Chevron Brands International LLC (Chevron), a subsidiary of Chevron Corporation, has signed a long-term retail trademark licensing agreement with Bachmus Oil and Fuel Supplies (PTY) LTD (Bachmus) to launch Caltex fuel retail...
Namibia's diamond export receipts decreased by 53.3% annually and 68.4% quarterly to N$1.8 billion in the first quarter of 2024, according to official statistics. According to the Bank of Namibia's Quarterly Bulletin,...
Anglo American’s total tax and economic contribution to Namibia reached US$611 million (N$11.11 billion) in 2023. This represents a slight decrease from the US$636 million (N$11.57 billion) contributed in 2022. The comprehensive...
B2Gold expects to boost renewable energy usage at its Otjikoto Mine in Namibia with a 10 megawatt (MW) solar plant, expected to be operational by the end of 2024. The facility being...
The Electricity Control Board (ECB) has recommended that the Energy Minister grant energy generation licenses to Cleanergy Solutions and Mirach Energy. Cleanergy Solutions seeks a 5MWp license for self-consumption, while Mirach Energy...
Paladin Energy has announced a capital expenditure allocation of N$477 million (US$26 million) for the fiscal year 2025 (FY2025) to ramp up production at its Langer Heinrich Mine (LHM) in Namibia. This...
Bannerman Energy has secured N$1 billion (A$85 million) to progress the development of its Etango-8 Uranium Project located in Namibia. The funds were raised through a placement of new shares, attracting commitments...
Andrada Mining Limited (Andrada) is set to acquire the remaining 15% stake in Uis Tin Mining Company (UTMC) from Small Miners of Uis (SMU), increasing its ownership to 100%. The move, executed...
Gibb River Diamonds has acquired two uranium projects in Namibia, comprising six exclusive prospecting licences covering 1 828 km2. Gibb’s Erongo project currently consists of two permit applications with a combined area...
Rhino Resources Namibia Ltd. (Rhino)’s upcoming drilling campaigns off the coast of Namibia could inject an estimated N$1.8 billion (US$94 million) into the local economy. The company, which holds an Exploration Licence...
