Author: Wonder Guchu
Shell Upstream Contracts Northern Ocean forNam Job
By: Wonder Guchu Shell Upstream Namibia BV, a Shell Plc subsidiary, has awarded a contract to Northern Ocean Ltd. for the Deepsea Bollsta rig for work in a benign environment market. Northern Ocean Ltd (NOL) is an international drilling contractor…
Alweendo, Deep South Written Judgement End of November
By: Wonder Guchu The High Court of Namibia will release a written judgement in the case where the Canadian company Deep South Resources is suing mines minister Tom Alweendo for refusing to renew theHaib Mine exploration and prospecting licence. The…
IMF Says Nam’s Economy on Recovery Path
By: Wonder Guchu An International Monetary Fund (IMF) staff team that has been in Namibia since 20 September 2022 says the Namibian economy has started to recover. The team led by Giorgia Albertin said on Wednesday that Namibia’s real GDP…
Chevron Return to Namibia 48 Years Later
By: Wonder Guchu It has taken Chevron 48 years to return to Namibia after abandoning the Kudu Gas project. This time Chevron has come through a farm-in deal for block 2813B in the Orange Basin off the Namibia shore. Online…
Lofdal Rare Earth Mine Poised for Bigger Output
By: Wonder Guchu Namibia Critical Metals Inc. says their positive preliminary economic assessment shows the Lofdal Heavy Rare Earth Project in Namibia has the potential of producing a significantly larger annual run-of-mine and plant throughput of 2 million tonnes per…
Osino to Speed Up Twin Hills to Produce Gold by 2025
By: Wonder Guchu Osino Resources co-founder and CEO Heye Daun says his company intends to fast-track the Twin Hills mine in Namibia through production, with the first gold output expected by the middle of 2025. Twin Hills gold mine is…
Canadian Graphite Miner Reports Progress at Aukam Mine in Namibia
By: Wonder Guchu Graphite mining company Gratomic Inc. said they successfully transferred 730 tonnes from its Namibian mine Aukam near Luderitz to the run of the mine stockpile. Run-of-Mine stockpiles are essential components in the mining value chain because they…
London-based Katoro Gold Ventures into Iron Ore in Namibia
By: Wonder Guchu Katoro Gold has entered into a binding conditional agreement to form a 50/50 unincorporated joint venture with Trans Namibia Mining and Minerals to undertake exploration/development activities on an iron ore project in Namibia. Until last week when…
NamWater, NamPower Sign Supply Agreement With Arcadia Mining
By: Wonder Guchu Arcadia Mining has concluded a water and electricity supply agreement for Namibia’s Swanson Tantalum/ Lithium project. The project is located in the Karas Region in the southern part of Namibia, some 15 km north of the Orange…
Mines Ministry Approves Ongombo License
By: Wonder Guchu The mines ministry has approved the African Pioneer Mining license for Ongombo Copper Project, and the company intends to fast-track all activities to meet what is anticipated to be huge copper demand during the latter part of…