Malawi will not be able to realise maximum benefits from its mineral endowment until the country gets a detailed analysis of where these minerals really are, chief executive officer for South Africa’s Council of Geoscience, Mxolisi Kota has said.
He made the remarks ahead of the signing of an agreement between his organisation and the Malawi Government through the Ministry of Mining.
The agreement aims to strengthen Malawi’s capacity in the mineral mapping and analysis so as to be able to have enough information for the benefit of would be investors.
“There is need for Malawi to have detailed information about its geophysics to maximise output from mineral deposits. Such information can help countries such as South Africa offer necessarily expertise on the mining sector,” explained Kota.
Mining Minister John Bande said Malawi will benefit more from the agreement as the Council of GeoScience has vast experience gained over the 100 years of its existence.
Meanwhile, with funding from the World Bank Malawi will soon conduct a Geo-survey, which will help the country know where exactly its mineral deposits are lying.
