Data from the recent World Bank geological survey has revealed plenty of potential mineral deposits which government hopes will boost the country’s economy.
Director of geological survey department Jalf Salima said the data shows there are deposits below the surface that “demands follow-up work”.
Salima said Government will interpret all the survey based data while the private sector’s responsibility is to interpret data in their areas of interest to help them focus on their exploration efforts.
He further said the formations they have discovered are also found in neighbouring countries and gave an example of Kasungu Dyke which has similar qualities with that of the great Dyke in Zimbabwe which has a number of important metals.
The results, which comes at the end of a year-long survey co-financed by the World Bank and European Union through the Bank’s mining governance and growth support project, has seen high-resolution data being produced that provides insight into the country’s mineral potential which is to be explored for potential sites.
World Bank country manager for Malawi Laura Kullenberg has since urged government to understand the concepts of mining and development of resource wealth because if they do not get it right there could be conflict.
“The completion of this survey is a key achievement for Malawi especially if the detailed interpretation brings about positive results critical for the mining sector to help boost the economic growth that this country needs,” said Kullenberg
Minister of natural resources, energy and mining Bright Msaka commended the work of World Bank and EU in boosting the country’s mining sector and added that Malawians are the principal beneficiaries of Malawi’s mining wealth.
“If this data is properly utilised it will help the country realise a modern mining sector therefore Malawians will no longer be poor,” said the minister.
Meanwhile Malawi government has applied for the Extractive Industries Transparency Initiative candidature to ensure transparency and accountability in managing mineral revenue.
Malawians we need to watch these political leaders… forget about the mining, let’s switch on to tourism.
This is a beautiful village; just look. At that mountain.
Mmene anayambira muja, chitanitu goo!
Its longtime nw we r tired of these stories the country is syrugling bt polical leaders r jst cheating us never trust work up Flames
Will Boost Malawi’s Economy? Or Politicians Economy. Akuba Inu.,.,,
Tilime chamba chavomerezedwa ndi bwanachi kaye. (ganja nation )
lets talk
These pipo are trying to bring war in this land hmm?
You mean wthin my yard of compound
MINING SECTOR MUST PUSH THE PROGRAMME SO THAT OUR BROTHERS/SISTERS COULD ACCESS THE EMPLOYMENT.
Mina ang’as nex
how many times our gvt have repeated that issue but no any possible action to be taken
Malawi Gorvenment is bunch of failure
Olo titakhala ndi diamond mines in every district sitingalemere unless titachotsa high level corruption.
Olo golide dera ndi dera sitipindulabe amalawife,azingokwerera ndenge basi.thanx wanena zanzelu
Osaonongatu mj mnt mutakumva?
There was always an unfinished debate about the geographical position of Malawi. Why does it happen that all its neighbours have mineral deposits except Malawi herself? it made n makes no sense, now think of all that deposit if it were to b mined millions of years later, that Is now? Kamuzu had a vision for agriculture and according to the times he was in, it was a good economic move but now times have changed the ground isn’t producing even enuf for our families even the lake, fish population has gone down to the point of being unsustainable, why don’t we go for the obvious; mining. yes we have crooked politicians and greedy cooperates just waiting for that tap to open but it doesn’t mean 100% will end up in their pockets. the recent move by govt to research in2 medical marujuan production has given us hope, why not we explore all areas of our strength. all we need in Malawi is a patriot some one who is gonna have the nation @heart and @the same time be visionary like Banda and Bingu wa munthalika (during his first term only)
tiyen tiyambe kukumba basi
Will boost the country’s economy? Only if the mines are state owned. Its not proper to make decisions based on lies. State owned mines eventually get privatised and the ownership is lost to international cooporations. Kamuzu did not value mining but Malawi was in a better shape economically.
may be ;if we were ruled byEuropeans we would have been very rich country by now!!
Yes, mwina tinafulumira kukhala independent,mwina tikanalandira chamma 90s
We wont see any change. The money will go into our gov. Pocket. They couldn’t care less about the people. That is an african government.
Yes but our leaders too much beaurocracy and corruption samples are vbveing taken tons and tons for verification for ten yyears but we have never hElD that now the mines have started operating its only kayerekera
Even if these minerals are escavated, we already know our government, the money will probably end up enriching themselves. I dont even understand why you have to be so greedy….
we don’t recognise any benefit when these minerals are extracted
Indeed We Dont Benefit Aaron.
ofcoz we can say malawi has lots of sources to boosts its wealth but the beneficiaries stills remains the rich hence widening the gap between the rich and the poor. let us first minimise the gap through proper economic strategies
data data data all we hear is data data. no action,malawi!!!