News

Africa’s oil and gas sector continues to draw interest from international oil companies (IOCs) through well-structured Production Sharing Contracts (PSCs) and strategic farm-in agreements. Last week, US major Chevron completed a farm-in agreement with Custos Energy for PEL 82 in the Walvis Basin offshore Namibia. Under this transaction, Chevron acquired …

The efficient operation of slurry pumps in the mining industry is critical and pump wear technology is playing an increasingly significant role in monitoring and maintaining pump performance. An innovative solution that is making waves in the industry is the KSB GIW® SLYsight technology. This advanced slurry pump wear monitoring …

Andrada has signed a six-month secured loan agreement with LCA for USD 2.5 million, which the company will use to buy a 100-ton-per-hour tin concentrate production facility. With its three-stage primary crushing and screening circuit, jigging section, and shaking tables, the plant will be able to treat a variety of …

Maintenance costs, which are traditionally grudge expenses for businesses or industrial operations, can be kept to a minimum by ensuring that maintenance crews are properly trained in key aspects of the condition monitoring process. So says Steven Lumley, technical manager at specialist condition monitoring company, WearCheck. ‘The rate at which …

B2Gold in a press release has announced the results of a positive Preliminary Economic Assessment (PEA) for the Antelope deposit at its Otjikoto Mine in Namibia. The report highlights the deposit’s potential to enhance the mine’s lifespan and production capacity, reinforcing B2Gold’s commitment to sustainable and responsible mining in the …

As Impact Oil & Gas, in collaboration with TotalEnergies, QatarEnergy, and NAMCOR, progresses important projects in Blocks 2913B and 2912, Namibia’s offshore oil and gas development is gaining steam. Namibia’s deep-water potential is changing the game for the nation’s energy industry, as evidenced by recent drilling results and continuing development …

Fuel prices are expected to increase in February 2025, forcing Namibians to spend more money after months of comparatively stable conditions. Citing notable under-recoveries in January, the Ministry of Mines and Energy has announced price increases for all fuel kinds. According to the Ministry, the following under-recoveries were observed; Petrol: …

With less than three months to go, momentum is building for the Namibia International Energy Conference 2025 (NIEC). Slated to take place from 23rd to the 25th April 2025, under the theme ‘Leading the Way: Becoming an Energy Hub with In-Country Value’. Now in its 7th edition, NIEC is the most …

By RALF HENNECKE* Even closer collaboration within Africa’s mining ecosystem will be required if the sector is to meet its ambitious environmental, social and governance (ESG) targets for 2030. With the Mining Indaba’s focus on future-proofing the sector, ESG remains a primary focus. Achieving these targets is not made any …

A high-powered interactive workshop at Investing In African Mining Indaba proposed a range of solutions for commodity-rich African countries to work with the automotive sector to re-think industrial policy around critical minerals. In the emerging energy transition era, the convergence of the mining and automotive sectors is set to shape …