Business

Delegates at the Mining Indaba believe that it is imperative to grow economies first in mining communities as that will translate in economic growth for nations and the continent. An estimated 7,000 delegates from 90 countries are in Cape Town for the Investing in African Mining Indaba which started on …

Hexagon’s operator alertness system for light vehicles has been voted winner of the 2019 Mining Magazine Safety award. The annual awards celebrate excellence in the mining industry, as voted by readers who are invited to recognize “outstanding commitment to advancing the state of play in mining”. “This year, we received …

Namibia Critical Metals Inc. has signed an agreement with Japan Oil, Gas and Metals National Corporation (JOGMEC) to jointly explore, develop, exploit, refine and distribute mineral products from the company’s Lofdal Heavy Rare Earth Project. The agreement provides JOGMEC with the right to earn a 50 percent interest in the …

International diamond giant, De Beers Group Industry Services has announced a new collaboration with leading US wholesaler, RDI Diamonds Inc.   According to the company, RDI Diamonds Inc is to become its premier source of diamond grading reports.   The partnership marks De Beers Group Industry Services’ first step into …

Bannerman Resources has invested into high-impact optimisation opportunities at its Etango Uranium Project. Brandon Munro, Bannerman’s Chief Executive Officer said the development is positioning the business for a sustained recovery in the sector while preserving shareholder value. “Uranium investors will remember 2019 as a disappointing year, with the sector dogged …

Wits University’s School of Mining Engineering has been further recognised with the award of a National Research Foundation (NRF) rating to a fifth member of staff. Associate Professor Bekir Genc has received an NRF C2 rating for his work on the management of spontaneous combustion risk in South Africa’s coalfields. …

Climate campaigners have described the announcement by the British government to suspend financial support for thermal coal as a “small first step.” The British Prime Minister, Boris Johnson announced at the inaugural UK-Africa summit that the government will suspend financial support for thermal coal as part of efforts to present …

NAMDEB is confident that the government would grant the company tax breaks so that it extends its land-based operation beyond 2023. Namdeb is a joint venture between the Namibian government and Anglo American’s De Beers Group, it currently pays a 10% royalty on its sales and 55% corporate tax on …

African Development Bank President Akinwumi  Adesina is expected in London for the UK-Africa Summit, an investment summit aimed at forging new partnerships under the theme: ‘Partners for prosperity.’ The summit is being convened by Prime Minister Boris Johnson and kicks off on January 20th . According to a statement, a …

Orano Mining Namibia has announced its internal restructuring within the top-level structure. The move is part of the larger group’s ongoing global responsiveness to internal and external business dynamics. According to the company, Hilifa Mbako steps down as Managing Director of Orano Mining Namibia with effect from 01 January and …