Andrada Mining Limited (Andrada) on Tuesday announced the successful completion of an N$175 million funding agreement with Bank Windhoek Limited. The deal replaces the company’s existing lending facilities and underpins its growth...
Namibia's green industrialisation strategy will require a total investment of over US$55 billion a latest report shows. The government and the GH2 Namibia programme have outlined a strategy to achieve this, allocating...
Namibia’s Ministry of Mines and Energy has pledged to expedite processes within the extractive industry as part of its newly launched Customer Service Charter. Speaking at the launch of the Ministry’s Customer...
Shell Chief Executive Wael Sawan says determining the commercial producibility and mobility of new energy molecules in Namibia remains a key challenge. Namibia has emerged as a potential hotspot for the discovery...
Eco Atlantic Oil & Gas Ltd. (Eco Atlantic) has invested N$273 million (US$15 million) in petroleum and natural gas licences in Namibia during the fiscal year ending 31 March 2024. According to...
HyIron’s Project Oshivela is progressing steadily, with the solar field now 33% complete and over 220 kilometers of cables installed. Production is anticipated to commence later this year. The Project's Engineer, Kelvin...
Andrada Mining Limited (Andrada) has completed acquiring the remaining 15% stake in Uis Tin Mining Company (UTMC) from Small Miners of Uis (SMU), increasing its ownership to 100%. The move, executed through...
Dundee Precious Metals (Dundee) says it is in negotiations with Chinese mining giant Sinomine to lower the sale price of the Tsumeb smelter to N$364 million (US$20 million). The initial agreement, signed...
Lepidico says it is expanding its exploration activities in Namibia to include lithium, caesium, rubidium, tantalum, gold, copper and tungsten. This comes as the company, primarily known for its lithium exploration and...
Elevate Uranium continues progressing across its Namibian projects, employing five drill rigs to upgrade and expand resources. According to the company's quarterly activities report for June 2024, substantial developments have been made,...
