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, …
Read More »Electra Mining Africa to give local mining sector much needed boost
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 …
Read More »South African pumps enter Israeli market
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 …
Read More »Miners find 500-year-old shipwreck filled with gold coins in Namibian desert
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 …
Read More »Despite delay, Denison and GoviEx asset merger to create new African uranium champion
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 …
Read More »Ondundu B2Gold’s next project
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 …
Read More »No Phosphate mining for Namibia
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 …
Read More »80 million litres diesel for Husab
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 …
Read More »Zim says industry must tackle synthetic diamonds
The diamond industry must take action and tackle synthetic diamonds as was done with illicit diamonds through the Kimberly Process, Zimbabwe’s minister of mines and mining development Walter Chidakwa said recently. Chidakwa told a diamond conference in Windhoek that if African countries, which he said produce 65% of natural diamonds, …
Read More »Otjikoto Gold Mine delivers 4% more in Q3 of 2015
B2Gold’s Otjikoto Mine continues to perform strongly according to a release issued by B2Gold recently. According to the Company, Otjikoto produced 38,252 ounces of gold in the third quarter of 2015, approximately 4% (or 1,361 ounces) above budget. “Gold production exceeded budget mainly due to better than expected mill throughput …
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