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, …Read More »
The Chamber of Mines has indefinitely cancelled the 2020 Mining Expo and Conference, after postponing it to the 2 and 3 September due to the COVID-19 pandemic. Since the situation appears to have stabilised since the first cases of COVID-19, the Chamber is under no illusion that the country is …Read More »
Transport sector COVID-19 fight gets injection from Engen The transport sector fight against the impact of COVID-19 got a boost from Engen Namibia which recently sponsored fuel worth N$100,000 to the Walvis Bay Corridor Group. Engen offered its network of retail service stations at the disposal of the Walvis Bay …Read More »
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 …Read More »
The Red Dot Jury has made its decision: MK-42 emerged victorious from the Red Dot Product Design Award 2020, and won a Red Dot for its good design quality. This means that GHH is one of the winners in the world’s most renowned design competition. The MK-42 is a 42 …Read More »
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 …Read More »
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. …Read More »
CEO of AfriTin, Anthony Viljoen, has revealed that the company is no longer affected by lockdowns and will, therefore, resume full activity. There had been interruptions, however. “We have not been immune to the disruptions caused by the lockdowns and have experienced delays in the supply chain from Namibia and …Read More »
How will multinational mining companies respond to investors’ growing focus on environmental, social and governance (ESG) issues?
Despite the short-to-midterm challenges of the global pandemic, the biggest challenge for multinational mining companies over the next decade will be responding to investors’ growing focus on environmental, social and governance (ESG) issues. As a focal point of how seriously the extractives industries are now taking ESG investing, over the …Read More »
Mining sector’s evolution is in tandem with global demand for increased responsibility and sustainability.
The expectations and priorities of a modern-day investor in the mining sector have significantly changed in line with global demand for more responsible and sustainable extraction of mineral resources. ESG, referring to the performance of investment portfolios against Environmental, Social and Governance (ESG) standards, has firmly established itself across the …Read More »