Business

Namibia Critical Metals Inc. (“Namibia Critical Metals” or the “Company”) (TSXV: NMI) announced it has reached agreements (“Debt Settlement Agreements”) with certain senior management and directors to fully settle an aggregate of $377,103 of unpaid compensation with the issuance of common shares in the Company. Pursuant to the Debt Settlement …

Minister of Finance has announced that the U-turn by the taxman to withdraw the proposal to disallow tax-deductibility of royalties for non-diamond mining companies would encourage investor confidence and economic agents to explore, produce and reinvest in Namibia.   The proposal to not allow non-diamond mining royalties to be deducted …

MN Holdings owner and operator of Otjozondu manganese mining project in Namibia has confirmed that anticipated gross export tonnages of manganese lump ore are now up to 5 600 t a month at an average grade of about 34% manganese. The company also said Aim-listed Premier African Minerals reaffirmed the …

Condra has completed manufacture of eight explosion-proof, high-lift hoists – four of them articulated – for Tenova Bateman. All are custom-built, two-speed machines that utilise the modularity of Condra’s K‑Series to deliver performance capabilities precisely tailored to the individual requirements of each application. After commissioning at Kusile Power Station, the …

Set to help mine planners, designers prepare prospective regions accurately MICROMINE has expanded its suite of intuitive mine planning tools which will be available in a significant upgrade pack to be released next month, the company has revealed. The software specialist, which is a market leader in mine design and …

Namibia Mines and Energy Minister Tom Alweendo has expressed optimism regarding the country’s energy future especially with the recently introduced reforms in the country’s renewable energy sector as well as the growing presence and entry of international oil companies into the hydrocarbons sector. Namibia, which has more than 300 days …

The Vancouver-based miner Trevali has explained that it would still publish the Rosh Pinah 2.0 expansion project pre-feasibility study in the second quarter, but that an investment decision initially planned for 2020 would be deferred. Trevali deferred its expansion plans for the Rosh Pinah zinc mine in Namibia as it …

Right under our noses, Osino Resources – managed primarily out of South Africa and listed in Canada – has pulled off a potentially stunning gold find in Namibia. Osino raised $15 million (R276 million) from Canadian investors in January, sufficient to complete its exploration programme within the next 18 months. …

A new Flexicon Sizing-Dispensing System for abrasive materials receives, scalps, stores and dispenses sand, rutile, zircon, and other dense, abrasive materials on-demand, free of dust. Fed by a pneumatic conveying line, the system is equipped with an integral cyclone that separates incoming solids from the air stream. A rotary airlock …

The current Covid19-related economic challenges both locally and throughout the Africa starkly highlight the need for pan-African companies and governments to support African supply chains, and in so doing, to boost economic activity on the continent. This can be achieved by procuring the production of goods and services for infrastructure …