Mkango Resources Ltd (AIM/TSX-V: MKA) Government of Malawi are finalising the Mining Development agreement negotiations

Feb 18, 2022, 10:45 AM

We have an exciting exclusive for Mkango Resources shareholders, an excerpt from a speech given this week by the Malawian State President His Excellency
Lazarus Chakwera to the Malawi House of Parliament prior to the announcement of the 2022/2023 budget.

He mentions that the Government of Malawi are finalising the Mining Development agreement negotiations with Mkango Resources and says that his government has already committed to providing power/ energy to the Songwe Hill Rare Earth project and have already completed upgrading a mine road to the project.

We thought this would be exciting for investors to hear, as they may have missed it in the Malawian Press and Social Media