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Editor picks

Old Mutual acquires stake in Rosh Pinah

Old Mutual Investment Group Namibia has acquired a majority stake in a 5MW solar PV (photovoltaic) plant at Rosh Pinah in the !Karas Region of Namibia. The shares were previously owned by AEE Power Ventures SL, a Spanish energy company, which developed and constructed the plant. AEE Power has disposed …

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GHH fills the 7 tonnes gap

The manufacturer of heavy duty mining equipment GHH has launched a remarkable LHD. It comes with the biggest bucket and the best power rating, for highest operating slope angles, in the seven tonnes payload class. All that combined in a super low emission, super compact package. The GHH team are …

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SeaBird exploration to target deep sea mining of minerals

Oslo-listed seismic company SeaBird Exploration is set to expand into seabed mining on the Norwegian continental shelf. The company aims to spin off and separately list its marine minerals business, Green Minerals, during the first quarter of 2021. “Strategically and operationally it makes sense to develop the marine minerals business …

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Fuel prices to increase in February

Authorities at the Ministry of Mines and Energy has opted not to adjust fuel prices, despite the under-recoveries recorded over the past months However, its monthly fuel price review has concluded the need for an upward adjustment in local fuel pump prices due to the unfavorable exchange rate, for the …

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Mining remains Namibia’s cash cow

The latest official trade statistics show that Namibia has increased its income from non-ferrous metal exports by 25.5 per cent to Belgium, China and Germany in the last quarter. According to the Namibian Statistics Agency (NSA), the Southern African Customs Union (SACU) was the largest import source for Namibia, accounting …

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Upskill your workforce with WearCheck training

Condition monitoring technology is advancing so fast that ongoing training for staff working in the machinery maintenance arena is essential in order to stay abreast of current trends. So says WearCheck’s technical manager, Steven Lumley, who plays an instrumental role in developing the company’s training schedule as well as ensuring …

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Mining set to benefit from Continental Free Trade Area

Namibian political scientist and international relations specialist Dr Ndumba Kamwanyah says the recently consummated African Continental Free Trade Area (AfCFTA) would require more than just the signatures of the continent’s 55 political leaders to operate. While the operationalization of the AfCFTA was a historical moment for Africa, Dr Kamwanyah said …

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Fuel prices remain unchanged

The Ministry of Mines and Energy has resolved to keep countrywide fuel pump prices unchanged for January 2021, with N$11.38 per litre for diesel while the petrol price will remain N$11.35 per litre. The development comes despite the under-recoveries which were observed in the previous month. In addition, the authorities said …

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Namibia Critical Metals provide updates on its Lofdal project

An update was issued by Namibia Critical Metals with additional drill results from the Area 2B satellite deposit at the Lofdal Heavy Rare Earth Project in northern Namibia. Lofdal is a JV working under a Term 1 budget of CD$4,100,000 between the company and Japan Oil, Gas and Metals National …

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