News

The lawyer representing the fishing organisations that are suing to stop seabed phosphate mining said he is optimistic that they will win their court case. Lawyer Sisa Namandje made these remarks to The Namibian yesterday when asked about his reaction to a recent court judgement which concluded that the decision …

International diamond group De Beers has reported total production increased by 15 percent to 8,5 million carats during the first quarter of this year. This rise in output was largely credited to the ramp-up in production at the Gahcho Kué project in Canada, and greater production at the Orapa operation …

Namibia Rare Earths Inc. has contracted SkyTEM Surveys ApS (SkyTEM) to carry out a detailed airborne electromagnetic and magnetic survey covering all the previously identified cobalt targets on its Kunene Cobalt-Copper Project in northern Namibia. According to the company, the survey will cover over 600 km2 and comprises 3,700 line …

Australian company Celsius Resources focused on the evaluation of the Opuwo Cobalt Project has completed a bookbuild for the issue of approximately 48.6 million shares to raise AUD$ 9 million, at an issue price of 18.5 cents per share. According to the announcement the funds raised by the placement will …

It is not generally known that Namdeb’s onshore mining licences include certain inshore extensions, but these previously untapped areas are now the focus of a pre-feasibility to estimate the cost versus recovery potential in these licensed alcoves. For over twenty years, Namdeb’s investment and growth have been hampered by the …

The Minister of Mines and Energy, Tom Alweendo earlier this week said there is need of strengthening the value chain management in the country’s mining sector. “It is a fact that the mining sector will play an even bigger role in our socio-economic development when we strengthen the value chain …

Nearly 17 000 people were employed by the mining sector in 2017, Chamber of Mines of Namibia chief executive officer Veston Malango said on Wednesday. He was speaking at the 2018 mining expo where he said of the 16 905 people employed in the sector, 9 643 were permanently employed, …

NEDBANK Namibia expressed willingness to finance the mining and resources sector, during the Namibian mining expo held in Windhoek recently. The corporate and investment banking mining and resources finance team shared insight on how the Namibian mining sector can position itself in the global context of direct foreign investments and …

South African equipments sales company Instrotech has on offer Kobold’s DTE series of digital temperature gauges. According to the company,  the  DTE series offers a wide range of industrial and analytical possibilities for applications where high accuracy and clear indication is required, and where alarm control and displayed messaging is …

De Beers’ rough diamond production for the first quarter of 2018 increased 15 percent to 8.5 million carats, reflecting the ramp-up of production from Gahcho Kué in Canada, which reached nameplate capacity in Q2 2017, and increased production from Orapa in Botswana in response to the sustained healthy trading conditions. …