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Sultan secure copper-gold foothold in Damara Belt

Australian miner Sultan Resources has applied for a 171.2km² copper-gold exploration licence in Central Damara Belt, a district already hosting multi-million-ounce deposits. Without issuing a single consideration share, Sultan Resources’ Kaalkop Copper-Gold Project move is one of the most capital-disciplined entry points in African gold exploration. Sultan Resources has lodged an …

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Karibib Lithium Deal Puts Namibia’s Local Ownership Question Under Scrutiny

The proposed takeover of Namibia’s Karibib lithium project is putting the spotlight on how much local ownership will remain in a project that could gain renewed momentum as lithium demand recovers. Just 1% of Britain-based African Critical Elements (ACE), the company seeking approval to acquire the project, is currently owned …

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Seabed Mining Rush Reaches Namibia’s Coast

The world’s easiest deposits are running out on land, and that is pushing mining companies back toward an idea they shelved decades ago, pulling metals and minerals straight from the ocean floor. Demand for deep sea cobalt, copper and nickel is climbing fast enough that companies once again have their …

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