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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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Electra Mining Africa 2020 Cancelled

Organisers of Electra Mining Africa have announced that the 2020 show, due to take place from 7-11 September at the Expo Centre in Johannesburg, South Africa, has been cancelled due to the COVID-19 pandemic. The next edition of the show will be held from 5-9 September 2022 at the same …

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Livelihood restoration, new focus for miners

Restoring the livelihoods of households affected by resettlement is fraught with challenges, so it is vital that mines begin the process early and carefully monitor to see what is working and what is not. According to SRK Consulting, it is only quite recently that livelihood restoration has become a focus …

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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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PEA estimates 400M tonnes of resources at Haib Copper Project.

An updated preliminary economic assessment (PEA), conducted by METS Engineering Group has indicated mineral resource of 456.9-million tonnes and a grade of 0.31% copper at Haib Copper Project in Namibia. Deep-South Resources reports that using a heap leach treatment operation, its open-pit copper project demonstrates robust economics. The inferred resource …

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MICROMINE UPGRADE COMING SOON!

Set to help mine planners, designers prepare prospective regions accurately MICROMINE has expanded its suite of intuitive mine planning tools which will be available in a significant upgrade pack to be released next month, the company has revealed. The software specialist, which is a market leader in mine design and …

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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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Trevali defers Namibia expansion, to publish expansion project prefeasibility study

The Vancouver-based miner Trevali has explained that it would still publish the Rosh Pinah 2.0 expansion project pre-feasibility study in the second quarter, but that an investment decision initially planned for 2020 would be deferred. Trevali deferred its expansion plans for the Rosh Pinah zinc mine in Namibia as it …

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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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Osino Resources announces recommencement of Twin Hills Drill Program

Osino Resources Corp. announces the re-commencement of its 20,000m drill program and provides an update regarding the impact of COVID-19 related restrictions. The work program will re-commence on May 5, 2020, with diamond drilling and the IP survey at Twin Hills Central getting underway shortly after. Due to COVID-19, Osino’s …

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