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Re: NYC Trader post# 10217

Thursday, 01/31/2013 10:52:51 AM

Thursday, January 31, 2013 10:52:51 AM

Post# of 18804
Yes they do have deals in Malawi, Malawi has three heavy mineral sand deposits that have had varying amounts of work carried out on them. The Tengani deposit is situated in the south of the country and has estimated reserves of over 108 Mt of heavy minerals, of which ilmenite is the main titaniferous bearing mineral. The Mpyukyu/Kachulu deposit is located within the Lake Chilwa Basin in eastern Malawi. Reserves are estimated at 4.8 Mt ilmenite, 300 000t zircon and 10 000t rutile. The Monkey Bay, Salima and Unga deposits are all beach deposits located along the shores of Lake Malawi. Collectively, these deposits support an appreciable titanium resource.