Category: Mining
N$345,000 in Prizes up for Grabs at 11th Navachab Half Marathon
By: Hee-Dee Walenga During the final press conference before the 11th edition of the Navachab half marathon taking place this Saturday in Karibib, race director Berthold Karumendu revealed that nine companies have been added to the existing slate…
Etango Secures One Million lbs Uranium offtake Agreements
By: Nghiinomenwa-vali Hangala The Etango Uranium Project, currently under development in the Erongo Region, has signed two offtake agreements to supply two North American electricity producers with uranium once operational. The mine developer and main shareholder, Bannerman Energy, announced in…
Mineral License/Rights Hoarding Will Not Be Allowed- Ithete
By: Nghiinomenwa-vali Hangala and Patemaoshela Lukolo The government has informed foreign and local investors interested in the exploration and mining or speculators that it will no longer tolerate the hoarding of licences for purposes unrelated to national development. The country’s…
Exploring Namibia’s Economic Potential Through Mining (Thought Leadership)
By: Lukas Nanyemba Namibia’s mining sector is a cornerstone of its economy, contributing about 50% of merchandise exports and 12% of Gross Domestic Product (GDP), driven by diamonds, uranium, gold, zinc, copper, lithium, and rare earth minerals. In 2024…
Erongo Illegal Mining Affects Copper Exploration
By: Mathias Hangala A local small-scale miner has raised concerns over illegal mining activities in the Karibib District, claiming they obstruct legitimate exploration efforts at Farm Khunubes, a resettlement farm located in the area. Hango Skombero, who has engaged in…
Namdeb Rare Earth Element Deposits Promising
By: Nghiinomenwa-vali Erastus Namdeb non-diamond exploration is continuing in the south, with rare earth elements deposits showing promising results. This was revealed in the Chamber of Mines 2024 Annual Review, released earlier this month. The Annual…
Govt Wants Minimum 10% Free Carry Mining Shareholder
By: Nghiinomenwa-vali Erastus The Namibian government has communicated its intention to introduce a minimum 10% free carry shareholding in every mine, to be held by the state. According to the Chamber of Mines Annual Review for 2024,…
Policy Revision to Allow Mining and Exploration in Protected Areas
By: Dwight Links The ministries of Environment and Mines & Energy recently held a stakeholder engagement on the revised policy document that could allow exploration in protected areas. The protected areas that fall within the policy’s focus…
Nedbank Concludes Funding Deal with Trollope Contractors
By: Staff Writer Nedbank Namibia has announced the conclusion of a funding deal with Trollope Contractors Namibia (Pty) Ltd, an affiliate of the South African-based Trollope Mining Group. The deal marks the beginning of a strategic partnership…
Zimbabwe to Ban Lithium Exports Starting 2027
By: Joseph Jeremia Zimbabwe is Africa’s top lithium producer, with 2.4 million tons of concentrate in 2024. The SADC nation plans to stop exporting lithium concentrate from January 2027. The goal of this move is to develop…