Tags: Kayelekera

Uranium price pick-up holds key to kayelekera mine

  Dual-listed miner, Paladin Energy Limited is still keeping its fingers crossed to see spot uranium prices on the global market rebound to profitable levels for it to resume uranium production at Kayelekera Uranium Mine (KM) in Karonga. The company, through its subsidiary Paladin (Africa) Limited, stopped uranium production at Malawi’s largest investment venture two…

Report faults Paladin incentives

International civil society group, ActionAid, has released a report that accuses Australian mining firm Paladin (Africa) Limited ripping Malawi off $43 million (around K19 billion) through ‘harmful’ tax incentives and tax dealings. But Paladin country director Gregg Walker yesterday dismissed the report as a misrepresentation of facts and another attack from the civil society, saying…

Varied voices, same song

Disunited civil society interventions are partly to blame for the hardship of people affected by investments in mining. JAMES CHAVULA writes. ————————————————— In the hills of Karonga North West, Village Head Sele likens civil society organisations (CSOs) to an undertaker. “The non-governmental organisations are here because things are already out of hand. They often come…

Expert warns on uranium long-term effects

French nuclear engineer Bruno Chereryon, an expert Paladin Africa Limited rejected two years ago, has warned about high radioactivity which may have graver long-term effects on the people surrounding the uranium mine. Chereryon first visited the country in May 2012 when he discovered hot spots in the environment of the suspended mine and high concentration…

Kayerekera under microscope

The civil society in Karonga have engaged an international nuclear expert to conduct an independent investigation into the silent side-effects of uranium mining at Kayerekera in Karonga North West. Bruno Chareyron, a French engineer in energetic and nuclear physics with a master’s degree in particle physics, will touch down at Kamuzu International Airport, Lilongwe, on…

KUM suspension will not affect economy—IMF

Global multilateral lender, the International Monetary Fund (IMF), has allayed fears that the suspension of Kayelekera Uranium Mine (KUM) in Karonga will suppress Malawi’s economic growth in 2014. The Bretton Woods institution has also backed the decision by the Australian miner to have the mine suspended until uranium prices rebound on the international market arguing…

Sitting on wealth, deemed unworthy: Kayelekera villagers

About three kilometers from the multimillion kwacha uranium mine in Karonga, traditional authority Kyungu lies Kayelekera village, apparently saddled with hopelessness and despair. It is situated some 8 kilometers off the Karonga-Chitipa road. An uphill gaze at the village tells a story of unrelenting poverty, yes poverty which refuses to subside as manifested by scanty…

Ruined face of Kayerekera Village

From a hilltop, the numerous thatched mud huts that clog a village after which Malawi’s largest uranium mine was named comes into view. It is a month since villagers woke up to tremors of earth-breaking explosives and heavy vehicles bumping to and from Kayerekera Uranium Mine run by Paladin Africa Limited. They sadly remember Friday,…

The yellow cake that never cheered Malawi

Announced amid a huge political storm—a post election impasse refusing to abate—news that Australian energy giant, Paladin Energy Limited has halted production at the country’s sole uranium mine at Kayelekera in Karonga has been greeted with nervousness and regret by the country’s economic watchers. The development has, however, received a little lukewarm reaction than it…