Malawi: Mining in the heart of Africa: Malawi: Mining in the heart of Africa
Published on October 26, 2018
Leon Louw
�The mining industry in Malawi is still in an early stage. The country is one of the poorest in the world, landlocked, and the infrastructure is old and not ideal to support a thriving mineral sector. Malawi has a fledging aggregate industry, nevertheless, and exploration projects for oil, rare earth elements (REEs), and graphite are putting it on the global mining map. It is best known for its substantial deposits of uranium, and pockets of small-scale coal operations. To date, Paladin Energy’s Kayelekera uranium mine has been the only large-scale mining project to get off the ground in this small country, better known for its lake resorts, fishing villages, and kapenta boats than for its large mineral deposits. Kayelekera, though, has been on care and maintenance for the past four years, following the sudden drop in uranium prices after the Fukushima nuclear disaster in Japan in 2011, and ongoing high operating costs.�
Published on October 26, 2018
Leon Louw
�The mining industry in Malawi is still in an early stage. The country is one of the poorest in the world, landlocked, and the infrastructure is old and not ideal to support a thriving mineral sector. Malawi has a fledging aggregate industry, nevertheless, and exploration projects for oil, rare earth elements (REEs), and graphite are putting it on the global mining map. It is best known for its substantial deposits of uranium, and pockets of small-scale coal operations. To date, Paladin Energy’s Kayelekera uranium mine has been the only large-scale mining project to get off the ground in this small country, better known for its lake resorts, fishing villages, and kapenta boats than for its large mineral deposits. Kayelekera, though, has been on care and maintenance for the past four years, following the sudden drop in uranium prices after the Fukushima nuclear disaster in Japan in 2011, and ongoing high operating costs.�
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