Wia Gold Limited says it has successfully raised N$346 million (A$30 million) through a new share placement to accelerate the Kokoseb Gold Project in Namibia. The financing, involving the issue of 200...
Shell Plc is set to announce its decision regarding its investment in Namibia's oil and gas sector in the coming months. Shell CEO Wael Sawan confirmed that the company is currently assessing...
Galp Energia has reaffirmed its commitment to Namibia's energy sector, investing N$2.3 billion in oil and gas projects during the first nine months of 2024. Namibia is emerging as a focal point...
TerraWatt has announced that it has been granted a generation license for a 50 MW solar project in the Gobabis district, Omaheke Region, by the Namibian Ministry of Mines and Energy (MME)....
Africa Oil Corp.’s investee company, Impact Oil & Gas Limited, has completed the farm-down of its interests in Blocks 2912 and 2913B offshore Namibia to TotalEnergies EP Namibia B.V. As part of...
Elevate Uranium Ltd has made progress on its Namibian projects with plans to begin constructing a demonstration plant before the end of the year. The plant forms part of an accelerated timeline...
Wia Gold Limited says it focused on aggressive drilling at its Kokoseb Gold Project to expand its current Mineral Resource Estimate (MRE) and identify new mineralisation zones during the quarter ending 30...
Namibia’s mining and quarrying sector took the lead as the nation’s largest export contributor, delivering goods worth N$4.3 billion, or 48.2% of total exports in September 2024, official data shows. Recent data...
By Raquel Jonathan & Bertha Tobias The oil and gas industry remains a cornerstone of the global economy, where if properly managed, would provide substantial revenue and drive economic growth for both...
Lepidico says it has secured a two-year renewal of its Exclusive Prospecting Licence (EPL5439) in Namibia. According to the company, the Ministry of Mines and Energy granted the renewal in late October...
