Editor picks

TSX-V-listed Deep-South Resources has closed the first tranche, for an amount of $265 447, of a recently announced nonbrokered private placement. The private placement is nearly fully subscribed, and the second tranche will close on or about September 20. The proceeds of the private placement will be used for further …

African technology metals mining company Andrada Mining is in the process of requesting the drawdown of a N$100-million, or about $5.8-million, facility from the Development Bank of Namibia (DBN). This follows DBN’s confirmation that all conditions have been fulfilled or waived and that financial close has occurred. Andrada expects the …

By Glen-Nora Tjipura In a vibrant showcase of innovation, collaboration, and the immense potential of Namibia’s mining sector, the Namibia Mining Expo 2023 took center stage on August 30-31. The event, held at the heart of Windhoek at the Windhoek show grounds, brought together industry leaders, government officials, investors, and …

Namibia’s mines minister did not have the power to cancel a Chinese lithium miner’s licence and should have approached the courts to revoke it, a judge ruled on Tuesday. Lithium miner Xinfeng took Namibia’s mines minister Tom Alweendo to court after he cancelled the company’s mining licence in April and …

Namibia is considering taking minority stakes in mining and petroleum producers to reap more value from its mineral wealth, the African country’s mining minister told lawmakers, weighing on shares of mostly Australia-listed miners on Tuesday. Namibia is one of the biggest uranium producers in the world. It is also a …

African-born telco, Paratus Group, has announced that all five of the Group’s Data Centers (DCs)have been awarded ISO 9001 (quality management), ISO 27001 (information security), and PCI-DSS (Payment Card Industry Data Security Standards) certifications and this commitment to compliance is understood to be unequalled on the African continent.  Paratus is Africa’s …

Despite environmental, social, and governance (ESG) uptake being at infancy level in Africa, more initiatives are being rolled out on the trend, as appetite heightens. With organisations now looking to incorporate ESG considerations in their strategies and objectives, dialogue on the issue is gaining momentum. This year a number of …

After five years of steadily implementing its Safety for Life brand, Omnia Group company BME has successfully achieved one of its key safety targets – a zero recordable case rate (RCR) – for the year ending January 2023. “We consider our zero RCR over the preceding 12 months as a …

Organisers of Mining Indaba have announced that South African President Cyril Ramaphosa has confirmed his attendance to the annual mining jamboree. Slated for Cape Town, South Africa next week, the event is expected to draw high-level participation of government and companies representatives Accompanied by eight ministers and three deputy ministers, …

The United States of America’s Department of State released a signed Memorandum of Understanding (MoU) with the Democratic Republic of Congo (DRC) and Zambia on electric vehicle battery value chains. The document was signed on 13 December 2022, during the Africa Leaders Summit and states DRC and Zambia’s involvement in …