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Thursday, July 26, 2018

Chinese granted Mangochi licence in Malawi – Mining & Trade Review | Mining in Malawi

Chinese granted Mangochi licence in Malawi – Mining & Trade Review | Mining in Malawi: Government has awarded a mining licence for Makanjila heavy mineral sands (HMS) deposit in Mangochi to a Chinese firm, New Kin International Ltd, which is ready to invest US$78 million to develop the mine.

But the action has sparked outrage from members of the civil society who have berated the authorities for cloaking the deal in secrecy, a practice which they say counters tenets of good governance.

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