The vessel was previously known as Additional Mining Vessel (AMV#3) and re-christened Benguela Gem. The vessel is the world's largest diamond recovery vessel designed in Norway and Poland, built in Romania by...
Debmarine Namibia on Friday officially inaugurated its latest diamond recovery vessel, Benguela Gem, previously the AMV#3 (Additional Mining Vessel 3), which will commence operations from next week, well ahead of its original...
Mines and Energy Minister Tom Alweendo says Namibia’s recent oil discovery will not immediately translates into economic development. The country recently made significant oil discoveries leading many people expecting to start reaping...
South Africans should brace themselves for record fuel price increases in April given the ongoing market volatility emanating from the Ukraine-Russian conflict. According to the Automobile Association (AA), data from the Central...
Namibia’s annual inflation outlook for 2022 has been revised upwards to an average of 5% from the initial estimate of 4.7% due to rising global oil prices triggered by the ongoing Ukraine,...
Mines and Energy minister, Tom Alweendo says Namibia is moving ahead with the development of both its oil and gas sector, and its green hydrogen initiatives, maintaining there was no contradiction in...
Namibian motorists should brace for more fuel hikes in the coming months, with the local pump price expected to breach the N$20 a litre mark, increasing to as high as N$30 per...
The National Petroleum Company of Namibia (NAMCOR) says it has no plans to ask the Ministry of Mines and Energy to increase its current 10% equity held in all exploration activities taking...
Debmarine Namibia’s N$7 billion new diamond recovery vessel, the Additional Mining Vessel (AMV#3), is set to be unveiled this month, eight months after it was officially handed over by Damen Shipyards Mangalia...
Botswana, the world’s second-largest diamond producer, is seeking a more prominent role in the industry as No. 1 player Russia faces international outrage following its invasion of Ukraine. The southern African nation...
