Eskom said its energy-transition plan may require as much as R1.2 trillion of investment for new-generation and distribution capacity, with the bulk of the money expected to come from private investors. The...
Mines and Energy minister Tom Alweendo has been dragged to the High Court for “unfairly” dismissing Red Soil Energy and Mineral Exploration Company’s application for oil exploration. According to court papers seen...
Canadian gold exploration company Osino Resources Corp has completed the acquisition of Ondundu gold exploration property in Namibia from B2Gold for a total consideration of N$257.3 million. Under the terms of the...
Namibia’s diamond production increased by 67% to 565 000 carats in the second quarter up from 338 000 carats recorded in the same period last year, figures released on Thursday show. The...
Trigon Metals Inc has secured N$470 million funding for its Kombat Mine in Namibia in exchange for a silver and copper stream agreement with Sprott Resource Streaming and Royalty Corp and Sprott...
Impact Oil & Gas is planning to raise up to N$1 billion from existing shareholders for further drilling to value the oilfield off the coast of Namibia. The Africa-focused exploration company said...
Canadian gold miner B2Gold has lowered the annual production guidance for its Otjikoto mine in Namibia to an average of 170 000 ounces from an average of 180 000 ounces. This was...
Namibia should swiftly implement a string of reforms to allow the country to benefit from its oil find, economic advisory firm Simonis Storm has warned. "The estimated oil revenues might entice the...
The Environmental Investment Fund of Namibia (EIF) has funded two projects to the tune of US$9,5 million while the government has contributed US$500 000 to the initiative. The funding, which is done...
Alpha Namibia Industries Renewable Power Limited (ANIREP) and the International Finance Corporation (IFC) have partnered to conduct a feasibility study to determine the viability of developing a 10-20 MW independent solar power...
