News

The Namibian government recently announced the lifting of a 10-year moratorium on new applications for exploration licences on nuclear fuel minerals. The Ministry of Mines and Energy announced in a statement that it is withdrawing the reservation of any area in Namibia from any prospecting and mining operations in respect …

ASX-listed Bannerman Resources will update the definitive feasibility study (DFS) for its Etango uranium project, in Namibia, following the conclusion of the heap leach demonstration plant programme. “Our two-year commitment to the Etango demonstration plant programme has been a remarkable success. Not only have we consolidated Etango’s position as one …

Junior Auroch Minerals has continued to grow its Karibib lithium project, in Namibia, signing an option and joint venture (JV) agreement over a nearby exploration tenement. The company recently reported that the option and JV agreement, under which it could earn up to a 90% interest in a granted exploration …

Uranium miner Paladin Energy has warned shareholders of a delay in the completion of the sale of a 24% interest in the Langer Heinrich mine, in Namibia, to a Chinese company. The dual-listed firm is selling a 24% interest in Langer Heinrich to CNNC Overseas Uranium Holdings and up to …

Global copper markets will be oversupplied for at least two years, executives at some of the world’s major producers of the metal and traders said recently, casting doubt on the chances of a prolonged rally in prices. That tempered assessment of the market at an industry conference in Shanghai came …

South Africa’s historically successful mining industry has crowded out the search and discovery of potential new mines, leaving in its wake a lack of sufficient exploration investment to seek out new orebodies. South Africa is not investing in its geological potential as much as it should be and risks falling …

Namibia diamond exploration and sampling mining vessel, the SS Nujoma, will leave the Port of Cape Town on Tuesday, embarking on a two-week period of sea trials. The mining vessel has been in the Port of Cape Town since arriving from Norway in August, where it was being outfitted with …

The Ministry of Mines and Energy this week announced that fuel pump prices for November 2016 will remain unchanged. According to the Minister of Mines and Energy, Obeth Kandjoze, the average price per refined barrel of oil in Singapore, Kuwait and Italy, from where Namibia sources petroleum products, were US$61 …

Dundee Precious Metals Tsumeb recently signed a service contract for two years with the Konecranes Cape Town branch, to undertake necessary repairs on their cranes. The immediate repairs include getting the cranes up to standard as soon as possible. This meant refurbishing the old cranes at the Receiving Bay and …

The first Sandvik AutoMine Loading installations were delivered more than 10 years ago and the automation system continues its success story today. More and more mines globally are discovering how Sandvik AutoMine can improve their operations. “This year seems to be a turning point with many new Sandvik AutoMine Loading …