Chevron through Harmattan Energy intends to invest approximately N$2.2 billion (US$120 million) in Namibia's economy through offshore exploration projects. The company, which holds an Exploration Licence for Block 2813B off the southern...
Sylla Gold Corp., a Canadian mining exploration company, has extended the closing date of its share purchase agreement with Namibia Critical Metals (NMI) to 31 August 2024. The core structure of the...
Osino Resources Corp (Osino) has revealed that it has invested N$982 million (C$81 million) in Namibia since 2017. In 2023 alone, Osino’s procurement in Namibia reached N$123 million, further supporting the local...
Bannerman Energy Limited has announced a revised estimate for the pre-production capital costs for its Etango-8 uranium project in Namibia, reflecting an 11.3% increase from the previous estimate, this represents an increase...
Vitol Emerald Bidco (Pty) Ltd is set to divest from 58 Engen and Shell service stations in Namibia to ensure fair competition after its Engen Ltd acquisition. The action is part of conditions...
BW Kudu (Proprietary) Limited has formally applied for generation and transmission licences from the Electricity Control Board, marking a major advancement in the Kudu Gas project's development. According to the application, the...
B2Gold Corp. reports that its Otjikoto Mine produced 214,800 ounces of gold in 2023, contributing significantly to the company's overall production. The miner’s gold output translated to N$7.9 billion in revenue generated...
A new report by Westwood Global Energy Group reveals a significant downturn in global high-impact well completions. According to their 2024 State of Exploration Report, completions fell by 21% in 2023, reaching...
Northern Graphite Corporation allocated N$9 million towards care and maintenance at its Okanjande Project during the first quarter of 2024. Northern Graphite is actively assessing various financing strategies to fund its Okanjande...
The global economic landscape is characterized by heightened geopolitical tensions, potential for conflict escalation, and ongoing environmental concerns. Moreover over 60 countries are slated for elections adding to the level of global...
