Sinomine Resource Group Co, whose subsidiary is finalising the acquisition of the Dundee Precious Metals Tsumeb Smelter in Namibia for N$930 million in a cash deal, has committed to retaining Managing Director...
Andrada Mining Limited says it is preparing to send its first-ever shipment of tantalum to AfriMet Resources this month. The move marks a pivotal step in the company's strategic expansion plans for its...
Uranium developer Deep Yellow has secured binding commitments to raise N$2.7 billion through a placement to develop its Tumas Project in Namibia. The Australia-based uranium developer Managing Director and CEO John Borshoff...
National Petroleum Corporation of Namibia (NAMCOR) says its data was instrumental in the significant oil discoveries made by Shell and TotalEnergies. NAMCOR’s interim Managing Director Ebson Uanguta made the remarks during an...
Namibia could be losing significant amounts in tax revenue amid concerns that multinational corporations could be prejudicing treasury through illicit financial flows, a new report by the African Peer Review Mechanism (APRM)...
Dundee Precious Metals (DPM) has announced the sale of its Tsumeb Smelter to a subsidiary of Chinese company Sinomine Resource Group Co for N$920 million (US$49 million) cash. Under the terms of...
The Namibian government has made a budget allocation of N$400 million for the development of the 40-megawatt (MW) Otjikoto Biomass Power Station, on the outskirts of Tsumeb in Oshikoto Region. Minister of...
TotalEnergies has acquired an operating stake in a South African oil block, building on its successful discoveries in Namibia. The oil giant will hold a 33% stake in Block 3B/4B, which is...
Namibia says it has reached an agreement with Angola to set up a Bi-national Commission to forge cooperation in the sectors of oil and gas. The agreement stems from a one-day official working...
Namibia's uranium exports increased to N$3.8 billion, claiming a 31.7% share of total exports in January, trade data by the Namibia Statistics Agency (NSA) shows. Uranium export growth marked the highest monthly...
