Features

The CHEC projects are valued at about N$3.44 billion and the whole project is valued at about N$4 billion. Nampost has indicated that as is the case with all large project, this project is not without risks or challenges and before the project commenced they had already identified several risks …

The growing Verlinde Cranes & Hoists dealer service network has been expanded by the addition of Expert Mining Solutions and Pirtek as the designated dealers for Namibia and the Steelpoort area.  This growth is part of Verlinde Cranes and Hoists’ ongoing effort to extend its product and service offering to …

Work on the contentious Xaris Power Project appear to be going well. This was the indication given by its Managing Director, Hennie Steyn recently when he explained, in detail, the formalities surrounding the project. “There will be the opportunity for other natural gas consumers such as independent power producers, factories, …

Marenica Energy will test its proprietary U-pgrade process technology on uranium ore samples from Deep Yellow Limited’s Tumas project. Tumas is located in the same region as the Marenica project and shares many similar metallurgical properties. The test-work will be undertaken as part of a Services Agreement and Statement of …

Rössing Uranium Namibia is not backing down from its intention to construct its own desalination plant and recently lodged an appeal with the Environmental Commissioner, according to Rössing spokesperson, Botha Ellis. Responding to enquiries by the media, Ellis in a written statement said that, “as a result of the rejection, …

The diamond industry must take action and tackle synthetic diamonds as was done with illicit diamonds through the Kimberly Process, Zimbabwe’s minister of mines and mining development Walter Chidakwa said recently. Chidakwa told a diamond conference in Windhoek that if African countries, which he said produce 65% of natural diamonds, …

The Namibian Uranium Association (NUA) is an independent association representing the interests of all operating uranium mines, most of the uranium exploration companies and contractors associated with the industry. It is governed by a board of trustees. The purpose of the association is to promote the development of an efficient …

Mines and energy minister Obeth Kandjoze last week appointed Chris Nghaamwa as the new chaiperson of Namdeb Holdings. Nghaamwa and six other newly appointed board members of Namdeb Holdings will serve on the board between 17 November 2015 and 16 November 2019. The other board members are Michael Humavindu, Kathleen !Naruses, …

The Namibia Statistics Agency (NSA) released its gross domestic product (GDP) report for Quarter 3 of 2015. Real economic growth slowed to just 3.5% year-on-year during the period from an upwardly revised estimate of 6% year-on-year for the second quarter the GDP numbers showed. Commenting on the results, analysts PSG …

Copper, the commodity, is fondly known by economists, market analysts, traders and investors alike as doctor copper. It is the one commodity that is ubiquitous in its use, and pervasive in its manifold industrial applications from heavy industry to sophisticated electronics. Copper reflects the well-being of any industrialised economy. In …