According to solar trade body the Africa Solar Industry Association (AFSIA), Plans for a huge renewables-powered green hydrogen project in Botswana and Namibia have been expanded fourfold, from 1GW of generation capacity to 5GW. The project, in Southern Africa, was among the examples cited by the trade body as evidence …
Read More »New mining activities set to spur Namibian economy
Economic analysts believe that the industrial sector is set to benefit from planned expansions of existing diamond, gold, and tin mining operations; the possible resuscitation of mothballed zinc, copper, and uranium mines; and the development of new ‘battery mineral’ mines. Namibia’s prospects look more positive as growth is expected to …
Read More »Namibia set to a major player in rare earth elements supply-chain
Namibia’s mining sector is a major contributor to the country’s gross domestic product, and with the growing global push for a green revolution to prevent the earth’s surface from heating up more than 1,5 degrees Celsius in the next decade, the importance of the sector will be further highlighted. To …
Read More »Mining’s Energy Transition Dependent on New Copper Sourcing
As the demand for copper surges amid the energy transition, mining experts expect supply deficits to emerge in coming years, in part due to lacklustre investment in exploration and construction of new copper mines. Mining company executives’ preference for safe, short-term returns has led to a massive underinvestment in new …
Read More »Osino completes deal to purchase Ondundu gold
Osino Resources president and CEO Heye Daun believes that Osino’s purchase of the Ondundu Gold project in Namibia presents a highly accretive transaction for the company. The Canadian gold mining firm has signed a $15.2m deal to acquire the Ondundu gold exploration property in Namibia from B2Gold. Osino will purchase …
Read More »Precision delivery key to Unitrans Africa’s mining-sector success
The proven mining-sector material handling capability of Unitrans Africa (UA) is laying the groundwork for a bright future marked by unique innovation in key areas of the company’s operations. Unitrans Africa’s bold, long-term vision includes electric vehicles as well as real-time stockpile management and reporting. But none of these concepts …
Read More »Debmarine Namibia latest diamond recovery vessel departs Damen Shipyards Mangalia for Southern Africa
Following the official handover held on the 18th and 19th of August at Damen Shipyards Mangalia, Debmarine Namibia’s new diamond recovery vessel, departed on a four-week long maiden voyage to the Port of Cape Town, South Africa, where it will be fitted with mission equipment before beginning operations off the …
Read More »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 …
Read More »Sandvik demonstrates its commitment to miners in Southern Africa
Sandvik Mining and Rock Solutions have relocated its South African headquarters to brand new, purpose-built premises in Kempton Park, near Johannesburg, in a strategic move that it claims will consolidate its resources and further enhance its customer service. The state-of-the-art Khomanani facility includes three large workshop areas and office space …
Read More »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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