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Sunday, May 1, 2011

Resource Star defines new geochemical rare earth elements targets in Malawi - Proactiveinvestors (AU)

Resource Star defines new geochemical rare earth elements targets in Malawi - Proactiveinvestors (AU): "Resource Star defines new geochemical rare earth elements targets in Malawi
Thursday, April 28, 2011
Resource Star (ASX: RSL) has identified rare earth elements (REE) anomalies after the interpretation of a systematic soil survey at the company’s 90% - owned Ilomba Hill Project in northern Malawi."

Wednesday, April 27, 2011

Rare Earths in Phalombe


MKANGO RESOURCES LTD. ANNOUNCES COMMENCEMENT OF DRILLING AT THE SONGWE RARE EARTH PROJECT AND UPDATE ON EXPLORATION ACTIVITIES IN MALAWI

/NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES/
ALBERTA, April 18 /CNW/ - Mkango Resources Ltd. (TSXV-MKA) (the "Corporation" or "Mkango") is pleased to announce that a diamond drilling program has commenced at the Songwe Hill rare earth project in Malawi.
Mkango commenced trading on the TSX Venture Exchange on January 6, 2011, having completed an oversubscribed brokered and non brokered private placement with gross proceeds of $7,760,750TO READ MORE CLICK HERE

Monday, April 25, 2011

World Bank, EU to support Malawi’s mining sector

World Bank, EU to support Malawi’s mining sector: "World Bank, EU to support Malawi’s mining sector
PANA


Malawi’s nascent mining sector has received a huge boost through a US$30.66 million Mining Governance and Growth Support Project that would be co-financed by the World Bank and the European Union.

The Bank will put in US$25 million while the European Union will pump in the remaining US$5.66 million. The Project will run until Septembe"

AFP: Mozambique builds $102 million airport

AFP: Mozambique builds $102 million airport: "Mozambique builds $102 million airport
(AFP) – Apr 14, 2011
MAPUTO — Mozambique is building a $102 million (70 million euros) airport in the northern city Nacala in an effort to expand infrastructure to attract tourists and investment, an official said Thursday.
Construction has already started on the Nacala International Airport, deputy transport minister Manuela Ribelo told AFP."

Work on coal terminal in Nacala, Mozambique, due to begin in July | Macauhub English

Work on coal terminal in Nacala, Mozambique, due to begin in July | Macauhub English: "Work on coal terminal in Nacala, Mozambique, due to begin in July
APRIL 25TH, 2011 NEWS
Maputo, Mozambique, 25 April – Construction work to build the coal terminal of the Mozambican subsidiary of Brazilian mining company Vale at the port of Nacala is due to begin in July, according to Mozambican newspaper Notícias, which reported that the facility would represent an investment of US$1.6 billion"

Wednesday, April 20, 2011

Vale and Nation Agree on New Railway

19 April 2011

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Maputo — The Malawian government and the Brazilian mining company Vale on Monday signed a memorandum of understanding in the Malawian capital, Lilongwe, on the construction of a new railway across southern Malawi.

The agreement was witnessed by Mozambican Transport Minister Paulo Zucula."

Friday, April 15, 2011

Paladin achieves record uranium sales for March quarter, downgrades guidance

PERTH (miningweekly.com) - ASX- and TSX-listed uranium miner Paladin Energy has reported record uranium sales for the quarter ended March, despite a 4% decrease in production figures.

During the three months to March, Paladin sold around 1,4-million pounds of uranium oxide (U3O8), generating a record revenue of $92,5-million."

Paladin defends N-power, warns of supply shock | The Australian



URANIUM miner Paladin has stepped up its criticism of international reporting on the unfolding nuclear crisis in Japan, saying the media is 'obsessed' with the incident and that nuclear power is inherently safe.

The Africa-focused miner also downgraded its annual production guidance, blaming bad weather and fuel shortages at its mines in Namibia and Malawi.

Paladin is among global uranium miners whose shares have been hammered since the March 11 earthquake and tsunami in Japan triggered an emergency at the Fukushima Daiichi nuclear power plant that has yet to be fully brought under control"