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“For decades, Malawi has lacked patriotism.”
Malawi President Lazarus Chakwera has announced that he is set to make major reforms in the mining sector, including setting up of a government-owned mining company.
In his special televised government policy national address at Mtunthama State Residence on Sunday, President Chakwera disclosed that the Malawi government plans to establish a Mining Regulatory Authority in order to reorganise the country’s mining industry.
Chakwera announces new Mining Policy
Said President Chakwera: “In the June sitting of Parliament, my administration will present a Bill to establish a Mining Regulatory Authority.
“The Authority’s mandate will be to regulate the development, management, and utilization of our country’s mineral resources in line with sustainable development principles and practices.”
Press release content from PR Newswire. The AP news staff was not involved in its creation.
Equinox Gold Sells Pilar Gold Mine
April 19, 2021 GMT
All dollar amounts are expressed in US$
VANCOUVER, BC, April 19, 2021 /PRNewswire/ - Equinox Gold Corp. (TSX: EQX) (NYSE American: EQX) (“Equinox Gold” or the “Company”) is pleased to announce that the Company has sold its Pilar Gold Mine in Brazil to Pilar Gold Inc. for aggregate consideration of:
$38 million in cash, payable as follows:
$10.5 million on closing, which has been received;
$10 million payable on or before May 31, 2021; and
$17.5 million payable on or before July 31, 2021.
A 9.9% equity interest in Pilar Gold Inc.; and a
Press release content from Accesswire. The AP news staff was not involved in its creation.
Philippines Lifts 9 Year Ban On New Mining Deals
April 16, 2021 GMT
Not for release to US wire services or distribution in the United StatesANNOUNCEMENT TO THE TORONTO STOCK EXCHANGE AND AUSTRALIAN SECURITIES EXCHANGESUBIACO, WESTERN AUSTRALIA / ACCESSWIRE / April 16, 2021 / RTG Mining Inc. ( RTG , the Company ) .
Not for release to US wire services or distribution in the United StatesANNOUNCEMENT TO THE TORONTO STOCK EXCHANGE AND AUSTRALIAN SECURITIES EXCHANGESUBIACO, WESTERN AUSTRALIA / ACCESSWIRE / April 16, 2021 / RTG Mining Inc. ( RTG , the Company ) .
Not for release to US wire services or distribution in the United States