Africa

South Africa’s National Treasury denied Eskom’s request to extend a short-term coal-supply contract for the Arnot power plant with Gupta family-controlled Tegeta Exploration and Resources, the electricity producer said. Four companies including Tegeta are providing the plant with coal until long-term suppliers are named at the end of September, Khulu …

Ship repair company Elgin Brown & Hamer (EBH) Namibia (EBHN) has announced that it has secured an agreement with the Mining, Metal, Maritime & Construction (MMMCU) Union, resulting in the company withdrawing its intention to embark on unilateral retrenchments. “We are extremely pleased to have concluded an amicable agreement with …

Namibia Marine Phosphate (NMP) announced this week that they have attained a mining license from the Ministry of Mines and Energy and will commence with their mining project “Sandpiper.” The project is estimated to yield 1.8 billion tonnes of phosphoric sand and carries an estimated N$5.2 billion in investment capital, …

The South African mining industry is facing another challenging year with slower than expected economic growth, a prolonged and continuing downswing in commodity prices, an increase in short-term volatility, increased pressure on operating models, and regulatory uncertainty. Adding to these challenges is the increased difficulty in raising capital due to …

Centurion-based slurry pumping solutions provider Hazleton Pumps has entered another market, supplying an Israeli company with its locally manufactured Hippo pumps range, which is designed to meet the needs of projects worldwide. Hazleton Pumps CEO Thys Wehmeyer highlights that the family-owned company manufactured its first duplex stainless steel pump in …

The haul is believed to be one of the most significant archaeological finds ever in Namibia Dieter Noli The wreckage of a 500-year-old Portuguese ship filled with gold coins has been unearthed by miners in a Namibian desert. The haul was discovered by diggers from diamond company De Beers and …

A new Africa-focused uranium champion is in the making, with the planned combination of Canadian explorers Denison Mines and GoviEx Uranium’s assets on the continent which, once completed, was expected to comprise the largest undeveloped uranium resource base in the world. Despite the partners recently announcing that closing of the …

Vancouver based B2Gold will in the foreseeable future set its focus on the development of the Ondundu project which could be B2Gold Namibia’s next project according to its president and CEO, Mr. Clive Johnson who was recently in the country to share the developments the mining company had made. High …

With the recent turmoil from media reports and all vested parties giving multiple angles on the prospect of Phosphate mining, a statement from the Chairman of the Confederation of Namibian fishing Association re-affirmed that phosphate mining is not implementable not only due to environmental risks, but also due to the …

Engen has just completed this facility to honour their commitment to the Husab Mine that it will not run out of diesel. The Husab Mine, currently under development by Swakop Uranium, needs about 80 million litres of diesel per year. Engen has just completed this facility to honour their commitment …