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Africa’s uranium first mover

TSXV-listed uranium junior GoviEx Uranium is looking to take advantage of changing market fundamentals and use its first-mover advantage in Africa. The company remained steadfast in the development of its mine-permitted Madaoela uranium project in Niger despite uranium’s fall from favour. Company CEO Daniel Major’s unwavering commitment to the asset, …

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B2GOLD’S YEAR-TO-DATE CORPORATE SOCIAL INVESTMENTS EXCEED N$100 MILLION

B2Gold’s year-to-date corporate social investments exceed N$100 million The Namibian operation of the Canadian gold major, B2Gold Corporation, this week made another very substantial contribution to the COVID-19 Disaster Relief Fund. Last week, the Managing Director of B2Gold Namibia, Mark Dawe presented the contribution of just over N$34 million to …

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Second economic stimulus on the horizon for Namibia

Namibian Minister of Finance, Iipumbu Shiimi, recently said the government will soon announce a second package aimed at stimulating medium to long-term economic recovery. said recently. The president will announce this lifeline in the coming months, Shiimi said. All eyes are on treasury, however, to see which stimulus tools they …

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Phosphate mining Namibia’s economy hopeful, says NMP

Namibia Marine Phosphates, with its proposed Sandpiper marine phosphate mining project, believe that development of phosphate mining will position the country as an exporter of phosphate and fertiliser products. The move is set to bolster the country’s agricultural activity, as currently, much of the fertiliser consumed in Namibia is imported. …

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New analysis software for automotive ethernet testing

PicoTechnology has released a new BroadR-Reach decoder/analyzer package that simplifies Automotive Ethernet integration testing and debugging. Locally represented by COMTEST the package includes a novel non-intrusive software directional coupler to separate up- and downstream traffic on full-duplex communication lines. BroadR-Reach allows multiple in-vehicle systems to simultaneously access information over single …

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Aukam graphite gets production green light

Authorities at the mines and energy ministry have issued mining licence to Toronto based company Gratomic for the company’s Aukam graphite property located 120 miles from the Port of Luderitz. The licence covers base and rare metals, industrial minerals, and precious metals and falls within the proximity of the Aukam …

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U-turn on royalties non-deductibility expected to encourage investor confidence-Govt

Minister of Finance has announced that the U-turn by the taxman to withdraw the proposal to disallow tax-deductibility of royalties for non-diamond mining companies would encourage investor confidence and economic agents to explore, produce and reinvest in Namibia.   The proposal to not allow non-diamond mining royalties to be deducted …

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Premier to further purchase in MN Holdings

MN Holdings owner and operator of Otjozondu manganese mining project in Namibia has confirmed that anticipated gross export tonnages of manganese lump ore are now up to 5 600 t a month at an average grade of about 34% manganese. The company also said Aim-listed Premier African Minerals reaffirmed the …

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Namibia’s energy sector gets a lift

Namibia Mines and Energy Minister Tom Alweendo has expressed optimism regarding the country’s energy future especially with the recently introduced reforms in the country’s renewable energy sector as well as the growing presence and entry of international oil companies into the hydrocarbons sector. Namibia, which has more than 300 days …

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Gratomic secure mining licence for Namibia’s Aukam graphite property

Namibia’s Ministry of Mines and Energy has given a notice that it has granted TSX-listed graphite-focused company Gratomic Mining License 215 for its Aukam graphite property in Namibia. Securing the mining license is a critical step towards moving the Aukam mine into commercial production. Arno Brand, President and CEO Gratomic …

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