News

I recently attended and presented at the World Bank ‘Gender and Oil, Gas and Mining (OGM): New Frontiers of Progress, Challenges and Solutions’ conference. Surprisingly, given the OGM industry has one of the lowest representations of women (around 10 per cent), this was the first conference of its type ever …

WearCheck’s newest laboratory is officially open in southern Namibia, bringing to 16 the number of laboratories that the company operates in nine countries around Africa and beyond. Situated at Skorpion Zinc mine near Rosh Pinah, the new lab is strategically placed to answer a growing call for world class condition …

Namibia Critical Metals has announced that flight operations have begun for the Combined airborne electromagnetic and magnetic surveys over the Kunene cobalt-copper project have begun. SkyTEM Surveys ApS  carrying out the assessment will  increase the survey from 670 km2 to 720 km2 comprising 4 000 line kilometers at a flight …

Pan-African explorer Oranto Petroleum is farming into two exploration blocks located onshore Zambia, as part of the company’s first investment in the country. “Oranto Petroleum is committed to an aggressive work program to increase the level of prospectivity in one of the world’s last true frontier markets,” said Prince Aurthe …

B2Gold broke ground on the construction of a seven megawatt (MW) photovoltaic (PV) solar power plant at its Otjikoto Mine. Tom Alweendo minister of Mines and Energy said the Otjikoto Solar Farm is yet another significant contribution in the private sector’s drive for sustainable energy solutions. “This solar plant will …

Swakopmund chapter of the Mineworkers Union of Namibia (MUN) has petitioned Langer Heinrich Uranium. The union chapter is disappointment with the company’s decision to put the mine on care and maintenance, a decision expected to affect up to 600 workers. Last month, the miner announced decision to ‘mothball’. Michael Introna, …

Oshikoto has anchored hope on micro- financing to advance economic development and withstanding the headwinds of the country’s dwindling economy. Henock Kankoshi, Oshikoto Governor’s recent State of the Region Address (SORA) highlighted that eight income generating projects in rural areas from different constituencies received a collective funding of N$528 846 …

Trevali has been appointed Gerbrand van Heerden Chief Financial Officer of the Company, effective June 1, 2018. Gerbrand most recently served as Trevali’s Senior Vice President – Business Initiatives and Development. He joined Trevali in 2017 following the Company’s acquisition of the Perkoa and Rosh Pinah mines. Gerbrand is both …

Central bank governor Ipumbu Shiimi says activity in the construction and wholesale sectors are expected to contract further in 2018. Shiimi said these sectors were expected to contract at the ‘rate they contracted for the past two years’. “Unfortunately, the construction and wholesale sectors are still struggling. We expected deep …

Interim figures for De Beers rough diamond sales for cycle four of 2018 showed an increase of US$550 million (N$7 billion). The figures are from Global sightholder sales and auction sales show that the sales value for the third cycle of 2018 stood at US$524 million (N$6,62 billion), slightly lower …