Features

Namibia Critical Metals Inc. has signed an agreement with Japan Oil, Gas and Metals National Corporation (JOGMEC) to jointly explore, develop, exploit, refine and distribute mineral products from the company’s Lofdal Heavy Rare Earth Project. The agreement provides JOGMEC with the right to earn a 50 percent interest in the …

NAMDEB is confident that the government would grant the company tax breaks so that it extends its land-based operation beyond 2023. Namdeb is a joint venture between the Namibian government and Anglo American’s De Beers Group, it currently pays a 10% royalty on its sales and 55% corporate tax on …

Increased investments in industrialisation are key to the growth of the Namibian mining sector; he is according to a report by OG Analysis titled, ‘The Namibia Mining Market, Size, Share, Outlook and Growth Opportunities 2020-2026’. The report presents a comprehensive analysis of the country’s mining. It gives key trends and …

With the economy and the construction sector set to grow at a steady speed in Belgium, the Netherlands and Luxembourg over the next few years, Terex Trucks is expanding its operations and bringing its TA300 and TA400 articulated haulers to even more customers throughout the region. The Benelux region is …

Namibia Critical Metals have professed ignorance regarding material change in the operations of the company that could account for the 80% jump in its share price. According to market reports October 29 was a positive day for Namibia Critical Metals Inc. (NMI: CA) as its stock ended the day 80% …

Paladin Energy Ltd’s pre-feasibility study (PFS) for the resumption of the Langer Heinrich uranium mine has provided enhanced economics and potential for capacity expansion at the Namibian mine. The study has confirmed that $80-million in capital will be required to support a 5.2-million-pound-a-year operation. The Namibian mine look set to …

Uranium miner Paladin Energy expects to benefit should there be a substantial increase in the uranium price, following signs of recovery in late 2018, chairperson Rick Crabb said in the company’s annual report for the 2019 financial year, published on Tuesday. The miner owns 75% of the Langer Heinrich mine, …

AfriTin will now focus on ramping the plant up to its design capacity of 500 000 t/y of ore, which will produce about 60 t a month of tin concentrate by the end of the fourth quarter of 2019. Moreover, AfriTin has concluded an offtake agreement with Thailand Smelting and …

THE Central Procurement Board has failed to convince mines minister Tom Alweendo why it picked a diamond valuation company that charged the government N$70 million more than the outgoing service provider. The CPB, on behalf of the mines ministry, had awarded a N$300 million contract to Gem Diamonds Namibia to …

Deep Yellow has reported encouraging drilling results on EPL3497 where new continuous mineralisation has been identified in the Tumas 1 East palaeochannel area along Tributary 5. According to the company, the program was completed in April 2019 with a total of 211 RC drill holes for 1,951m drilled. The project’s …