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Mining remains Namibia’s cash cow

The latest official trade statistics show that Namibia has increased its income from non-ferrous metal exports by 25.5 per cent to Belgium, China and Germany in the last quarter. According to the Namibian Statistics Agency (NSA), the Southern African Customs Union (SACU) was the largest import source for Namibia, accounting …

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B2Gold explains the decrease in production forecast for 2021

B2Gold has revealed that its decrease in 2021’s production forecast is attributable to lower expected production from Fekola in 2021 (as Phase 5 and 6 of the Fekola Pit are developed in the first half of 2021), partially offset by an expected overall 16% increase in production from Otjikoto. The …

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Upskill your workforce with WearCheck training

Condition monitoring technology is advancing so fast that ongoing training for staff working in the machinery maintenance arena is essential in order to stay abreast of current trends. So says WearCheck’s technical manager, Steven Lumley, who plays an instrumental role in developing the company’s training schedule as well as ensuring …

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Mining set to benefit from Continental Free Trade Area

Namibian political scientist and international relations specialist Dr Ndumba Kamwanyah says the recently consummated African Continental Free Trade Area (AfCFTA) would require more than just the signatures of the continent’s 55 political leaders to operate. While the operationalization of the AfCFTA was a historical moment for Africa, Dr Kamwanyah said …

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Fuel prices remain unchanged

The Ministry of Mines and Energy has resolved to keep countrywide fuel pump prices unchanged for January 2021, with N$11.38 per litre for diesel while the petrol price will remain N$11.35 per litre. The development comes despite the under-recoveries which were observed in the previous month. In addition, the authorities said …

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Namibia Critical Metals provide updates on its Lofdal project

An update was issued by Namibia Critical Metals with additional drill results from the Area 2B satellite deposit at the Lofdal Heavy Rare Earth Project in northern Namibia. Lofdal is a JV working under a Term 1 budget of CD$4,100,000 between the company and Japan Oil, Gas and Metals National …

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Etango-8 PFS on track

The pre-feasibility study (PFS) for the 8Mtpa development of Etango Uranium project has demonstrated the strong technical and economic viability of conventional open pit mining and heap leach processing. The developers of Etango-8 have highlighted that PFS is on track. “The Bannerman team and our top tier consultants are making …

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Namibia gives De Beers Namibian diamond venture a tax holiday to save jobs

A holiday on royalty payments was granted to Namdeb, a joint venture between the government of Namibia and the De Beers Group diamond unit of Anglo American, the country’s mining ministry said on Friday in an attempt to save jobs in the shrinking industry. Since 1908, diamonds have been mined …

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Namibia Critical Metals has provided updates on its Lofdal Heavy Rare Earths Project, Comments on Positive Developments in Rare Earth Markets

Namibia Critical Metals Inc has provided an update on the metallurgical test work program on the Lofdal Heavy Rare Earth Project in northern Namibia. Lofdal is a joint venture between the Company and Japan Oil, Gas and Metals National Corporation (“JOGMEC”) which is operating under a Term 1 budget of …

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New conversion kits for Tembo 4×4

The electric off-road vehicle Tembo 4×4 E-LV on Toyota basis becomes a multifunctional platform: Several versions, from the classic Hilux and Land cruiser pickup to the station wagon, are already available – and another one with an extra large personnel cabin is now being added to the offering. The designers …

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