Latest Malawi News

Lindian Resources has made significant strides in advancing its Kangankunde Rare Earths Project, securing key construction contracts, initiating site works ahead of schedule, and strengthening its leadership team. The company is also progressing downstream testwork with ANSTO and actively pursuing funding opportunities to underpin development.

Kula Gold has reported promising drilling outcomes at Mt Palmer and Mustang prospects, earned an 80% stake in Mt Palmer, and raised $1.39 million through a recent entitlement offer.

Sovereign Metals has released its March 2025 quarterly report, highlighting an Optimised Prefeasibility Study that confirms the Kasiya Project’s global significance as a low-cost producer of rutile and graphite. The company also reports successful land rehabilitation and robust financial backing ahead of its Definitive Feasibility Study.

Lotus Resources is on track to restart uranium production at its Kayelekera project in Malawi by Q3 2025, backed by strong funding and binding offtake agreements covering up to 3.8 million pounds of uranium from 2026. Meanwhile, its Letlhakane project in Botswana advances with an updated scoping study supporting robust production potential.

Chilwa Minerals advances its critical minerals exploration with over 3,000 metres drilled at key deposits, a strategic assay lab shift to South Africa, and expanded local lab operations to support growing activity.

DY6 Metals has revealed significant high-grade gallium mineralisation at its Tundulu Rare Earth and Phosphate project, with assays showing grades up to 310.46 g/t Ga2O3 from surface and at depth. This discovery highlights the project’s potential amid rising gallium demand and supply constraints.

Lindian Resources has reported an unlawful trespass at its Kangankunde Rare Earths Project in Malawi involving unauthorized foreign nationals, highlighting the project's geopolitical sensitivity and the company's commitment to security.

Lindian Resources has appointed seasoned financial advisor Henk Ludik to advance funding negotiations for its Kangankunde Rare Earths Project amid rising investor interest and a non-binding $50 million package with Gerald Group.

Bastion Minerals has appointed Allister Caird as CEO and Dr Julian Stephens as Chief of Exploration and Strategy, signaling a strategic push to advance its Canadian copper projects with seasoned leadership.

Lindian Resources has awarded a $1.3 million contract to Mota-Engil for the construction of a critical access road at its Kangankunde Rare Earths Project in Malawi, marking a key milestone in project development and local infrastructure enhancement.

NGX Limited has developed an innovative process that converts previously discarded graphite fines into high-value spherical graphite, significantly enhancing production yields and the economic potential of its Malingunde Graphite Project.

Globe Metals & Mining has reached a pivotal funding milestone with a US$10 million convertible loan agreement, propelling the Kanyika Niobium Project closer to development. The updated feasibility study remains on track for completion by March/April 2025, underpinning the project's execution phase.