Deep Yellow Limited’s flagship Tumas project is expected to cost N$6 billion (US$360.5 million) according to re-costing study findings from N$7.3 billion (US$385.1 million) projected from the definitive feasibility study (DFS). The...
The Electricity Control Board (ECB) has ordered all licensees to submit monthly projects for monitoring and evaluation after concerns about the slow progress of the token identifier roll-over project. ECB Chief Executive...
Namdeb has officially appointed Pankratius (PK) Kondjamba as the substantive Engineering Manager, effective from 1 December 2023. Kondjamba, who previously held the role in an acting capacity, was selected following a successful...
Namibia Critical Metals anticipates receiving the drilling assay results for its Pre-Feasibility Study (PFS) on the Lofdal 2B-4 heavy rare earth project in Namibia in January 2024, along with an updated mineral...
Stronger performance in mining and quarrying activities is expected to propel Namibia’s economy to a 3.9% growth in 2023, according to the Bank of Namibia (BoN). "The estimated growth of 3.9% in...
Australian Securities Exchange-listed Elevate Uranium, with assets in Namibia and Australia, has announced a placement of shares to raise N$125 million. The uranium exploration company has reported strong demand for the placement...
Hyphen Hydrogen Energy (Hyphen) has secured a N$102.3 million (€5 million) Development Bank of Southern Africa (DBSA) Project Preparation funding facility to advance the development of Hyphen’s landmark green hydrogen project in...
Namibia’s diamond exports decreased by N$1.2 billion for October as diamond prices in the country have been declining in recent months, official figures show. According to the Bank of Namibia (BoN), the...
Hyphen Hydrogen Energy (Hyphen) has been recognized as a Low-Carbon Hydrogen Energy Transition Changemaker by the 2023 United Nations Climate Change Conference (COP28) Presidency in its Energy Transition Changemakers initiative. Hyphen was...
The Ministry of Mines and Energy (MME) has implemented a new licensing procedure for mineral rights and petroleum upstream licences, marking a shift from the traditional open application system. The new system...
