Thursday , December 14 2017

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Namibia’s economy expected to plummet

The International Monetary Fund has concluded that after years of exceptional growth, Namibia’s economy has entered an adjustment phase. “Growth is expected to turn slightly negative in 2017, compared to a growth of 1.1 percent in 2016, as large constructions in the mining sector have been completed and the government …

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Weatherly ready to spring-out of murky waters

Weatherly International has promised its largest shareholder and debt provider Orion an improved production, amid uncertainties that continue to riddle the company. “The company will continue to strive to produce returns for Orion and all our stakeholders,” said. John Bryant, Weatherly Chairman. Bryant applauded the shareholders for the continued to support …

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Etango displays progressive shoot

Bannerman, the developers of Etango Uranium Mine have successfully progressed through the initial test work phase of a membrane study at the Etango Heap Leach Demonstration Plant, the company announced. The study has validated the potential for further capital and operating cost reductions, to be confirmed in the DFS Update. …

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