Incorporated in the United Kingdom, Britannia Mining Plc ("Britannia Mining" or "Britannia") is a mineral exploration company that holds extensive Iron Ore and Coal projects in Malawi, southern Africa. To date, Britannia has carefully acquired a portfolio of projects that cover a combined area in excess 900 km².        

Our mission is to define high-grade JORC compliant bulk tonnage coal and iron ore resources to develop into profitable mining operations that satisfy local and international demand.                   

During 2009 Britannia's wholly owned subsidiary was granted an Exclusive Prospecting Licence ("EPL") and ninety-nine year surface rights to carry out prospecting activities for high-grade iron ore (68% Fe) over 20 km² at Mindale Hill.                  
  
In November 2009, Britannia Mining increased the Mindale project area by 630 km² and commenced geological mapping and geophysical studies during December under the guidance of the company's consulting geologist John F Nkhoma.  Activities underway include target generation and sampling using systematic methodology and state-of-the-art technology.

                     

During Q3 2009 initial geological studies were conducted over the northern coal areas at Mphwamphwa and Ngana.          
                
The company since applied for an Exclusive Prospecting Licence over 145 km² at Mphwamphwa and a MOU ("Memorandum of Understanding") is in place to joint venture on the development of the Ngana coalfields where 15,000,000 mt tonnes have been proven by the Malawi government, and 50,000,000 mt tonnes are probable and 150, 000, 000 mt tonnes are possible.

Britannia Mining is managed by a highly skilled team that transacted a successful stock exchange listing for a mining development company during 2007.  This team are now committed to increase the value of Britannia Mining and generate maximum value for shareholders by developing the company's iron ore and coal projects into world-class assets that supply the global steel and energy sectors.                                            

    

   

 
 
 
Malawi Iron Ore Exploration Update

22 July 2010

Britannia Mining is pleased to announce that it has completed a magnetic survey at the company's high grade iron ore project in southern Malawi. 

The survey was conducted at the Nthale iron ore deposit ('Mindale') in preparation for a drilling program that is scheduled for Q4 2010.

The magnetic survey - taken over an area of 650 sq km, maps the Nthale project area and shows significant ore bodies beneath surface and also above-ground outcrop mineralisation.

Britannia Mining will release technical details about the geophysical and geological exploration at Nthale iron ore project during August 2010.

The Nthale iron ore deposit is based 22 kilometers to the north of Blantyre in southern Malawi.  It rises 40 metres above the Chileka Plain and is located 7 kilometres from the nearest railway station at Lirangwe.  The Nthale iron ore project is well served by logistical routes to the international steel market. 

Nthale iron ore is a high grade 68% Fe ore, suitable as an input for Direct Reduction ('DR') pellets.  Samples of Nthale iron ore have been tested by two MENA region manufacturers of DRI pellets.  Nthale iron ore is confirmed as suitable for long term supply to DRI steel plants. 

 
 
Britannia Signs Agreement to bring Sustainable Power to Africa

21 April 2010 

Britannia Mining is pleased to announce that it has signed an exclusive agreement to bring green and sustainable power solutions to Africa in association with The Doxford Power Group, established 1870.
 
Under the terms of the agreement, Britannia will act as exclusive commercial advisor for the Doxford modular power station, a cost effective system that can run on up to eight different fuels in tandem, including renewable and low grade fossil fuels derived from biomass and waste products.
 
The Doxford electricity generating unit can add significant value to the mining sector by reducing reliance on diesel that is used to power generators.  Other benefits include the production of by-products such as potable water that can be used at mine sites and utilised by surrounding communities. 

By implementing energy from waste projects miners can also benefit from dual income streams and address both waste management and power issues.

 

 
 
 
Malawi Mining Set to Net $500m

18 May 2010 

Malawi's mining prospects are expected to jump from the current $100m to $500m between now and 2018, the Malawi Ministry of Labour said.

A World Bank review of the country's mining sector revealed the good news. Principle Secretary Andrina Mchiela said such figures will provide employment as the industry will contribute more to the GDP.

"Currently the mining sector rolls in about 3% of the GDP. Projections are that the mining industry will contribute up to 20% by 2011," she revealed.

"Government is convinced the country's ability to diversify and turn around the economy lies in attracting both local and foreign investors to establish a viable mining industry," she said.

Source: Africa News 7 May 2010
 
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 Britannia Malawi Website

 

 

 

 

 

 

For more information about our Malawi projects please visit us at

www.britanniaminingmalawi.com
 
Malawi Budget

Lilongwe July 3 2009 

Presenting his K256 billion budget for the first time as Finance Minister, Ken Kandodo said the customs duties removed are aimed at stimulating manufacturing and promoting development projects in the country.  Among other things, duty on construction vehicles and borehole drilling vehicles has been scrapped.  The transport sector allocation has risen by 66% taking up 12 percent of this year's total expenditure.  Among other road projects, government has allocated K3.95 billion for the rehabilitation and maintenance of most existing roads and bridges.