Searchlight Minerals Ltd (OTCMKTS:SRCH) is a junior mineral exploration and development company focused on the appraisal and advancement of heavy mineral sands projects in southern Africa. The company’s flagship asset is the Minimba Project in Malawi, which covers an extensive license area in the Licungo Basin. Exploration efforts have targeted the extraction of titanium minerals (including ilmenite and rutile), zircon and monazite, as well as rare earth elements critical to high-technology and clean-energy applications. Ongoing metallurgical test work and environmental baseline studies aim to optimize recoveries and de-risk the project’s path toward commercial production.
Founded in 2014 and headquartered in Toronto, Searchlight Minerals operates a dedicated project office in Lilongwe, Malawi. Since its inception, the company has completed multiple phases of drilling and sampling, culminating in a NI 43-101–compliant mineral resource estimate. Corporate strategy emphasizes collaboration with specialist engineering and metallurgical firms in South Africa and Europe to advance front-end engineering design (FEED) work. By applying international best practices to exploration, resource evaluation and environmental stewardship, Searchlight seeks to establish a competitive, cost-effective mining operation in a region with established industrial infrastructure.
Searchlight’s leadership team brings together seasoned professionals with extensive experience in African mining and capital markets. Chief Executive Officer Andrew Buckland, a geologist with over 20 years’ experience across Southern and East Africa, leads a board that includes experts in resource development, project finance and corporate governance. The company has adopted a rigorous environmental, social and governance (ESG) framework, conducting community consultations and impact assessments to ensure sustainable engagement with local stakeholders and host governments.
With a commitment to delivering critical minerals for the renewable energy, aerospace and electronics sectors, Searchlight Minerals is actively pursuing project financing and offtake discussions to underpin Minimba’s development. As global demand for heavy mineral sands–derived products grows, the company aims to transition from explorer to producer, positioning itself as a reliable supplier of titanium, zircon and rare earth concentrates to international markets.
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