Oil licence reviews concludes in March - BNL Times

Oil licence reviews concludes in March - BNL Times: "The Ministry of Natural Resources, Energy and Mining says it is still in the process of scrutinising licences given to companies for exploration of oil and gas in the country and expects to conclude the exercise by mid-March."



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Millennium Challenge Account says Malawi compact on track - BNL Times

Millennium Challenge Account says Malawi compact on track - BNL Times: "The Millennium Challenge Account says the US$350.7 million power compact project being financed by Millenium Challenge Account Malawi (MCA-M) to rehabilitate Malawi’s electricity infrastructure is on track and wants the country to continue making progress.

MCA-M deputy chief executive officer, Lameck Mithi, says the project will have to be implemented within the scheduled five year period as failure to do so will result into Malawi funding the completion of the projects in its own."



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‘Workers, residents exposed to radiation’ - BNL Times

‘Workers, residents exposed to radiation’ - BNL Times: "Workers and the community around Kayerekera Uranium Mine in Karonga are exposed to radiation which puts them at risk of cancer, a report has revealed.

The report titled ‘The impact of the Kayerekera Uranium Mine Malawi’ dated February 12, 2015 follows an assessment which was carried out in 2012 following a public outcry from the community around the mine that the extractive industry was impacting negatively on their lives.



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3 Reasons to Be Bullish on Uranium - Investment U

3 Reasons to Be Bullish on Uranium - Investment U: "Just as many energy markets are looking very unhealthy, one is coming back from the dead. And that market is uranium. The green-glowing power source is ramping up, catching the bears with their fur down as it sets its sights on higher prices.

And that should mean an even BIGGER move for uranium miner"



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Malawi hosts regional power conference - business - News - StarAfrica.com

Malawi hosts regional power conference - business - News - StarAfrica.com: "You Are Here: Home » business » Malawi hosts regional power conference
Malawi hosts regional power conference
Posted by: APA Posted date : February 23, 2015 at 9:40 am UTC 12 views In: Business
The Electricity Supply Corporation of Malawi (ESCOM) is hosting the Power Institute of Eastern and Southern Africa conference on technical rationalization that opens in the resort district of Mangochi on Monday and runs until 25 February.A statement from ESCOM said the conference was aimed at achieving economies of scale with local manufacturers in an effort to enhance electrification in the region."



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Uranium spot price expected to push through $40/lb this week: Cantor Fitzgerald - Proactiveinvestors (AU)

Uranium spot price expected to push through $40/lb this week: Cantor Fitzgerald - Proactiveinvestors (AU): "Uranium spot price expected to push through $40/lb this week: Cantor Fitzgerald
Wednesday, February 18, 2015 by Deborah Bacal

The uranium spot market will likely see some big moves this week, according to analysts at Cantor Fitzgerald, after two of the world's largest uranium mines encountered supply disruptions."



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Malawi in 'desperate need' of donor support, president tells World Bank

Malawi in 'desperate need' of donor support, president tells World Bank: "Malawi in ’desperate need’ of donor support, president tells World Bank

Monday, 16 February 2015 00:20 Posted by Shoaib-ur-Rehman Siddiqui 72
BLANTYRE: Malawian President Peter Mutharika pleaded Sunday with the World Bank to consider resuming aid to the poor southern African nation, saying it was in "desperate need of donor support"."



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Ministry to improve power supply

Ministry to improve power supply: "Ministry of Energy And Mining has disclosed by mid next year, the country will have 100 additional megawatts of electricity added to the national electricity grid using solar power.
Minister responsible Mr. Atupele Muluzi said after visiting Mkula Power Hydro power station that government is devising other sources of energy to meet the national demand of electricity.
So far he said his ministry has secured 100 million United States Dollars for 50 megawatts out of the 100 megawatts to be produced using solar."



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Flood Devastation Forces Malawi to Cut Growth Forecast for 2015 - Bloomberg Business

Flood Devastation Forces Malawi to Cut Growth Forecast for 2015 - Bloomberg Business: "(Bloomberg) -- Malawi’s growth in 2015 will fall short of the 5.8 percent projected at the beginning of the year because of the damage massive floods have caused to the country’s farming industry, said President Peter Mutharika.
“The damage caused by the flood disaster to the economy is estimated at 23.9 billion kwacha ($53 million), excluding the cost of the relief program currently underway,” Mutharika said Tuesday in his state of the nation address, broadcast from the capital, Lilongwe"



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Mkango Resources Announces Update on Thambani Project | Resource Investing News

Mkango Resources Announces Update on Thambani Project | Resource Investing News: "Mkango Resources Announces Update on Thambani Project
Tuesday January 20, 2015, 8:09am PST
Mkango Resources Ltd. (TSXV:MKA) announced an update on the Thambani Project in southern Malawi. The project is focused on zones of anomalous uranium and associated niobium and tantalum targets across the Thambani Massif.

As quoted in the press release,"



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