Africa

ASX-listed Bannerman Resources has announced intentions to update the definitive feasibility study (DFS) for Etango uranium project. The company said the development comes following the conclusion of the heap leach demonstration plant programme. According to the company the updated DFS will target capital and operating cost reductions, with the demonstration …

The MUN says nationalisation of mines would ensure decent jobs, job security and maximum benefits to the country from its natural resources. The Mineworkers Union of Namibia’s Namdeb branch at Oranjemund has called on the government to consider nationalising mines in light of intended retrenchments of workers at the Skorpion …

Norwegian supplier of floating production services to the oil and gas industry, BW Offshore has confirmed involvement in the Kudu gas field as BW Kudu Limited, a wholly owned subsidiary of BW Offshore. BW Kudu Limited has entered into a Farm-Out Agreement for a 56% stake of the Kudu license …

The Namibian government recently announced the lifting of a 10-year moratorium on new applications for exploration licences on nuclear fuel minerals. The Ministry of Mines and Energy announced in a statement that it is withdrawing the reservation of any area in Namibia from any prospecting and mining operations in respect …

ASX-listed Bannerman Resources will update the definitive feasibility study (DFS) for its Etango uranium project, in Namibia, following the conclusion of the heap leach demonstration plant programme. “Our two-year commitment to the Etango demonstration plant programme has been a remarkable success. Not only have we consolidated Etango’s position as one …

Junior Auroch Minerals has continued to grow its Karibib lithium project, in Namibia, signing an option and joint venture (JV) agreement over a nearby exploration tenement. The company recently reported that the option and JV agreement, under which it could earn up to a 90% interest in a granted exploration …

Uranium miner Paladin Energy has warned shareholders of a delay in the completion of the sale of a 24% interest in the Langer Heinrich mine, in Namibia, to a Chinese company. The dual-listed firm is selling a 24% interest in Langer Heinrich to CNNC Overseas Uranium Holdings and up to …

South Africa’s historically successful mining industry has crowded out the search and discovery of potential new mines, leaving in its wake a lack of sufficient exploration investment to seek out new orebodies. South Africa is not investing in its geological potential as much as it should be and risks falling …

Namibia diamond exploration and sampling mining vessel, the SS Nujoma, will leave the Port of Cape Town on Tuesday, embarking on a two-week period of sea trials. The mining vessel has been in the Port of Cape Town since arriving from Norway in August, where it was being outfitted with …

The Ministry of Mines and Energy this week announced that fuel pump prices for November 2016 will remain unchanged. According to the Minister of Mines and Energy, Obeth Kandjoze, the average price per refined barrel of oil in Singapore, Kuwait and Italy, from where Namibia sources petroleum products, were US$61 …