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Economy still in the woods – Governor

Central bank governor Ipumbu Shiimi says activity in the construction and wholesale sectors are expected to contract further in 2018. Shiimi said these sectors were expected to contract at the ‘rate they contracted for the past two years’. “Unfortunately, the construction and wholesale sectors are still struggling. We expected deep …

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Tschudi experience massive groundwater inflow rates

Weatherly’s latest update on Tschudi operations indicate that the mine’s open pit has experienced a rapid and material increase in groundwater inflow rates. According to the company pumps and pipes inside the open pit have been relocated, on-site standby pumping equipment and pipelines have been installed, and additional pumps have …

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Hope for blocking phosphate mining

The lawyer representing the fishing organisations that are suing to stop seabed phosphate mining said he is optimistic that they will win their court case. Lawyer Sisa Namandje made these remarks to The Namibian yesterday when asked about his reaction to a recent court judgement which concluded that the decision …

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Rare Earths mobilizes airborne survey over Kunene project

Namibia Rare Earths Inc. has contracted SkyTEM Surveys ApS (SkyTEM) to carry out a detailed airborne electromagnetic and magnetic survey covering all the previously identified cobalt targets on its Kunene Cobalt-Copper Project in northern Namibia. According to the company, the survey will cover over 600 km2 and comprises 3,700 line …

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Namdeb shifts exploration focus to shallow inshore extensions of existing on-land licences

It is not generally known that Namdeb’s onshore mining licences include certain inshore extensions, but these previously untapped areas are now the focus of a pre-feasibility to estimate the cost versus recovery potential in these licensed alcoves. For over twenty years, Namdeb’s investment and growth have been hampered by the …

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Mines minister urges the sector to strengthen value chain management

The Minister of Mines and Energy, Tom Alweendo earlier this week said there is need of strengthening the value chain management in the country’s mining sector. “It is a fact that the mining sector will play an even bigger role in our socio-economic development when we strengthen the value chain …

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Mining employed nearly 17000 in 2017

Nearly 17 000 people were employed by the mining sector in 2017, Chamber of Mines of Namibia chief executive officer Veston Malango said on Wednesday. He was speaking at the 2018 mining expo where he said of the 16 905 people employed in the sector, 9 643 were permanently employed, …

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Nedbank Namibia ready to serve the mining industry

NEDBANK Namibia expressed willingness to finance the mining and resources sector, during the Namibian mining expo held in Windhoek recently. The corporate and investment banking mining and resources finance team shared insight on how the Namibian mining sector can position itself in the global context of direct foreign investments and …

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New battery digital temperature gauges on offer

South African equipments sales company Instrotech has on offer Kobold’s DTE series of digital temperature gauges. According to the company,  the  DTE series offers a wide range of industrial and analytical possibilities for applications where high accuracy and clear indication is required, and where alarm control and displayed messaging is …

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Rough diamonds production increase at De Beers

De Beers’ rough diamond production for the first quarter of 2018 increased 15 percent to 8.5 million carats, reflecting the ramp-up of production from Gahcho Kué in Canada, which reached nameplate capacity in Q2 2017, and increased production from Orapa in Botswana in response to the sustained healthy trading conditions. …

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