Business

There is a direct correlation between the market size of contract mining and the commodities cycle/prices and investment patterns in capital projects Historically, mining was a highly protected industry and had a low propensity for outsourcing, but more operations are being outsourced across Africa, says global consultant and adviser Deloitte. …

In line with its strategy of targeting minerals critical for the future of the energy environment, ASX-listed GB Energy has entered into an option agreement with an unnamed South African company which, if exercised, provides the GB Energy with the right to acquire a 70% stake in Namibia’s Bitterwasser lithium …

The ZRW mobile solar-powered floodlighting system was supplied to Namibian iron-ore mine which requires electricity to run 24/7 Tailor-made energy solutions provider ZRW Mechanika’s supply of solar-powered masts last year to chrome mining company Samancor Western Chrome, which operates an opencast mine in Marikana, in the North West, has sparked …

Diversified mining company Anglo American has produced less diamond, copper, coal, manganese alloy and niobium in the three months to March 31. Diamond production fell by 10%, copper production by 19%, export thermal coal by 13%, export metallurgical coal by 9%, Eskom coal by 8% and niobium by 13%. Refined …

Leaders in the diamond industry will come together in Windhoek next week for the two-day International Diamond Conference 2015. The conference, which will take place from 23 to 24 November, is themed: ‘Omugongo, A Cut Above The Rest.’ Omugongo by definition is a great tree under which society comes together …

The Namibian Uranium Association (NUA) is an independent association representing the interests of all operating uranium mines, most of the uranium exploration companies and contractors associated with the industry. It is governed by a board of trustees. The purpose of the association is to promote the development of an efficient …

The Namibia Statistics Agency (NSA) released its gross domestic product (GDP) report for Quarter 3 of 2015. Real economic growth slowed to just 3.5% year-on-year during the period from an upwardly revised estimate of 6% year-on-year for the second quarter the GDP numbers showed. Commenting on the results, analysts PSG …

The Minister of Mines and Energy, Hon. Obeth Kandjoze, inaugurated the first ever Simulation Training Centre at the Ohorongo Cement Sargberg Plant recently. The centre forms part of the N$50 million total investment which was made into a Composite Cement Plant, a new packaging line and the Simulation Training Centre …

Energy solutions and investment will be under the lupe at the 4th Annual Africa Infrastructure and Power Forum in Beijing in China on 15 and 16 October. This important meeting once again partners with the China Africa Development Fund, who will be seeking new projects to receive some of the …