News

As Anglo offloads De Beers, African governments face an uncomfortable question: Is owning a piece of a declining industry actually a prize? When your deputy prime minister opens negotiations by saying “to be honest, the diamond industry is going down,” you’re probably not dealing from a position of desperate enthusiasm. …

Bannerman Energy construction activities at Etango Uranium Project are in line with budget and schedule. According to the company, detailed design work on Etango process plant progressing in line with schedule, with dry plant engineering are now approximately 86 percent complete. In addition, the factory acceptance test of High-Pressure Grinding …

Namibia’s mining sector is laying the groundwork for significant future expansion, fueled by a rich and diverse mineral base that has historically provided resilience against global economic volatility, according to Frank Gschwender, business development manager at Transworld Cargo. The nation’s deposits span from diamonds, gold, and uranium to zinc, fluor …

Revised acquisition terms will see Kalahari Copper Limited’s Namibian assets included in a deal first announced in July, broadening the scope of Oscillate PLC’s purchase beyond Botswana. Under the new non-binding Heads of Terms, Oscillate is set to acquire both the Botswanan and Namibian portfolios, significantly expanding its presence across …

In a major boost for growth, Rosh Pinah Zinc (RPZ) has secured a US$150 million debt facility underwritten by Standard Bank, ensuring full funding for the company’s ambitious RP2.0 expansion project. The financing marks a pivotal step in RPZ’s transformation journey, setting the stage to nearly double its zinc production …

Canadian gold producer B2Gold is strengthening its African portfolio as it targets 970,000 to 1,075,000 ounces of gold in 2025, with the majority of production coming from its mines in Mali and Namibia. The company will spotlight these operations at the upcoming African Mining Week (AMW), scheduled for 1–3 October …

Trigon Metals Inc. secured a crucial regulatory approval to sell its stake in the Kombat Mine in Namibia, bringing it closer to completing a deal that could restart operations at the copper and silver asset. The Namibian Competition Commission granted its approval for the transaction with Horizon Corporation on September …

Antioxidants is the next area of focus in the continuing discussion about oil additives, with condition monitoring specialist company, WearCheck.   What are they? Zinc dithiophosphates, hindered phenols, aromatic amines, sulphurised phenols. What do they do? Retard oxidative decomposition. How do they do it? Decompose peroxides and terminate free-radical reactions. …

Ongoing oil exploration and appraisal activities have propelled the country’s net foreign direct investment (FDI) to N$13.9 billion in the first quarter of 2025, according to the Bank of Namibia. The surge represents a 28.8 percent increase from the previous quarter and a 14.5 percent rise year on year, underscoring …

WearCheck, Africa’s premier condition‑monitoring specialist, is pleased to announce the official launch of the website for Lubrigard, its dedicated lubricant‑management division. Built in collaboration with WearCheck, the Lubrigard platform clearly demonstrates the company’s commitment to Lubricant‑Enabled Reliability (LER) – the principle that maintaining lubricants in peak condition promotes optimal asset …