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 …
Read More »Africa’s uranium first mover
TSXV-listed uranium junior GoviEx Uranium is looking to take advantage of changing market fundamentals and use its first-mover advantage in Africa. The company remained steadfast in the development of its mine-permitted Madaoela uranium project in Niger despite uranium’s fall from favour. Company CEO Daniel Major’s unwavering commitment to the asset, …
Read More »B2GOLD’S YEAR-TO-DATE CORPORATE SOCIAL INVESTMENTS EXCEED N$100 MILLION
B2Gold’s year-to-date corporate social investments exceed N$100 million The Namibian operation of the Canadian gold major, B2Gold Corporation, this week made another very substantial contribution to the COVID-19 Disaster Relief Fund. Last week, the Managing Director of B2Gold Namibia, Mark Dawe presented the contribution of just over N$34 million to …
Read More »Second economic stimulus on the horizon for Namibia
Namibian Minister of Finance, Iipumbu Shiimi, recently said the government will soon announce a second package aimed at stimulating medium to long-term economic recovery. said recently. The president will announce this lifeline in the coming months, Shiimi said. All eyes are on treasury, however, to see which stimulus tools they …
Read More »Phosphate mining Namibia’s economy hopeful, says NMP
Namibia Marine Phosphates, with its proposed Sandpiper marine phosphate mining project, believe that development of phosphate mining will position the country as an exporter of phosphate and fertiliser products. The move is set to bolster the country’s agricultural activity, as currently, much of the fertiliser consumed in Namibia is imported. …
Read More »New analysis software for automotive ethernet testing
PicoTechnology has released a new BroadR-Reach decoder/analyzer package that simplifies Automotive Ethernet integration testing and debugging. Locally represented by COMTEST the package includes a novel non-intrusive software directional coupler to separate up- and downstream traffic on full-duplex communication lines. BroadR-Reach allows multiple in-vehicle systems to simultaneously access information over single …
Read More »Aukam graphite gets production green light
Authorities at the mines and energy ministry have issued mining licence to Toronto based company Gratomic for the company’s Aukam graphite property located 120 miles from the Port of Luderitz. The licence covers base and rare metals, industrial minerals, and precious metals and falls within the proximity of the Aukam …
Read More »U-turn on royalties non-deductibility expected to encourage investor confidence-Govt
Minister of Finance has announced that the U-turn by the taxman to withdraw the proposal to disallow tax-deductibility of royalties for non-diamond mining companies would encourage investor confidence and economic agents to explore, produce and reinvest in Namibia. The proposal to not allow non-diamond mining royalties to be deducted …
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