By Mutindi Lydia Jacobs Cabinets approval of the National Upstream Petroleum Local Content Policy is being praised as a positive advancement towards maximising Namibian participation in the petroleum sector. The Local Content...
Sintana Energy Inc. has announced the start of its second exploration campaign on Petroleum Exploration License 83 (PEL 83) in Namibia’s Orange Basin. The campaign’s first well, Mopane-2A (#4), has spudded in...
88 Energy Limited says it has identified 10 independent structural closures with significant hydrocarbon potential through the initial interpretation of 2D seismic data within Petroleum Exploration Licence 93 (PEL 93) in Namibia's...
Elevate Uranium aims to complete the design and construction of its U-pgrade™ demonstration plant in the first half of next year, with operations slated to begin in late 2025. The plant is...
Three Namibian jewellery designers were among the winners of the 2024 Shining Light Awards. Juliana Fransisko claimed first place in the Namibian category, Padja Kaitungwa secured second place, and Luka Ndivayele earned...
Koryx Copper has tripled its capital expenditure estimate for the Haib Copper Project to between U$1 billion and U$1.5 billion from an earlier projection of U$300 million. The adjustment reflects a shift...
Sturdee Energy has partnered with Frans Indongo Group to secure N$500 million in project finance from RMB Namibia to fund the Mariental and Kokerboom 10MW solar projects. The transaction secures additional operational...
Namibia exported gold worth N$1.47 billion or 16.9% of the total export value of N$8.67 billion in October according to latest data from Namibia Statistics Agency (NSA). The NSA said the majority...
Antler Gold Inc. has revised its agreement with Fortress Asset Management LLC (Fortress), converting the Erongo Central Gold Project transaction from a staged earn-in to an outright sale. The updated deal is...
The Noble Venturer drillship is set to dock in Walvis Bay next week as it prepares to commence drilling operations for Rhino Resources on Block PEL-85. The campaign will focus on two...
