NamPower inks development agreement for N$400m Omburu Battery Energy Storage System
NamPower signed a contractual agreement on Wednesday with Shandong Electrical, Engineering, and Equipment Group Co. Ltd and Zhejiang Narada Power ...
Tag: Namibia
Tumas project to cost Deep Yellow N$6bn
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 ...
ECB takes hard stance on TID roller-over
The Electricity Control Board (ECB) has ordered all licensees to submit monthly projects for monitoring and evaluation after concerns about ...
Namdeb appoints Pankratius Kondjamba as Engineering Manager
Namdeb has officially appointed Pankratius (PK) Kondjamba as the substantive Engineering Manager, effective from 1 December 2023. Kondjamba, who previously ...
Namibia Critical Metals completes PFS drill phase, eyes February 2024 resource update
Namibia Critical Metals anticipates receiving the drilling assay results for its Pre-Feasibility Study (PFS) on the Lofdal 2B-4 heavy rare ...
Mining sector to drive Namibia’s 2023 growth to 3.9%
Stronger performance in mining and quarrying activities is expected to propel Namibia’s economy to a 3.9% growth in 2023, according ...
Elevate Uranium looks to advance Namibia project with N$125m raise
Australian Securities Exchange-listed Elevate Uranium, with assets in Namibia and Australia, has announced a placement of shares to raise N$125 ...
Hyphen secures N$102.3m DBSA facility for green hydrogen project advancement
Hyphen Hydrogen Energy (Hyphen) has secured a N$102.3 million (€5 million) Development Bank of Southern Africa (DBSA) Project Preparation funding ...
Namibia records N$1.2bn decline in October diamond exports
Namibia’s diamond exports decreased by N$1.2 billion for October as diamond prices in the country have been declining in recent ...
Namibia reviews application procedure for new mining and energy licences
The Ministry of Mines and Energy (MME) has implemented a new licensing procedure for mineral rights and petroleum upstream licences, ...
