By Marcel Chimwala
Rashid Gaffar, Malawi’s Minister of Mining has approved the Mining Licence for the Kanyika Niobium Project licenced by Globe Metals and Mining Limited (Globe).
Receipt of the Kanyika Mining Licence enables Globe to proceed with the implementation of the Kanyika niobium mining project, East of Chataloma in the Mzimba District.
Globe’s Managing Director, Mr Alistair Stephens, welcoming receipt of the Mining Licence, commented: “This is a significant step forward for Malawi and the Company on the road to becoming a global niobium producer.”
“Globe has demonstrated its commitment to the project by working diligently and cooperatively with all stakeholders for several years. This is a testament to the patience and dedication of the team in Malawi.”
“The Company looks forward to engaging with the Kanyika community and embarking on the next phase of this very important project.”
The Kanyika project will produce each year about 3000 tons of niobium and 120 tons of tantalum in concentrate over a 23-year projected mine life, and will require up to US$200m to construct and bring into production.
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