Botswana Oil is set to establish fuel storage facilities at Mozambican and Namibian ports next month, which will double the country's strategic oil reserves and provide a buffer against declining refining capacity...
Dundee Precious Metals is reviewing its full-year guidance for its Namibia based, Tsumeb smelter after it produced 21 100 t of concentrate in the second quarter, taking the year-to-date total volume of concentrate...
The National Petroleum Company of Namibia (Namcor) says calls by the Parliamentary Standing Committee on Natural Resources to increase its equity in oil exploration activities to over 50% from the current 10% are...
Trigon Metal says its Kombat Mine is advancing towards achieving commercial production. This was after its processing plant capacity increased to 350 tonnes per day. The Canadian exploration and development company said...
The Parliamentary Standing Committee on Natural Resources has demanded that National Petroleum Corporation of Namibia (Namcor) increase its equity in oil exploration activities to over 50% from the current 10%. Committee Chairperson Tjekero Tweya said the State-owned...
Namibia is set to collect 55% of all revenues to be generated from oil through taxes, Mines and Energy Minister Tom Alweendo has said. Research conducted by investment advisory firm Cirrus Capital...
Zimbabwe's central bank said it would start selling gold coins this month as a store of value to tame runaway inflation, which has considerably weakened the local currency. The central bank governor...
NamPower says although it has not been spared from the on-going loadshedding in South Africa, an electricity source market for Namibia, it has been able to offset the shortfalls to ensure adequate...
Agriculture minister Calle Schlettwein has warned that the continued rise in fuel prices will have a negative impact on the country’s agricultural sector and will push food prices beyond the reach of...
Trustco Group Holdings and its partners have been offered N$817.3 million (US$50 million) to offload their 70% stake in a Sierra Leone diamond mining company, Meya Mining. Trustco Resources, a subsidiary of...
