07Aug2012

Britannia Poised for Strategic Growth With Further U.S. Relations

Following a Business Relations Meeting With U.S. Secretary of State Hillary Clinton, Malawi Receives Further Pledged Support. Britannia Mining Plc, a UK based mining development company, announced today that the Company is poised for additional growth following a visit yesterday between U.S. Secretary of State Hillary Clinton and Malawi’s President Her Excellency Joyce Banda. “The foreign interest in Malawi seems to be growing at an incredibly fast rate,” stated Kenneth Roberts, President of Britannia. “We are fortunate enough to have already been in the country, on the ground, building our iron ore mining operations.   With the global economic and political push into the south east region of Africa, our ability to take advantage of the additional 630 sq km we acquired over the last four years will substantially improve the economic outlook for our company.” Mrs. Clinton, who flew to Malawi to meet with President Banda, discussed the United States’ willingness to support the country in its economic growth, stating that the U.S., “strongly supports you and your government and your efforts on behalf of the people of this absolutely wonderful country.”    Clinton is the first secretary of state to visit Malawi. “The ongoing communications between Clinton and Banda shows excellent progress of the Malawian nation’s acceptance onto the global stage since our last meeting with Her Excellency at the Queen of England’s Diamond Jubilee,” continued Kenneth Roberts.  “We were granted the opportunity to meet with President Banda during the Queen’s celebratory events and made great use of the time. During the meeting with Mr. Roberts and Her Excellency Joyce Banda, Roberts presented Banda with a sample of the iron ore mined from Britannia’s 20 sq km property in Malawi. “Her Excellency was very pleased with the work being accomplished in her country,” said Roberts. Clinton’s message to Banda was to stay on their current course, making Malawi a more attractive investment to the foreign markets. In June, the International Monetary Fund and Malawi agreed to a $157 million aid package to be distributed over three years. The majority of this funding is aimed at assisting the country’s energy infrastructure. “We all have the same goals,” continued Roberts. “Our pending deal with Micron Enviro Systems (Symbol: MSVS) will enable us to increase our mining capabilities dramatically.  As a U.S. /U.K. partnered company, the political and economic support we expect to receive from international interest could be staggering.  Should this be the case, the Britannia/Micron Company could suddenly become a major benefactor in the region; providing the country with another major source of revenue while contributing to infrastructure and providing jobs to the Malawian people.” “We couldn’t be more pleased with the progress made between the U.S. and Malawi and expect that our Britannia/Micron union may greatly reap the benefits that should trickle down to everyone involved,” concluded Roberts.

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  • 7 Aug, 2012
  • Sindy Foster
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