Namibia’s oil and gas now managed by Office of the President
The management of Namibia’s oil and gas sector will now fall under the Office of the President, shifting from the Ministry of Mines and Energy in a move aimed at maximizing national...
Elevate Uranium’s U-pgrade™ plant on track for mid-2025 completion
Elevate Uranium says the construction of its U-pgrade™ demonstration plant, which is expected to enhance uranium ore beneficiation at the Koppies Uranium Project, is on track for completion by mid-2025. The plant,...
Paladin Energy suspends Langer Heinrich Mine operations
Paladin Energy Ltd has temporarily halted all operations at its Langer Heinrich Mine in Namibia due to heavy rains which have impacted access to the site. The uranium miner cited safety concerns...
ReconAfrica accelerates drilling timeline for Prospect I to Q2 2025
Reconnaissance Energy Africa Ltd. (ReconAfrica) has announced an accelerated drilling schedule for its Prospect I exploration well, moving the spud date to the second quarter of 2025. Brian Reinsborough, President and CEO...
Snow Lake targets maiden resource estimate for Engo Valley by H2 2025
Snow Lake Resources has commenced its Phase 2 drill program at the Engo Valley Uranium Project in Namibia, with plans to complete a maiden resource estimate (MRE) by the second half of...
Debmarine revenue drops 38% amid diamond market slump
Debmarine Namibia has reported a 38% decline in revenue to N$8.5 billion for 2024, attributing the drop to reduced diamond prices and lower production levels. The company produced 2.234 million carats of...
Woodside’s opts out of PEL 87 offshore Namibia farm-in option
Woodside Energy Inc. has opted not to exercise its farm-in option for Petroleum Exploration License 87 (PEL 87) in Namibia’s Orange Basin, Sintana Energy has confirmed. The decision comes ahead of the...
Namibia braces for N$6 billion dip in diamond tax revenue
The Namibia Revenue Agency (NamRA) expects tax revenue from diamonds to decline by N$6 billion this year due to depressed global prices. NamRA Commissioner Sam Shivute attributed the decline to the poor...
Orano weighs restart of Trekkopje uranium project
French mining giant Orano is evaluating the potential restart of its Trekkopje uranium project in Namibia, citing surging uranium prices and geopolitical shifts affecting its operations in Niger. The Trekkopje mine, located...
HyIron Oshivela produces first green hydrogen in Namibia
HyIron has achieved a major milestone in Namibia’s green industrialization efforts, announcing that its HyIron Oshivela plant successfully produced its first green hydrogen on March 12. The breakthrough comes with the operation...