Globe Metals & Mining Signs MOU for Exploration Activities in Malawi

Mining Weekly reported that Globe Metals & Mining has signed an MOU with East China Mineral Exploration and Development Bureau in regards to exploration activities in Malawi.

As quoted in the Mining Weekly report:

Under the terms of the MoU, Globe would maintain control of all exploration activities, while ECE would substantially fund all exploration activity at the Kanyika niobium project, the Chiziro graphite project, the Machinga rare-earth element project, and the Salambidwe rare-earth element project.

To view the whole Mining Weekly report, click here.