Category: Mining
Mineral Royalty-Based Sinking Fund to Reduce Borrowing Suggested
By: Mathias Hangala and Nghiinomenwa-vali Hangala Economic researcher Josef Sheehama has urged the government to establish a sinking fund, suggesting that royalties generated from the mining sector could be channelled into it to reduce borrowing for debt repayment. Speaking to…
Critical Raw Materials and Minerals Found in Household Waste
By: Dwight Links Most of the e-waste generated by households and businesses contains a number of critical minerals such as copper in cables, aluminium in casings, rare earth elements in magnets, fluorescent powders, and platinum group metals. These minerals are…
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…
Haib Copper Project Will Need 150MW and 20 Million m3 of Water Per Year
By: Nghiinomenwa-vali Erastus According to the released Preliminary Economic Assessment (PEA) of the Haib Copper Project in southern Namibia, the project will require 20 million cubic metres of water, and this can potentially be piped from Namibia’s Neckartal storage…
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,…