Legal Framework
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Mines and Minerals Act
The Mines and Minerals Act 2023 is the primary legislation governing the mining sector in Malawi. It is officially known as Law No. 25/2023 and regulates all matters related to prospecting, exploration, and mining of minerals in the country. This act vests the entire property in, and control over, minerals under the Malawian jurisdiction.
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Key Aspects of the Act:
- Regulatory Framework: The Ministry of Mining and Mining and Minerals Regulatory Authority are the government bodies regulating and overseeing the implementation of the Act.
- Scope: The Act covers various aspects of mining, including prospecting, exploration, and mining of minerals.
- Ownership of Resources: The state retains ownership of all minerals under the Malawian jurisdiction.