Business

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 …

Breakbulk network, Universal Freight Organisation has expanded its membership in Namibia, with the addition of freight forwarder Pronto Global Air & Ocean Freight. The firm is the first new representative of the UFO in 2020 and brings extensive experience handling a range of breakbulk cargoes, including building materials, mining equipment, …

Once the largest hard-rock tin mine in the world, production at Uis, Namibia, came to a halt in 1990 following a global crash in tin prices in the mid-1980s. In 2016, Bushveld Minerals acquired the Uis tin assets in Namibia and subsequently demerged their tin assets into a dedicated tin …

Increased investments in industrialisation are key to the growth of the Namibian mining sector; he is according to a report by OG Analysis titled, ‘The Namibia Mining Market, Size, Share, Outlook and Growth Opportunities 2020-2026’. The report presents a comprehensive analysis of the country’s mining. It gives key trends and …

With the economy and the construction sector set to grow at a steady speed in Belgium, the Netherlands and Luxembourg over the next few years, Terex Trucks is expanding its operations and bringing its TA300 and TA400 articulated haulers to even more customers throughout the region. The Benelux region is …

Empire CAT of Phoenix, AZ, has donated a 2020 GMC Sierra 2500 SLT Diesel truck valued at $70,000 as the grand prize for the Society for Mining, Metallurgy & Exploration Foundation (SMEF)  Benefit Truck Raffle. The proceeds are to support critical education, outreach and professional development programs for SMEF. “Empire …

President Cyril Ramaphosa says the time has come for Africa to benefit from its mineral wealth and be a producer of value-added goods. The President made the impassioned plea during the opening ceremony of the second Africa Investment Forum at the Sandton Convention Centre in Johannesburg. Approximately 2 000 delegates …

Paladin Energy Ltd.’s pre-feasibility study (PFS) for the resumption of the Langer Heinrich uranium mine has provided enhanced economics and potential for capacity expansion at the Namibian mine. The study has confirmed that $80-million in capital will be required to support a 5.2 million pound a year operation. The Namibian …