Sunday , February 16 2025

Editor picks

ReconAfrica Delegation to Attend African Energy Week in Cape Town – Committed to Promoting Namibian Frontier Exploration

Scot Evans, CEO of Reconnaissance Energy Africa (ReconAfrica), has confirmed his attendance and participation in African Energy Week (AEW), which will be held in Cape Town from November 9th to 12th. Evans and Diana McQueen, Senior Vice-President Communications and Stakeholder Relations, will both be in Cape Town not just to …

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Minister mull development of local inputs database to provide platform for local supply to meet needs of mining companies

Mining companies are still procuring goods and services from foreign companies, according to Minister of Mines and Energy Tom Alweendo, despite the fact that local companies could potentially provide these goods and services. He was speaking at the virtual mining expo’s opening yesterday. According to Section 50(d) of the Minerals …

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NEF hikes fuel prices

By GLENN-NORA TJIPURA Consumers should anticipate an increase in fuel prices beginning of September, the Ministry of Mines and Energy has announced. The expected price hike will see petrol increase by 60 cents per litre and diesel by 30 cents per litre. The development comes as authorities have announced that …

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Mines Minister taken to court in another mining-license snafu

According to Namibia media reports, Tom Alweendo, the Minister of Mines and Energy, is embroiled in yet another license glitch after being taken to court recently. David Shikwambi (83) accuses the minister of attempting to deprive him of two exclusive prospecting licences (EPLs) whose renewal had been denied. Deep-South Resources …

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The African Oil & Gas Sector Needs An Energy Boost

The past 18 months have torn through industry and sector globally, leaving behind complex layers of economic instability and financial growth uncertainty. For the oil and gas sector, these months have hit the bottom line like a hammer – as the African Energy Chamber (AEC) Africa Energy Outlook 2021 report …

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August fuel prices to remain unchanged

Authorities have resolved to keep the fuel pump prices unchanged for August The Ministry of Mines and Energy said petrol pump prices will remain at N$13.55 c/l and diesel prices will remain at N$13.58 c/l. In July under-recoveries of 91.236 cents/litre was recorded on petrol while 50ppm diesel recorded an …

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Mines Ministry requires N$212,4 million for its 2021/22 financial year-Minister

Tom Alweendo, the Minister of Mines and Energy, says his ministry is only requesting a N$212,4 million budget allocation from Treasury for the current financial year. He stated this during the National Assembly’s motivation for the 2021/22 budget. The budget request, according to the minister, is for six programs: promotion …

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Amid the controversy over sea mining, the Ministry says it remains neutral

Since 2011, Namibians have been debating whether or not to mine for marine phosphate. The Ministry of Environment, Forestry, and Tourism has declared itself neutral on the topic after ten years of the country’s most contentious debate. Despite this, government leaders, billionaire capitalists, and activists have been treading a fine …

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Marenica discovers a massive new uranium system in Namibia

Marenica’s uranium exploration efforts in Namibia are still paying off, with the company discovering a massive palaeochannel system that stretches for at least 19 kilometres. The Namib IV system is located northeast and southwest of the Hirabeb and Koppies systems, but it is separate from them. Marenica Energy’s (ASX: MEY) …

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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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