Latest Malawi News

Sovereign Metals' March 2026 update reveals a robust DFS for its Kasiya Rutile-Graphite Project, a substantial resource upgrade, strategic offtake MOUs, and a high-value heavy rare earth by-product discovery.

Chilwa Minerals confirmed a significant niobium discovery at its Nakombe target, progressing with dual diamond rig drilling and advancing a NASDAQ listing application. Heavy mineral sands resource work continues alongside a new ionic clay rare earth program.

AuKing Mining has bolstered its project portfolio with the acquisition of a Tasmanian tin and silver licence and the Malawi-based Tundulu Rare Earths Project, supported by $5 million in recent equity placements.

Fortuna Metals (ASX: FUN) has extended the rutile mineralisation footprint at its Mkanda Project in Malawi from 37km² to 53km², revealing high-grade cores and planning extensive drilling to underpin a maiden resource estimate in the second half of 2026.

Chilwa Minerals has mobilised a second diamond drill rig at its Mpyupyu target in Malawi, accelerating exploration of niobium, rare earths, tantalum, and gallium within a newly identified alkaline syenite intrusion. With over 1,000 metres drilled and key assay results pending, the company is poised for a revised resource estimate in May 2026.

Tusker Minerals Ltd has seen its TSKO securities suspended from ASX quotation immediately due to non-compliance with listing rules. The suspension applies solely to this security class while the company works to meet regulatory requirements.

AuKing Mining has wrapped up a drone-based magnetics and LiDAR survey across its Tundulu rare earths project, setting the stage for a drilling campaign targeted for May. The high-resolution data aims to sharpen drill targeting within the 5km carbonatite complex.

Fortuna Metals has outlined a substantial exploration target of 180-240 million tonnes at 0.86-1.0% rutile grade at its Mkanda project in Malawi, advancing drilling and metallurgical testing to position itself in a tightening global titanium feedstock market.

Lindian Resources has locked in a US$11.6 million financing package from Malawi's NBS Bank, bolstering the Kangankunde Rare Earths Project with asset-backed and working capital facilities. This deal complements Lindian’s recent A$100 million placement and underscores its commitment to local partnerships.

Lindian Resources has secured a fixed-price diesel supply agreement for the Kangankunde Rare Earths Project, removing fuel cost uncertainty through construction and commissioning and reinforcing the project’s low-cost profile.

AuKing Mining has agreed to acquire the Tundulu Rare Earths Project in Malawi, a large and under-explored carbonatite complex with strong historical drilling results. The acquisition is supported by a $3 million capital raise to fund exploration and drilling activities.

Sovereign Metals has delivered a definitive feasibility study (DFS) for its Kasiya Rutile-Graphite Project in Malawi, revealing robust economics, a 25-year mine life, and the potential to become the world’s largest producer of natural rutile and flake graphite, both critical minerals for Western supply chains.