The Bank of Namibia (BoN) has urged caution regarding the country’s oil and gas prospects, emphasizing that a final investment decision (FID) must be made before any development can be confirmed. BoN...
Omico Mining Corp says production at the Omitiomire copper project in Namibia is projected to average 26,800 tonnes annually. The miner has completed a Bankable Feasibility Study (BFS) for the project, which...
Snow Lake Energy has completed its Phase 1 drill programme at the Engo Valley Uranium Project in Namibia, confirming significant uranium mineralisation and paving the way for an ambitious 7,500-metre Phase 2...
The Chamber of Mines of Namibia has paid tribute to the late Dr. Sam Shafiishuna Nujoma, Namibia’s Founding President, hailing his immense contributions to the country’s independence and economic development. Speaking at...
Supernova Metals Corp. has expanded into Namibia’s offshore energy sector with the acquisition of NamLith Resources Corp., securing a 12.5% equity interest in Westoil Limited. Westoil holds a 70% stake in Petroleum...
Azule Energy, in partnership with Sonangol E&P, Chevron, and TotalEnergies, has successfully completed the Quiluma and Maboqueiro offshore platforms, a key milestone in Angola’s first non-associated gas development project under the New...
Andrada Mining has secured a US$2.5 million funding facility from LC Abelheim Limited (LCA), acting as trustee of The Orange Trust, to construct a second tin processing jig plant at its Uis...
Trigon Metals has revised its agreement with Horizon Corporation, lowering the sale price of its 80% stake in the Kombat Mine from US$30 million to US$24 million. The payment will be made...
Nopal Renewable Company has announced plans to generate 5 megawatts (MW) of electricity from its Opuntia Ficus-Indica cactus farm in Namibia, marking a significant step in the country's renewable energy sector. The...
Namibia’s national power utility, NamPower, has completed the construction of the 54-megawatt (MW) Anixas II Power Station, a project valued at N$1.28 billion. The inauguration of the power station is set for...
