The Namibian government has approved the implementation of the bi-national Baynes Hydropower Project and the expedition of the construction of a road leading to the Baynes site. According to a recent Cabinet briefing,...
Anglo-American spent US$18 million (N$333 million) on capital expenditure (capex) for the period ending June 30, 2024, for its Namibian operations. The company’s half-year financial report highlights underlying earnings before interest, taxes,...
Namibia has imposed strict limits on the export of critical minerals, stating that a maximum of 1,000 kilograms can be exported annually per producer for mineral analysis purposes. Additionally, exports for plant...
Trigon Metals says it has secured a N$46 million (US$2.5 million) working capital advance for its Kombat mine in Namibia from IXM S.A., the mine's off-taker. According to Trigon’s CEO and Executive Chairman,...
Galp Energia says it has invested approximately N$2.1 billion towards upstream projects in Namibia in the first six months of 2024. During the six months, the Group made tangible and intangible investments...
Paladin Energy has completed the restart project at its Langer Heinrich Mine (LHM) in Namibia on time and within budget, with a total expenditure of N$2,2 billion (US$119.7 million). The uranium exploration...
Osino Resources Corp (Osino) is exploring developing four water sources with a potential maximum yield of up to 5 million cubic metres per year for its Twin Hills project. The development exceeds...
De Beers Group reported a 11% decline in diamond recovery to 0.56 million carats for its Namibian operations in the second quarter of 2024 compared to the previous quarter. The first quarter...
Bannerman Energy says it has completed the N$36 million (US$2 million) construction of an access road and water supply pipeline for the Etango Project, ahead of schedule. According to Bannerman's CEO, Gavin...
