Russia is waiting on a yes from Windhoek and it sounds confident of getting one. Namibia, Africa’s largest uranium producer, appears close to sealing a major production deal with Rosatom, the Russian state owned nuclear company, and Moscow says it expects the Namibian government to respond positively. Rosatom’s Director General, …

Independent copper and future metals developer, Serval Resources’ latest assay results confirm high-grade copper-silver mineralisation across multiple prospects at Kaoko Basin project. According to the company, the results validate and extend previously reported field portable X-ray fluorescence analyser (pXRF) readings, validating Cu-Ag mineralisation across several distinct mineralised styles and horizons …

The Ministry of Industry, Mines and Energy has renewed Asarian Energy’s Namibplaas exclusive prospecting licence (EPL) 3638 for a further two years. EPL 3638 covers the Namibplaas uranium deposit, which forms part of the company’s Norasa Project1, together with the adjacent Valencia uranium deposit. The renewal enables the company to …

Andrada Mining’s latest drilling at its Lithium Ridge Project in Namibia shows that the lithium on the property reaches further than previously understood, with rich results from several rock bodies including newly identified ones that sit outside the main belt of mineralisation the company has been following. The fifth batch …

Paratus has launched Eutelsat’s OneWeb Low Earth Orbit (LEO) satellite service in Namibia, the new service is designed to appeal countrywide to both the residential and commercial market, combining high-speed, low-latency satellite connectivity with competitive pricing. The Paratus customer management solution gives users greater visibility and control over their data …

Canadian listed gold exploration company focused on the discovery and advancement of new gold systems, Ongwe Minerals has intersected multiple high-grade gold zones at it BK2 Target within the Belmont Prospect at its Khorixas Gold Project. The Belmont Prospect, part of the Khorixas Gold Project, is a large-scale greenfields surface …

Mozambican corporate services firm KKLM Enterprise Lda has inked a strategic cross-border partnership with Nigeria’s Dubi Energies, marking a significant step toward delivering specialized industrial waste management and water treatment solutions to the expanding mining, oil, and gas sectors across Southern Africa. Founded in 2022, KKLM Enterprise built its initial …

Bannerman Energy, the developers of Etango Uranium Project continues to report strong progress across its construction works activities. According to the company, the early works construction activities continue to advance in line with overall budget and schedule expectations. The company says the bulk earthworks package is now approximately 99 percent …

As investment increasingly replaces consumer spending as a driver of growth, Africa’s critical minerals and energy resources could become increasingly important to the global economy The global economy is entering a period in which geopolitical fragmentation, energy security, technology investment and changing trade relationships are increasingly intertwined, creating both new …

The African Development Bank Group has signed a letter of intent (LOI) with the German Federal Ministry for Economic Cooperation and Development (BMZ) to cooperate on developing Africa’s railway systems and deepening regional economic integration. Mike Salawou, Bank Group Director for Infrastructure and Urban Development signed on behalf of the …