Category: Mining
Uranium Surge: FNB Anticipates Mining to Drive Economic Expansion
By: Justicia Shipena FNB Namibia’s economist, Ruusa Nandago, believes that mining activities will continue to be a pivotal factor in propelling economic growth. The primary catalyst for mining growth, particularly in the year 2024, is predicted to be uranium, buoyed…
Xinfeng Constructing a Lithium Processing Plant
By: Justicia Shipena Chinese mining company Xinfeng Investment (Pty) Limited says it is constructing a lithium processing plant in Namibia. Construction of Xinfeng’s lithium processing plant was first revealed by Chinese ambassador Zhao Weiping during a media briefing on Wednesday….
Gold Refinery not Profitable in Namibia – B2Gold
By: Justicia Shipena B2Gold, a Canadian owned company, says it foresees difficulties making profit if it were to establish a gold refinery in Namibia in line with the country’s value addition aspirations. B2Gold’s country manager, John Roos, said: “To…
The Hunt for Gold: B2Gold At Crossroads
By: Justicia Shipena B2Gold says it has been unable to find profitable gold at its Otjikoto mine despite exhaustive efforts and thorough exploration. The inability to pinpoint lucrative gold deposits has prompted a reevaluation of the operational viability of the…
Fossil Fuel Peak Expected by 2030, Says IEA
By: Dwight Links In their recent Global Energy Outlook report for 2023, the International Energy Agency (IEA) has predicted that the peak for all fossil fuels will be reached by 2030. The release of this report coincides with statements…
Cobalt Production Expected For Over 40 Years
By: Staff writer Opuwo’s cobalt project could potentially produce cobalt for over 40 years. This follows the confirmation of Aim- and ASX-listed Celsius Resources’ renewal of the exclusive prospecting licence for the Opuwo cobalt project. The project is held under…
Namibian Phosphate Mining Faces Uncertainty … Developers Seek Government Guidance
By: Justicia Shipena The developers of a phosphate mining project in Namibia are seeking clear guidance from the government regarding the project’s future. Specifically, they are looking for direction on whether to proceed with its development or not. In a…
Over 13 000 Tonnes of Uranium Oxide Shipped in Two Years: China the Largest Beneficiary
By: Nghiinomenwa-vali Erastus The two leading uranium producers in the country have extracted and processed 13,402 tonnes of uranium oxide over the past two years, with the majority of these exports directed to China and other uranium-enriched nations. Chinese owned,…
Andrada Begins Polymetallic Mineralisation Exploration
By: Staff writer Namibia-based lithium, tin and tantalum miner Andrada Mining has begun an initial exploration programme at the Brandberg West exploration licence, at the opencast Brandberg West mine, in the Erongo region. The company confirmed the development this month,…
Dundee Finds Germanium and Gallium In Its Waste and plans to harness them as critical minerals
By: Justicia Shipena DUNDEE Precious Metals has unveiled its plans to harness waste products that contain the presence of germanium and gallium as a parallel stream to their copper production in Tsumeb. Dundee Precious Metals’ President and Chief Executive Officer,…