Malawi has Gold deposits

chinyaugulewankulu · Newbie

Malawi has Gold deposits

awmygawd · Guru

Well, the money has to come from somewhere...

PS: I hope we don't look back to this day and regret it ever happened. The existence of gold, diamonds, etc has rarely ever been good news in Africa.

abuhakim · Senior Member

Awmy do you mean tidzayamba kuwonesana mbwadza?

Mchawa

awmygawd · Guru

abuhakim wrote:
Awmy do you mean tidzayamba kuwonesana mbwadza?

Mchawa

The problem is, the mere presence of valuable minerals in poor countries makes the instigation and sponsorship of political instability logical, at least in the minds of certain crooked individuals. Look at Malawian politics today; fist fights at party meetings, total anarchy in parliament, deployment of the armed forces at political rallies, etc. Can you imagine what might happen should there be multi billion dollar gold fields at stake? I don't think Malawi is ready for it. It is neither politically nor economically mature enough. And then there is the unwanted attention MW would get from other countries. It would be sad for Malawi to become another DRC; the poorest rich country on earth.

Studa · Senior Member

let us not get ahead of ourselves here. these things take time. the result will depend on quality, quantity and accessibility among other factors which have to be considered when doing the feasibility assessment.

chinyaugulewankulu · Newbie

Wawa Studa

What is need is a an invester with enough resources to secure and mine with an intent to do bussiness with the Malawi Government not to exploit that little hope of survival for our little country Malawi.
The first phase of feasibility studies has been carried out already and "The real Malawi Gold" not Chamba, has been found to be in abundance.The will use Over Cast Mining as the ore it just near the earts cast.
The only thing that i dont know is the quality but you have to be careful with these foriegn company's that come to help in feasibility studies of any mineral we happen to find in Malawi they always come up and say its not weathy it let the villagers grow maize on the rich land.