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The event was well-attended with 207 attendees from 25 countries, despite the industry downturn. It was a great opportunity to reconnect with familiar faces and to welcome the 40% who attended an ALTA conference for the first time. We thank all participants for contributing to its success. The 21st annual …

India’s public and private businesses are ready to invest in resource-rich Namibia’s mining sector using environment-friendly processes to back the country’s developmental goals, President Pranab Mukherjee said on Friday. Addressing students of Namibia University of Science and Technology, Mukherjee said Namibia is blessed with rich natural resources and an abundance …

The haul is believed to be one of the most significant archaeological finds ever in Namibia Dieter Noli The wreckage of a 500-year-old Portuguese ship filled with gold coins has been unearthed by miners in a Namibian desert. The haul was discovered by diggers from diamond company De Beers and …

Heavy-duty industrial vacuum systems designer, manufacturer and supplier Hencon Vacuum Technologies is testing a dual-vacuum unit at diamond miner Petra Diamonds’ Cullinan mine, in Gauteng. The Honeydew-based company is conducting tests on its dual-vacuum system in combination with JSE-listed drilling solutions provider Master Drilling’s new horizontal raiseboring machine. “We have …

Consumers who are already facing massive increases in food prices can brace for more shocks as a rise in fuel prices is sure to push up expenses even more. The Ministry of Mines and Energy on Friday confirmed that as of Wednesday, June 01, petrol prices will increase by 60 …

Materials handling equipment solu- tions provider Goscor Lift Truck Company (GLTC) has signed a three-year contract with Windhoek-based equipment and machinery supplier Barex Equipment, appointing the company its new dealer in Namibia. Namibia is home to gem-quality rough diamonds, uranium oxide, special high-grade zinc, gold bullion, blister copper and lead …

Member states of the Southern African Development Community (SADC) plan to commission new power projects that will add 3059 megawatts of electricity this year as the region targets to ensure that it meets its energy needs by 2020. According to the Southern African Power Pool (SAPP), which coordinates the planning, …

THE new diamond sales agreement between De Beers and the government has brought hope to local diamond manufacturers that they will now start receiving enough and good quality diamonds for cutting and polishing. In December last year, the manufacturers appealed to the government to save them from collapse. At the …

There is a direct correlation between the market size of contract mining and the commodities cycle/prices and investment patterns in capital projects Historically, mining was a highly protected industry and had a low propensity for outsourcing, but more operations are being outsourced across Africa, says global consultant and adviser Deloitte. …

Diamond major the De Beers Group of Companies and the Namibian government have signed a new ten-year sales agreement for the sorting, valuing and sales of Namdeb Holdings’ diamonds, representing the longest-ever signed agreement between the two partners. Namdeb Holdings is a 50:50 joint venture (JV) between the Namibian government …