Category: Mining
Uranium Exploration Surges in Namibia’s Southern Regions
By: Nghiinomenwa-vali Erastus Namibia has of late been experiencing a surge in uranium exploration, with a notable uptick in licensing applications dedicated to the search for nuclear fuel minerals. This trend was revealed in a recent analysis conducted…
Namibia’s Oil and Gas Potential Attracts OPEC’s Attention
By: Nghiinomenwa-vali Erastus The forthcoming Namibian International Energy Conference (NIEC) is set to host a distinguished guest next month, with Haitham Al Ghais, Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), slated to attend. The African…
Andrada Mining Secures N$175 Million Loan … plans 5MW Uis solar plant
By: Staff Writer Andrada Mining’s subsidiary, Uis Tin Mining Company (UTMC), has secured a conditional credit-approved funding agreement of N$175 million with Bank Windhoek, marking a significant milestone for the company’s expansion plans. This new loan agreement will…
Andrada Mining Plans Full-Scale Lithium Processing Plant
By: Staff writer Andrada Mining has initiated studies for a comprehensive integrated processing plant aimed at producing petalite concentrate alongside its tin and tantalum production operations. In November last year, the company commissioned a pilot project at its…
Success of Local Content Policy Hinges on Namibian Entrepreneurs, Says Alweendo
By: Justicia Shipena Mines and Energy Minister Tom Alweendo stresses that Namibia’s oil and gas local content policies face a high chance of failure without locally minded, creative, and motivated entrepreneurs who are willing to invest in acquiring…
Andrada Targets 75% Revenue Increase With Ore Sorting Operation
By: Staff Writer Andrada Mining has initiated the implementation of an ore sorting circuit at the Uis mine to ramp up tin concentrate production from 1,500 t/y to 2,600 t/y. This move is expected to escalate revenue by 75%…
Andrada Targets 75% Revenue Increase With Ore Sorting Operation
By: Staff Writer Andrada Mining has initiated the implementation of an ore sorting circuit at the Uis mine to ramp up tin concentrate production from 1,500 t/y to 2,600 t/y. This move is expected to escalate revenue by…
Chinese Firm Acquires Dundee’s Tsumeb Smelter
Staff Writer A subsidiary of the China-based mining company Sinomine Resource Group has finalised the purchase of Dundee Precious Metals’ Tsumeb specialty smelter for N$917 million. The acquisition encompasses all associated assets and liabilities, achieved through the transfer of…
TotalEnergies Acquires New Exploration Licence for a Block in the Orange Basin
By: Staff Writer French energy giant, TotalEnergies and state-owned QatarEnergy, have secured participating interests in Block 3B/4B offshore South Africa, bolstering their footprint in the region. In anticipation of offshore exploration endeavours within this block, TotalEnergies and its…
Namibia’s Imports Surge by N$3 Billion
By: Hertha Ekandjo Namibia’s imports surged by N$3 billion, widening the country’s trade deficit by N$1 billion between December 2023 and January 2024, according to the Namibia Statistics Agency (NSA). The trade gap expanded after Namibia exported goods…