Galp starts drilling PEL 83 in Namibia
Galp Energia has commenced drilling an exploration well offshore Namibia, targeting a huge structure that could hold as much as 10 billion barrels of oil in place. The probe, according to Upstream,...
Trigon Metals gears up for 1st phase of underground mining at Kombat
Trigon Metals says it is on track for the launch of its first underground mining phase at Kombat Mine early next year with the acquisition of new underground equipment en route. This...
NaCC approves Engen acquisition with conditions
The Namibian Competition Commission (NaCC) has granted Vitol Emerald Bidco Proprietary Limited (VEB) conditional approval to acquire Engen Limited. According to the NaCC, the conditional approval reflects the Commission's concern over potential...
Penda Ithindi appointed as Executive Director of Mines and Energy Ministry
Cabinet Secretary George Simataa has announced the appointment of Penda Ithindi as the Executive Director of the Ministry of Mines and Energy for a fixed 5-year term with effect from 1 December...
Namibia urges strict compliance to fuel licence regulations
Namibia's Ministry of Mines and Energy has urged for the strict adherence to the regulations for wholesale and retail fuel licences amidst a rise in the illegal sale of these licences. This...
Osino targets H2 2023 financial close, N$4.23bn annual revenue
Osino Resources is forecasted to generate approximately N$4.23 billion in annual revenue from its fast-tracked Twin Hills Gold Project, with gold production expected by mid-2026. According to Osino's 2022 sustainability report, the...
Galp awards Namibia offshore survey contract
The Portuguese oil and gas firm Galp has awarded the Dutch company Fugro a contract to conduct an environmental and geophysical survey offshore Namibia. "Known for its remote location, challenging conditions and...
Andrada Mining secures N$455m funding
Andrada Mining, has secured N$455 million in funding from Orion Mine Finance (OMF) which will go towards boosting tin production at Uis Tin Mine as well as exploration drilling and metallurgical test...
Andrada Mining renews off-take agreements, adds second technology metal
Andrada Mining Limited (Andrada) has renewed its off-take agreements with Thailand Smelting and Refining Co. Limited (Thaisarco) and AfriMet Resources AG (AfriMet) for tin concentrate and tantalum concentrate, respectively. The Thaisarco off-take...
B2Gold shifts to underground mining in Namibia
B2Gold Namibia's Otjikoto gold mine is transitioning from open-pit gold ore extraction to underground mining in a bid to improve production. The company’s board chairperson Leake Hangala said the move comes as...