Mining regulator targets non-compliant firms
Fifty-five mining exploration applications are earmarked for removal from the Mining and Minerals Regulatory Authority's management and tracking system for failing to comply with conditions, reports Malawi Nation. According to the authority, between 2020 and 2025, 46 small and medium companies applied for 55 licences for exploration of minerals, but they have failed to fulfil application conditions. At least 39 of the 55 applications have issues with meeting environmental clearance requirements while others failed to submit exploration budgets, provide proof of financial capacity or conduct ground verification to ascertain site boundaries. Chamber of Mines and Energy national co-ordinator Grain Malunga said the removal of the applications will help clean up the cadastre system. He said: ‘The system was infiltrated by dishonest officers who were blocking areas for personal gains. The removal will free up space for serious investors.’ The Mines and Minerals Act of 2023 established the authority to regulate the mineral sector in the development and utilisation of mineral resources in line with sustainable development principles.