The 2022 edition of Investing in African Mining Indaba, originally scheduled for February has been moved to May 2022. Organisers of the event said the decision was made following extensive consultation with partners, key stakeholders across the mining value chain and government ministers. “Collectively we decided, due to ongoing challenges …
Read More »Minister mull development of local inputs database to provide platform for local supply to meet needs of mining companies
Mining companies are still procuring goods and services from foreign companies, according to Minister of Mines and Energy Tom Alweendo, despite the fact that local companies could potentially provide these goods and services. He was speaking at the virtual mining expo’s opening yesterday. According to Section 50(d) of the Minerals …
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Read More »Nambeb increases safety and efficiency at its diamond operation
Namibia’s Oranjemund, where Namdeb’s mine is adjacent to the Orange River’s estuary, is a key location for diamond extraction. By the time it reaches the ocean, the river has travelled through most of southern Africa and is rich in minerals. The current slows and the rocky fragments settle out at …
Read More »NEF hikes fuel prices
By GLENN-NORA TJIPURA Consumers should anticipate an increase in fuel prices beginning of September, the Ministry of Mines and Energy has announced. The expected price hike will see petrol increase by 60 cents per litre and diesel by 30 cents per litre. The development comes as authorities have announced that …
Read More »Trigon intends to raise C$5 million to restart Namibia copper mining venture
Trigon Metals, a Canadian junior, intends to raise C$5 million to restart the Kombat copper mine in Namibia’s Otavi mountainlands. On Tuesday, the TSX-V-listed explorer and developer announced a non-brokered private placement financing of up to 12.5 million units at C$0.40 per unit. A common share and one-half of a …
Read More »Namibia exports increase to N$5.4 billion, Mining accounts for 70 per cent
Namibia Statistics Agency’s most recent trade statistics has revealed that mining production across various commodities boosted exports significantly in June 2021, with exports increasing by 14.1 per cent to N$8.6 billion, up from N$5.4 billion the previous month. According to the Statistics Agency, key commodities accounted for just over 70% …
Read More »Oukwanyama Traditional Authority seeks to arrest illegal sand mining in the area
Otesa Civil Engineering, which was fined N$668,000 by the Oukwanyama Traditional Authority for illegally extracting sand at Ohailulu village in the Ohangwena region, has paid N$300,000. Otesa Civil Engineering made the payment on June 8, according to the proof of payment seen by the media. Efraim Weyulu, the Oukwan-yama senior …
Read More »Sandvik demonstrates its commitment to miners in Southern Africa
Sandvik Mining and Rock Solutions have relocated its South African headquarters to brand new, purpose-built premises in Kempton Park, near Johannesburg, in a strategic move that it claims will consolidate its resources and further enhance its customer service. The state-of-the-art Khomanani facility includes three large workshop areas and office space …
Read More »Mines Minister taken to court in another mining-license snafu
According to Namibia media reports, Tom Alweendo, the Minister of Mines and Energy, is embroiled in yet another license glitch after being taken to court recently. David Shikwambi (83) accuses the minister of attempting to deprive him of two exclusive prospecting licences (EPLs) whose renewal had been denied. Deep-South Resources …
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