Category: Mining
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…
Africa Oil Posts 2022 Financial Results After ‘A Very Positive Year’; Issues Reserves Statement
By: Staff writer Africa Oil Corp has released financial results for the three months and the year ended December 31, 2022, together with its 2023 management guidance, a drilling update on its offshore interests in Namibia and Nigeria, and, separately, its 2022 statement…
Demand For Supervisory Skills On The Rise, Notes Upskilling Firm
By:Staff writer Upskilling and empowerment company Dyna Training Namibia says there is an increase in demand for supervisory skills training in the country’s mining industry. Although its core clients focus on the gold and copper sectors, the company has recently…
Uranium Prices Improve
By:Staff writer Namibian Uranium Institute (NUI) Executive Director Dr Gabi Schneider says the local uranium sector has seen an increase of about 191% since the post-Fukushima low of $18.00 in October 2016. Schneider said this is evident that the sector…
Indian Govt Opposes Hindustan Zinc’s $2.98 Billion Deal For Vedanta Zinc Assets
By: Staff writer The Indian government has opposed Hindustan Zinc’s planned $2.98 billion acquisition of zinc assets from top shareholder Vedanta Ltd, amid concerns over valuations and the deal being a “related party transaction”. Vedanta’s sale of its zinc assets…
AEC To Establish Office In Namibia To Promote Local Content, Capacity Building
By:Staff writer With Namibia’s energy sector on the precipice of rapid transformation on the back of recent oil and gas discoveries, the African Energy Chamber (AEC) will establish an office in the country dedicated to promoting local content development efforts….
Bezant Resources Updates On Hope & Gorob Project
By:Staff writer A decision from the Ministry of Mines and Energy regarding the Hope and Gorob mining licence application ML 246 remains pending, Colin Bird, executive chairman of Bezant Resources, said last Friday. “Exclusive Prospecting Licence 5796 has been extended…
Regional Partnerships Needed ForDeveloping Opportunities In Green Hydrogen
By:Staff writer Public–private partnerships (PPPs) will be crucial in building awareness and implementing the broad array of mutual advantages between Namibia and South Africa that are needed for developing green hydrogen opportunities for the benefit of the Southern African region,…
Africa Gears Up To Keep More Of The Profits From Lithium Boom
By: Staff writer Mines minister Tom Alweendo says that Namibia is going to insist on local processing with regard to its lithium. Alweendo said this while attending the Investing in African Mining Indaba in Cape Town. A number of companies…