Author: Staff Writer
Govt Allocates Additional N$8 Million to Revitalise Kalimbeza Rice Project
By: Staff Writer President Nangolo Mbumba has announced that the government has earmarked N$8 million in the 2024/2025 fiscal budget to breathe new life into the Kalimbeza National Rice Project. Mbumba disclosed this during Thursday’s Independence Day celebrations…
SADC Tourism Operators Missing Out on Digital Revolution
By: Staff writer There is a need for SADC tourism operators to urgently embrace digital transformation if the region wants to remain competitive, according to a new skills audit report from the SADC Business Council. The widespread adoption of…
Namibia Critical Metals Sells Non-core Gold Properties
By: Staff Writer Canadian junior gold exploration company Sylla Gold has acquired four of Namibia Critical Metals’ non-core gold properties located in Namibia. As part of the acquisition, Sylla will issue Namibia Critical Metals 3,000,000 common shares at…
Local Tourists are Increasingly Opting for Campsites
By: Staff Writer Namibians are increasingly turning to campsites for their tourism experiences as occupancy rates at hospitality establishments continue to dwindle, dropping to 23.1% last month from 24.9% in January and 33.0% in February 2023. The allure…
Andrada Mining Secures N$175 Million Loan … plans 5MW Uis solar plant
By: Staff Writer Andrada Mining’s subsidiary, Uis Tin Mining Company (UTMC), has secured a conditional credit-approved funding agreement of N$175 million with Bank Windhoek, marking a significant milestone for the company’s expansion plans. This new loan agreement will…
Andrada Mining Plans Full-Scale Lithium Processing Plant
By: Staff writer Andrada Mining has initiated studies for a comprehensive integrated processing plant aimed at producing petalite concentrate alongside its tin and tantalum production operations. In November last year, the company commissioned a pilot project at its…
African Ports Missing Out on Surge in Conflict-Avoiding Ship Traffic
By: Staff Writer Logistics experts have highlighted that African ports, including those in Namibia, are failing to capitalise on the increased ship traffic steering clear of attacks by Houthi rebels in the Red Sea. The continent’s inefficient and…
Andrada Targets 75% Revenue Increase With Ore Sorting Operation
By: Staff Writer Andrada Mining has initiated the implementation of an ore sorting circuit at the Uis mine to ramp up tin concentrate production from 1,500 t/y to 2,600 t/y. This move is expected to escalate revenue by 75%…
Andrada Targets 75% Revenue Increase With Ore Sorting Operation
By: Staff Writer Andrada Mining has initiated the implementation of an ore sorting circuit at the Uis mine to ramp up tin concentrate production from 1,500 t/y to 2,600 t/y. This move is expected to escalate revenue by…
Chinese Firm Acquires Dundee’s Tsumeb Smelter
Staff Writer A subsidiary of the China-based mining company Sinomine Resource Group has finalised the purchase of Dundee Precious Metals’ Tsumeb specialty smelter for N$917 million. The acquisition encompasses all associated assets and liabilities, achieved through the transfer of…