Chilwa Minerals Limited to start mining this year.

Malawian minerals continue to attract investors, as Chilwa Minerals Limited, an Australian exploration minerals company has expressed its interest in rolling out its mineral exploration project in the country.

This has come out during a meeting which the founder and Managing Director for the company Cadell Buss hailed in Mzuzu with the Minister of mining Kenneth Zikhale Ng’oma.

According to Buss, the company is centered around Chilwa Basin.

Buss also revealed that his company has a laboratory where some tests of the minerals will be happening.

He said: ” the discussions with the government of Malawi, through the ministry of mining are at an advanced stage, adding that there are prospects that the exploration of the minerals can start by August this year”.

On his part, Mining minister Kenneth Zikhale Ng’oma expressed optimism that the country will benefit a lot with the coming of Chilwa Mineral Limited.

“Chilwa Mineral Limited has an established mineral lab in Zalewa which will help to reduce cost as for a long time the country has been doing its mineral test and analysis outside the country,” He said.

Chilwa Minerals Limited is advancing the Chilwa project in the southern Malawi , focusing on heavy minerals sand and rare earth elements and it is covering over 800 square kilometers.