Swakopmund chapter of the Mineworkers Union of Namibia (MUN) has petitioned Langer Heinrich Uranium. The union chapter is disappointment with the company’s decision to put the mine on care and maintenance, a decision expected to affect up to 600 workers. Last month, the miner announced decision to ‘mothball’. Michael Introna, …

Oshikoto has anchored hope on micro- financing to advance economic development and withstanding the headwinds of the country’s dwindling economy. Henock Kankoshi, Oshikoto Governor’s recent State of the Region Address (SORA) highlighted that eight income generating projects in rural areas from different constituencies received a collective funding of N$528 846 …

Trevali has been appointed Gerbrand van Heerden Chief Financial Officer of the Company, effective June 1, 2018. Gerbrand most recently served as Trevali’s Senior Vice President – Business Initiatives and Development. He joined Trevali in 2017 following the Company’s acquisition of the Perkoa and Rosh Pinah mines. Gerbrand is both …

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 …

Interim figures for De Beers rough diamond sales for cycle four of 2018 showed an increase of US$550 million (N$7 billion). The figures are from Global sightholder sales and auction sales show that the sales value for the third cycle of 2018 stood at US$524 million (N$6,62 billion), slightly lower …

Signet Jewelers, the world’s largest retailer of diamond jewellery, will become the first retailer to join its pilot programme TracrTM, the end-to-end diamond blockchain being developed by De Beers Group in collaboration with the diamond industry. The company joins the growing list of industry leaders trialing the platform during its …

Namibia Rare Earths Inc has changed its company name to Namibia Critical Metals Inc. The company’s board believes the the new name more accurately reflects the recently expanded commodity base from solely rare earths to include a variety of highly critical commodities including cobalt, copper, vanadium, zinc, lithium, graphite, tantalum, niobium, …

De Beers Group’s diamond brand Forevermark has launched Libert’aimeTM , a new flagship store at HKRI Taikoo Hui in Shanghai, China. The opening marks the 1,000th Forevermark store in China, and comes as the brand celebrates its 10-year anniversary in the country. Created to celebrate the spirit of a new generation …

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 …

Rio Tinto has been granted accreditation by Australia’s Office of the National Rail Safety Regulator approving the autonomous operation of trains at the group’s iron ore business in Western Australia. The AutoHaul® project continues to progress and is on schedule to be completed by the end of 2018. Rio Tinto …