Sovereign controls a globally significant, strategic rutile province across its large ground holding in Malawi, with its flagship project Kasiya, one of the world’s largest rutile deposits.
This globally significant rutile province in Malawi, a stable, transparent jurisdiction known as “the Warm Heart of Africa”. Malawi is increasingly attracting international investment with substantial potential for mining to contribute to the country’s economic growth and development. Central Malawi boasts excellent existing infrastructure including grid power and an excellent sealed road network.
Kasiya is strategically located in close-proximity to the capital city of Lilongwe, providing access to a skilled workforce and mining and industrial services. The location provides access to the operating Nacala Rail Corridor linking to the Indian Ocean deep water port of Nacala in Mozambique, providing a low-cost transport solution and access to major international markets.
The Company’s objective is to develop a large-scale, long life rutile operation, focusing on developing an environmentally responsible, sustainable and socially uplifting operation.
Sovereign is rapidly continuing a number of work programs.
In 2015, Sovereign’s in-country geological team made a new and significant graphite discovery using hand auger drilling techniques in an area of no outcrop. The deposit is located at Malingunde, just 15km SW of Lilongwe, Malawi’s capital city, and has access to enviable infrastructure. It is 25km from operating rail, 20km from a major power sub-station and has plentiful fresh water sources nearby.
In the interview above, Chief Commercial Officer Sapan Ghai talks to Alan Green about the latest developments, including the Hascor take-off agreement.
Link here to view the latest Sovereign Metals #SVML presentation.
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