxes and licence fee

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