Wednesday , July 9 2025

News

Namibia’s GDP Growth Moderates in Q1 2025 Amid Sectoral Challenges.

Namibia’s economy expanded by 2.7% year-on-year in the first quarter of 2025, marking the 16th consecutive quarter of growth, though at a slower pace compared to the 4.8% growth recorded in the same period last year. While the primary and secondary sectors faced challenges, the mining industry showed resilience, with …

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Namibian Mining Sector Shines: Uranium and Gold Power Economic Growth Amidst Diamond Downturn

Namibia’s mining sector continues to be a driving force behind the nation’s economic resilience, with uranium and gold emerging as pivotal contributors to growth despite challenges in the diamond industry. The latest update from the Chamber of Mines for June highlights a robust performance, underpinning confidence in the country’s rich …

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Metso Secures Major Equipment Deal for Twin Hills Gold Project

Osino Resources Corp., a prominent exploration and development company in Namibia, has awarded Metso a significant contract to supply key process equipment for the Twin Hills gold project, located approximately 150 kilometres northwest of Windhoek, the capital city. The order, valued at over EUR 20 million, has been recorded in …

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Recognising water risk in mining due diligence

Water-related risks can easily be underestimated in a due diligence study of a mining operation, with pollution and flooding being among the many aspects that prospective investors or lenders need to consider. “In most mining transactions, the issue of water generally presents a significant risk to investors,” said Peter Shepherd, …

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ADP’s Evolution to Lycopodium

ADP is a long-standing and highly respected business that has operated across Africa for almost three decades. In June 2025, the decision was made to rebrand ADP’s operating entities, including ADP Holdings, ADP Marine & Modular, ADP Namibia, ADP Kukama, ADP Mozambique and Kholo Marine and Minerals, to Lycopodium. Lycopodium …

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Namibia Sends Off First Export Under African Continental Free Trade Area

Namibia on Monday 30th of June, officially launched its first export consignment under the African Continental Free Trade Area at Walvis Bay, marking a historic milestone in the country’s trade and economic integration journey. The launch signifies Namibia’s formal entry into trade under the AfCFTA framework, a flagship African Union …

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Namibia Digs Deep: President Nandi-Ndaitwah Pledges Greater Female Inclusion in Mining

Namibia is set to broaden the scope of its gender empowerment initiatives, with President Netumbo Nandi-Ndaitwah announcing a concerted effort to increase female participation in the nation’s lucrative mining sector. This commitment follows earlier pledges to bridge the gender gap across agriculture, politics, technology, tourism, and renewable energy. Speaking at …

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MiningForum 2026 spotlight challenges, opportunities in mining

Offering opportunities for knowledge exchange over the past 30 years, the MiningFoum remains an important European networking platform for the continent’s mining industry. Slated for the 18th to the 19th of June, the MiningForum 2026, under the theme of ‘Raw Materials Momentum’ will discuss current developments along the entire raw …

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Youth Month Inspires Africa’s Next Generation of Sustainability Leaders with Student Innovation Competition

As South Africa celebrates Youth Month in June 2025, a powerful initiative is underway to empower young minds across the continent. The third annual ESG Africa Student Innovation Competition has officially launched, calling on students to submit bold ideas that tackle Africa’s most urgent sustainability challenges. This pan-African competition is …

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Namibia Advances Green Hydrogen Leadership Ahead of Global Summit

Namibia is strengthening its role as a leader in green hydrogen development as it prepares to host the second Global African Hydrogen Summit (GAH2S 2025) in September. The event builds on the success of last year’s summit, which attracted over 1,500 attendees and secured N$2.08 billion in investment commitments. This …

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