Mkango Resources on Malawi, the #1 Country in Africa for Rare Earths
May 28, 2013 — William Dawes, CEO and Executive Director, Mkango Resources Ltd. (TSX: MKA) in an interview with Dave Glover for ProEdgeWire (ProEdgeWire.com) during the Technology Metals Summit, next steps following the recent resource filing and oversubscribed private placement. He starts “…we’ve got a substantial indicated resource (rare earths) and we feel that it is sufficient for at least 20 years of mine life.”
William also comments on the Malawi location as Mkango’s operating base as a sizable competitive advantage. Malawi was the first African country where carbonatites were recognised, in the 50’s and 60’s, and is known as a ‘rare earths mineral province’. With ongoing road developments, a new railway line being built and planned power developments, Mkango is located in an area with infrastructure support and access, not to mention an area with potential for high growth.
Mkango Resources Ltd. (TSXV: MKA) is a Canadian mineral exploration and development company focused on rare earth elements and associated minerals in the Republic of Malawi. It holds a 100% interest in two exclusive prospecting licenses covering a combined area of 1,751 km² in southern Malawi.
Disclaimer: Mkango Resources Ltd. (www.mkango.ca) is an advertorial member of ProEdgeWire.