News

International diamond giant De Beers Group has announced nine regional finalists in this year’s Shining Light Awards. The award recognises emerging jewellery designers in Botswana, Namibia and South Africa, providing a valuable platform to build their careers in the jewellery design industry. The finalists, three from each country, were selected …

Montero has confirmed the presence of the soft silver-white metal in central Namibia. “Our first channel sampling programme has confirmed lithium,” Montero Chief Executive Officer Dr Tony Harwood said recently in a statement. The exploration and development company says demand for lithium, which is used in the rechargable batteries of …

Russia has intentions to strengthen its bilateral relation with Namibia and increase wheat trade between the two countries. “Russia has always been clear in its desire for stronger trade with Namibia but this appears not to have been realised to its full potential. “In May of this year, trade between …

Newly Aim-listed Afritin Mining has set focus on becoming ‘The Africa tin champion’ by bringing its flagship Uis tin project to commercial production. Anthony Viljoen, Afritin Mining Chief Executive Officer said the company aims to build an economic pilot plant to achieve commercial production, [and thereafter will] start incremental upscaling …

Electra Mining Africa has called for more dialogue for stakeholders in the mining industry despite economic challenges the sector face. “Although the mining industry is up against tough challenges and general industry remains under tight economic pressure, there is still a need for trade exhibitions and face-to-face interaction with clients,” …

Namibia Rare Earths has signed an agreement with Gecko Namibia to acquire a controlling interest in a portfolio of seven metals properties. The development will see the company expand its focus from heavy rare earths to include cobalt, copper, zinc, lithium, graphite, tantalum, niobium, nickel, and gold. Through the agreement, …

Vedanta Resources sees further upside for zinc prices as it announced a 37.4% rise in half-year profit. The company, which mines zinc in India, South Africa and Namibia, said earnings before interest, tax, depreciation and amortization rose to $1.69-billion in the six months ended Sept. 30, marginally below analysts’ estimate …

Business Monitor International (BMI) researchers have said uranium mining will be the main engine of growth in the coming quarters. The analyst’s latest Africa Monitor Report indicates that Namibia’s mining sector is seeing robust growth, posting 25.8 percent year-on-year growth in the second quarter of the year, led mainly by …

Thirty-seven former and current mineworkers have tested positive for tuberculosis, this year. Selma Imene-Schutt, Programme Manager of TB in the mining sector at the Development Aid from People to People (Dapp), told The Namibian that 17 000 mineworkers were screened. Imene-Schutt said mineworkers are regarded as being more at risk …

Independent technical consultants – AMEC Foster Wheeler has indicated that Bannerman could save US73million on its capital expenditure for Etango. The project’s first processing optimisation study of the definite feasibility study update, together with extensive confirmatory test-work, maintains Etango’s position at the forefront of the global uranium development pipeline. Etango’s …