Trevali Mining Corp. estimates that the project has a relatively attractive internal rate of return (IRR) of 65% and 8% net present value (NPV) of $142 million based on a zinc price of US$1.11 a pound. The prefeasibility study envisions a throughput expansion to 1.3 million tonnes annually, up from …
Read More »Greenpeace condemns exploitation of yet another fossil fuel in South Africa
Commenting on the arrival of Total’s oil and gas drill rig DeepSea Stavanger in Cape Town on August 12, environmental organisation Greenpeace Africa says the Department of Mineral Resources and Energy “needs to get its story straight”. “The claim is that the drilling aims to diversify South Africa’s energy mix, …
Read More »SADC countries told to effectively promote industrialisation and improve economic growth in the region
Natural resource-based sectors, including agriculture and mining, still account for, on average, 25% of gross domestic product (GDP) in the southern African region (SADC). This means that SADC member states’ continued economic dependency on natural resources and unprocessed commodities hampers the realisation of the region’s market integration goals and industrialisation. …
Read More »Namibia plans to solve housing problem by giving land to mining companies
ERONGO governor Neville Andre believes that giving land to mining companies could lead to the alleviation the problem of squatting in the Erongo region, which is increasing at an alarming rate. Andre has urged local authorities to make land available to large mining companies, at favourable rates, for the companies to …
Read More »B2Gold appoint cementation company at Otjikoto Mine, wants to establish underground horizon
Murray & Roberts Cementation have been appointed by B2Gold to establish the underground stoping horizon at its Otjikoto Mine in Namibia. Murray &Roberts will be in a joint venture with Lewcor Mining. According to Allan Widlake, new business director at Murray & Roberts Cementation, mobilisation on site has begun and …
Read More »Stainless steel pump solution for Namibian mine
The harsh coastal conditions at a mining operation in Namibia demanded a dewatering solution beyond the ordinary, so it turned to Integrated Pump Rental. Its remote location, combined with its highly corrosive environment, meant that the mine needed its equipment to be wear-resistant and require minimal maintenance. According to Steve …
Read More »NMP awaits court judgment on Sandpiper marine phosphate project
Emerging marine phosphate miner Namibian Marine Phosphate (NMP) reports that a review application launched by the Confederation of Namibian Fisheries Associations and three other applicants was heard in the High Court of Namibia on July 7. NMP’s shareholders, legal counsel and management are confident that the judgment will be in …
Read More »BME highlights efforts to secure mining supply chains under lockdown
Covid-19 lockdown restrictions around Southern Africa have put the spotlight on mines’ supply chain security, especially with regard to key inputs like explosives and specialised blasting services. According to blasting specialist BME GM Albie Visser, mines have relied heavily on the flexibility and ingenuity of service providers to keep the supply …
Read More »De Beers’ new marine diamond mining vessel expected in 2022
The largest and most technologically advanced marine diamond mining vessel is expected to be delivered to Namibian Marine Diamond Miner Debmarine Namibia in 2022 – a joint venture between the Namibian Government and the De Beers Group. The ship under construction will be fitted with an integrated power system kit …
Read More »B2Gold Contributes to COVID-19 Relief Efforts in Namibia
B2Gold has availed a contribution of US$2 million to assist the Namibian government’s COVID-19 relief program. This represents one of the largest private sector contributions to the government’s relief fund. These funds will assist in the purchase of personal protection equipment, food relief packages and hospital equipment (including ventilators) to …
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