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MINISTER OF INDUSTRY URGES MINERS TO ADD VALUE TO PRECIOUS STONES: LAUNCHES NYASA MINING GALLERY

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Minister of Industry Roy Kachale Banda has implored small scale miners in the county to add value to minerals they are extracting in order to maximise gains.

The minister said through value addition, the miners have opportunity to sell their products at a higher price as well as creating jobs.

He made the remarks in Lilongwe on friday when he launched Nyasa Mining gallery being run by Nyasa Mining Cooperative.

“We are discussing with local universities such as Malawi University of Science and Technology to come up with ways of improving our products to be of the desired quality and price” said Kachale.

He has since disclosed that government is working towards introducing a structured market for gemstone and other minerals just as it is the case with gold.

Nyasa Mining Cooperative Chairperson Percy Maleta said the unique gallery situated in area 43 in Lilongwe seeks to provide a space where people including locals will be able to appreciate various precious stones the country has and encourage them buy jewelry made locally.

He has also asked government to support the Cooperative with machinery that would help in processing the stones before selling outside or within the country.

“Apart from exporting jobs, 80 percent of the value of our stones is lost to the selling of raw stones, we need to address this by adding value” said Maleta.

Mining is linked to Industrialisation under Pillar two of Malawi’s national agenda, the Malawi 2063.

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