Koryx Copper Inc. has appointed Heye Daun as President and Chief Executive Officer (CEO) and Trevor Faber as Chief Operating Officer (COO). Heye Daun will also retain his board position as Chairman,...
Namibia and Angola signed the Baynes Implementation Agreement on Monday, marking a significant milestone in the development of the Baynes Dam, with construction expected to commence in the first quarter of 2027....
The Bank of Namibia (BoN) has warned that ongoing challenges in the mining sector, particularly the diamond industry, could extend beyond 2024, potentially hindering the country's economic growth. BoN Director of Strategic...
Mediterranean Shipping Company’s Africa Global Logistics (AGL) unit plans to invest up to N$780 million (US$43 million) in Namibia by 2030, leveraging the country’s expanding oil, gas, and renewable energy sectors. AGL is...
Namibia's mining sector has the potential to significantly cut its energy costs by transitioning to renewable energy and electrifying mobile mining equipment, a new report shows. According to the Renewable Energy Opportunities...
Koryx Copper has successfully completed the third tranche of its non-brokered private placement, raising N$13 million through the sale of 2,818,182 common shares at N$20 per share. This brings the total gross...
Halliburton, a multinational oilfield services company, says it sees promising opportunities in Namibia's emerging energy and resources sector, which aligns with its growth objectives. The company's optimism comes despite the sector still...
HyIron says its expects to begin testing and commissioning by the end of the year. This comes as HyIron’s Oshivela green iron production plant has received the latest shipments of heavy machinery through...
Multinational oilfield services giant Halliburton officially opened its new operational bases in Namibia this week, marking a significant expansion in the country’s burgeoning oil and gas sector. According to Halliburton’s Area Vice...
Paladin Energy says it has revised its uranium production guidance for the fiscal year 2025, lowering its forecast to 3.0-3.6 million pounds (Mlb) of uranium from its initial estimate of 4.0-4.5 Mlb....
