To say that 2020 was an interesting year for the stock markets would be an understatement. But 2020 is behind us, and we need to look ahead. What will be the best shares in 2021 in South Africa? The question now arises as to which stocks are likely to perform well in the second half of 2021 ..read more

Last month, the Government of Malawi announced that following the relinquishment of Blocks 1 and 6 by Efora Energy (formerly SacOil) and Pacific Oil Ltd, companies are invited to send in their expression of interest for exclusive prospecting licences. According to the announcement (below), In 2018 he twocompanies [sic] relinquished their respective Blocks following their failure to find partners with whom to sharerisks [sic] associated with exploration. However, both companies submitted their reports which clearly indicated the likelihood of finding commercially viable quantities of petroleumi ..read more

Take a read of the three most recent editions of the Malawi Mining & Trade Review. Mining & Trade Review June 2019 Mining & Trade Review July 2019 Mining & Trade Review August 2019 This monthly publication is edited by Marcel Chimwala ..read more

Paladin Energy has announced today that is selling its stake in Malawi’s Kayelekera uranium mine to Lotus Resources. Lotus Resources is a joint venture company between Hylea Metals (76.5% stake in Lotus) and Chichewa Resources (23.5% stake in Lotus). ASX-listed Hylea Metals is a junior exploration company founded in 2006 that has its primary exploration projects in Australia. Chichewa Resources is controlled by Grant Davey and Hylea Metals’ director Tim Kestell has a beneficial interest of 17.5% in Chichewa, which means he holds approximately 3.5% beneficial interest in Paladin Africa and the ..read more

#BreakingNews Malawi Cabinet out pic.twitter.com/t0TRmbTeFQ — Towards Malawi Elections 2024 (@malawi2024) June 19, 2019 A new cabinet has been formed following the 2019 tripartite elections. The two main opposition parties are contesting the results and demonstrations took place with more promised over the conduct of the Malawi Electoral Commission and the results. #malawi #ElectionResults2019 #demonstrations.Opposition party leaders @LAZARUSCHAKWERA & @SKChilima joined.Happening hours after President @APMutharika named a 24 member cabinet.@malawipolice assured #Malawians of #Security #e ..read more

RAK Gas continues its exploration for oil in Blocks 4 and 5. In today’s edition of The Nation, the public has been invited to public hearings and to comment on their latest Environmental and Social Impact Assessment for seismic surveying. At this stage, there is no exploratory drilling. This Environmental and Social Impact Assessment is for similar seismic surveying operations as carried out by Surestream Petroleum. The licences have subsequently been acquired by Hamra Oil. RAK Gas signed production sharing agreements in May 2014, just days before the 2014 tripartite elections. These contracts ..read more

Sovereign Metals is exploring a site for a potential graphite mine in Malingunde, Lilongwe. The draft Environmental and Social Impact Assessment is now available for your comments. Take a look at the collection of documents here. From the company: Sovereign Metals Limited (Sovereign) is currently conducting a number of technical studies, which will culminate in a definitive feasibility study (“DFS”), to determine the viability of developing the natural flake graphite deposit at Malingunde in central Malawi, 20 km southwest of Lilongwe Boma. In addition to the DFS, Sovereign commenced the envi ..read more

Malawi’s tripartite elections on 21 May 2019 are just three weeks away. Here, I briefly (and off the cuff!) look at promises made about mining in the manifestos of the four main political parties. Undoubtedly, I’ve missed things (especially as I have not looked at other related sectors like energy). So, over to you readers, what’s been left out of the manifestos? What seems feasible? Are you convinced? The Democratic Progressive Party (DPP) 2019 Manifesto ‘Sustaining a people-centred government’, is built on the pillars of patriotism, integrity and hard work. The president of the party ..read more

Malawi’s tripartite elections are just weeks away. The April 2019 edition of the Mining & Trade Review examines the main political party manifestos. You can take a look at the latest edition here. Head across to Nyasa Times to download the manifestos for yourself. Aspiring parliamentarians and councillors in Karonga were given the opportunity to debate their mineral-related policies, courtesy of the Natural Resources Justice Network and the Catholic Commission for Justice and Peace (financed by Oxfam). The Catholic Commission for Justice and Peace also engaged faith leaders in Karonga dio ..read more

The Malawi government courts the Commonwealth Secretariat for hand in oil sector assistance. This is the leading story in the Mining & Trade Review (March 2019, available for download). The Commonwealth Secretariat has been asked to support the government in the: Review of Petroleum (Exploration and Production) Act of 1983 Finalisation of the development of Petroleum Policy Developing a model petroleum sharing agreement (PSA) Re-negotiation of the PSA that it signed with RAKGAS Development of a community engagement strategy Capacity building This comes on the back of ongoing exploration be ..read more