BW Energy to drill appraisal well at Kharas Prospect in Q3 2025
BW Energy has announced plans to drill an appraisal well at the Kharas Prospect within the Kudu licence in the third quarter of 2025. The well according to the company, will target...
Snow Lake Energy launches Phase 2 drilling at Engo Valley Uranium Project
Snow Lake Energy has commenced its Phase 2 drill program at the Engo Valley Uranium Project in Namibia, targeting up to 7,500 meters of combined reverse circulation and diamond drilling to support...
Paladin Energy reports N$1.4 billion revenue from Langer Heinrich Mine
Paladin Energy has announced that the Langer Heinrich Mine (LHM) generated N$1.4 billion (US$77.2 million) in revenue between July and December 2024. The mine, which resumed production in March 2024 after a...
Noronex reports major copper intercept at Fiesta Project
Noronex has announced a significant 500-meter step-out drill intercept of 33 meters at 1.1% CuEq at the Fiesta Copper Project, strengthening its potential as a promising copper-silver deposit. The company said the...
Forsys Metals raises N$67.94 million for Norasa Uranium Project
Forsys Metals Corp. has successfully completed a private placement, securing N$67.94 million (C$5.28 million) to finance the Norasa Uranium Project in Namibia and for working capital. The company announced that the financing...
Galp announces another oil and gas discovery in Namibia’s Orange Basin
Portuguese multinational company Galp Energia has announced a hydrocarbon discovery after successfully drilling, coring, and logging the Mopane-3X well in PEL83, offshore Namibia. According to the company, the well, which was spudded...
De Beers invests N$754 million in Namibia
De Beers increased its capital expenditure in Namibia to N$754 million (U$41 million) in 2024, up from N$643 million (U$35 million) the previous year, even as diamond production and financial performance declined....
Namibia establishes regulatory framework for EV charging infrastructure
The Electricity Control Board (ECB) has approved a regulatory framework to govern the installation and operation of electric vehicle (EV) charging infrastructure in Namibia. The move is expected to accelerate the country's...
Strategic decision making and financial reporting in mining:Lessons from Star Diamond Corp.
By Zach Kauraisa On June 28, 2022, Star Diamond Corp (“Star Diamond”), a US$100 million TSX-listed diamond mining company, saw its market capitalization plunge by 52% following a decision by its joint...
Namibia evaluates 688 MW of new solar, wind and gas power projects
The Namibian government, through the Ministry of Mines and Energy is reviewing power generation licences totalling over 688 megawatts (MW), following recommendations from the Electricity Control Board (ECB). The licences, endorsed by...