The mining industry of Malawi, includes a number of gemstones and other minerals.
The value of mining is dominated by the extraction of fuel minerals, particularly uranium. Malawi's production of uranium has contributed 1% to the global production of this mineral. Since 2009, with new licenses granted to extract it from the Kayelekera uranium mine in Karonga District, in the northern region of the country, its production has contributed to an increase of Malawi's Gross Domestic Product (GDP) from 1% to 10% as of 2013. It is estimated that with increased emphasis on mineral extraction, the sector's contribution to GDP could be 20% by 2023.[1][2] As of the financial year 2015–2016, the Government of Malawi reported that mining contributed less than 1%.[3] This is attributed to suspension of production at Kayelekera Uranium Mine.[4]
- ^ "2010 Minerals Yearbook- Malawi" (PDF). U.S. Department of the Interior:U.S. Geological Survey. Retrieved 2 June 2015.
- ^ "Mines And Minerals Policy Of Malawi" (PDF). Ministry of Mining. March 2013. Retrieved 2 June 2015.
- ^ Annual Economic Report 2016 (PDF). Malawi: Ministry of Finance, Economic Planning and Development, Government of Malawi. 2016.
- ^ Etter-Phoya, Rachel (7 February 2014). "Paladin suspends production at Kayelekera, Malawi's largest mine". Mining in Malawi. Retrieved 14 January 2017.