Stakeholders in the local mining sector have urged government to secure investment in exploration and extraction of mineral resources to maximise gains from it. The sentiments come amid concerns that local and foreign investors cannot finance large-scale mining projects. Speaking at the inaugural Mining Investment Forum in Lilongwe, Lotus Malawi managing director Keith Bowes said
The African Mineral Strategy Group has urged Malawi to play a leading role in financing exploration of mineral resources in the country to boost the sector and reap more. Speaking during the official opening of the inaugural Mining Investment Forum in Lilongwe yesterday, African Mineral Strategy Group secretary general Moses Engadu said African governments, including
The National Planning Commission (NPC) says while funding to the mining sector has increased, more resources are needed to kickstart the sector. In an interview on Thursday, NPC director general Thomas Chataghalala Munthali observed that while the legal and policy environment has made significant progress, small resource allocations to the sector have delayed the mining
Malawi Government and Lotus Resources Limited, an investor in Kayelekera Uranium Mine in Karonga, have hit a deadlock on how much tax should be levied on profits before they can seal the Mining Development Agreement (MDA). The two parties are also stuck on the type of chemicals which can get concessions before an MDA is
Perth, Australia (Newsfile Corp. - January 15, 2024) - Lotus Resources (ASX: LOT) (OTCQB: LTSRF) is pleased to announce the company is participating in the upcoming 121 Mining Investment Conference in Cape Town. 121 Mining Investment Cape Town will be hosting over 125 mining companies and more than 550 sophisticated investors for two days of pre-arranged, targeted 1-2-1 meetings. Alongside the curated schedule of pre-booked meetings matching investors with .