Friday , April 12 2024

Gold

Kwatani has long history and strong footprint in Namibia, says CEO

Kim Schoepflin, CEO of Kwatani, says her company has a long history in Namibia and a strong footprint across various commodities there – including an established presence at this gold mine. It has worked with the engineering, procurement and construction contractor and the end-customer for two to three years on …

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Osino announce high-grade gold intercepts at Twin Hills

Situated about 150 KM from Windhoek, the Osino Resources Twin hills project, is making significant strides. The company recently released an update, in the last quarter of the year, on the ongoing infill drill program, unveiling remarkable results that suggest the presence of high-grade gold mineralization and best hole drill …

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B2Gold planning to end the Otjikoto open-pit mine’s economically viable operations in 2031

Canada-based gold miner B2Gold has commenced the process to close its Otjikoto gold mine in Namibia due to depleted resources. Commissioned in March 2015, the Otjikoto open-pit mine produced 161,614oz of gold in 2022. The company was cited by the news agency as saying: “B2Gold Namibia has commenced with the …

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New frontiers for solid mineral, oil and gas

As the economy shifts out of the COVID-19 pandemic’s negative yokes, new frontiers for the country’s solid minerals, oil and gas are on the horizon. This year’s Mining Expo and Conference coming after a two-year hiatus due to the pandemic attracted a huge turnout, casting positive vibes for the organisers, …

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Corp B2Gold working to ensure success of Namibia’s first underground gold mine

Byrnecut’s newest offshore contract for Canadian-owned Corp B2Gold has recently begun mobilization. The contract is for the new high-grade Wolfshag Underground Mine at the Otjikoto operation, which is around 320 kilometres north of Namibia’s capital, Windhoek. Wolfshag is Byrnecut’s first mining contract in Namibia. The team includes 34 experienced expatriate …

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Namibia’s new era of hydrocarbon exploration and production

The African Energy Chamber sat with Ian Cloke, COO Afentra to discuss the enormous potential of what could engineer Namibia’s new era of hydrocarbon exploration and production for the country As Namibia’s second important discovery in recent weeks, Namibia’s oil and gas industry is set to create an influx of …

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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 …

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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 …

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A hunch turns into largest gold discovery for Osino Resources

Osino Resources, a Toronto-listed mining company, has just released a preliminary economic assessment (PEA) for its Twin Hills gold discovery in Namibia, and it’s a beauty. What began as a near-hunch for CEO Heye Daun and his team has grown into the largest gold discovery in southern Africa in recent …

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B2Gold explains the decrease in production forecast for 2021

B2Gold has revealed that its decrease in 2021’s production forecast is attributable to lower expected production from Fekola in 2021 (as Phase 5 and 6 of the Fekola Pit are developed in the first half of 2021), partially offset by an expected overall 16% increase in production from Otjikoto. The …

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