Category: Mining
Electric Power Generation And Distribution Inflation Spikes
By:Justicia Shipena The annual inflation for Namibia’s electric power generation, transmission and distribution declined in the fourth quarter of 2022. This is according to the Namibia Statistics Agency (NSA) in its recently released Namibia Producer Price Index bulletin. The bulletin…
Africa’s Mining Leaders Heading To Paris For Mining Conference
By:Staff writer Africa’s leaders are set to meet European stakeholders in the mining sector in Paris, France, for the sixth Mining On Top Africa (MOTA) conference from 12-13 July 2023. The conference will allow leading stakeholders across Europe to connect…
Exploitation of Resources Cannot Continue As Business As Usual – Alweendo
By:Mauricia Koopman Minister of Mines and Energy Tom Alweendo says that Namibian institutions, political system, and legal framework are such that there is no reason why the oil discovery and production of green hydrogen should not be a blessing for…
NIPDB Eyes N$50 Billion Through Resident By Investment Programme
By:Hertha Ekandjo, Nguriye Katusuva Namibia should look for investors that will set up manufacturing bases to allow for production of its natural resources and minerals from raw materials to finished goods. This was the view of economist and former interim…
Electrification Will Drive Copper Demand To 36.6 Million Mt
By:Nghiinomenwa-vali Erastus With metals demand ramping up rapidly in the face of the energy transition, new processing technologies can help meet the supply shortfall from existing operations, said McKinsey’s & Company in a mid-February article titled, “Bridging the copper supply…
Walvis Bay To Receive Multi-Million Dollar Oil And Gas Academy
By:Hertha Ekandjo An Angolan oil and gas operational solution-providing company, Operatec, has partnered with Namibians in constructing a multi-milliondollar marine and industrial academy at the coastal town of Walvis Bay. The academy will be setup at an initial cost of…
Namibia Stresses Green Hydrogen Ambitions, Plans
By:Staff writer Namibia sought to become the sustainability hub of Africa and aimed to become the first carbon-neutral country on the continent. This was highlighted on Wednesday by Namibia Investment Promotion & Development Board executive director: investments and new ventures…
Nam’s Jan Export And Import Bill Results In N$2.9 billion Trade Deficit
By:Justicia Shipena The Namibia Statistics Agency (NSA) Namibia’s export and import bill for January 2023 resulted in the country’s trade deficit of N$2.9 billion, with exports standing at N$7.0 billion and imports at N$10.0 billion. The NSA bulletin showed that…
Bots Military Army Imports Contributes To Growth Of Walvis Port …as container exports and imports increase
By:Justicia Shipena The Namibian Ports Authority (Namport) has announced an increase in container exports and imports of various commodities in its February 2023 quayside bulletin. According to the abulletin, charcoal has shown a 39% increase in volume due to high…
KODO Drilling Receives Two New Rigs
Staff writer Emerging Namibian drilling contractor KODO Drilling has taken delivery of two Leopard DI650i surface drill rigs from global engineering company Sandvik Mining and Rock Solutions’ Namibia branch. The rigs – the first to be delivered to the country – will be put to work at an opencast gold mine, where KODO Drilling is undertaking…