News

Condition monitoring specialist company, WearCheck, celebrated a noteworthy milestone recently when diagnostic manager, John Evans, diagnosed his 3 millionth used oil sample at the company’s Durban laboratory. WearCheck’s scientists analyse used samples of oil and other machinery fluids, like coolants, greases, fuel and more, using high-tech laboratory equipment and techniques …

Bannerman Energy has recently appointed Bruce McFadzean, as a non-executive director. According to the company, McFadzean is a mining engineer with over 40 years of mining and process experience across a broad range of commodities and geographies. In addition, he has extensive exposure to all levels of operations and corporate leadership …

Nairobi, Kenya: African leaders and international partners gathered at COP29 on Tuesday to address the urgent issue of clean cooking, a crisis impacting 1.2 billion people across the continent. The event highlighted the devastating health, environmental, and economic consequences of relying on traditional biomass fuels. “It is unacceptable that women …

Windhoek, Namibia – Koryx, a mineral exploration and development company, has successfully raised an additional N$93 million to fund its flagship Otjihase copper project in Namibia. The company announced that it had closed a private placement of 14.7 million shares at N$6.30 per share. This capital injection will be used …

Diamond mining giant De Beers has announced a reduction in its production forecast for the year, citing persistent weakness in global diamond demand, particularly in China. In its latest operational update, the company revealed that it would be adjusting its production plans to align with the subdued market conditions. While …

Lüderitz, Namibia – A new chapter in Namibia’s diamond mining history unfolded today as the Adamastor, a state-of-the-art offshore diamond mining vessel, arrived at Lüderitz harbour. Owned by a consortium led by Paragon Investment Holdings through its subsidiary, Edgehill Resources, alongside Epia Investments and Lazare Kaplan International Inc, the vessel …

 A flurry of exploration activity is set to kick off in Namibia’s offshore waters, with the arrival of the drilling rig Santorini signalling the start of a new wave of oil exploration. The Saipem-owned rig, en route to the Mopane field, owned by Portuguese energy giant Galp Energia, is the …

In a recent announcement, the rebranding of Omnia Holdings’ Protea Mining Chemicals (PMC) under the Mining segment, BME, was shared. This strategic move consolidates the global mining offering under a unified brand, providing a comprehensive range of solutions that span from mining to metal processing. The rebrand aims to more …

Namibia Energy Corporation (NEC) has strengthened its presence in Africa’s energy sector by joining African Energy Week (AEW) 2024 as a silver sponsor. This move highlights NEC’s commitment to driving growth in Namibia’s oil, gas, and renewable energy industries. The event, held in Cape Town, offers NEC an opportunity to …

For the fourth consecutive month global smelting activity increased in September according to Earth-i’s SAVANT Global Copper Monitoring Index, with average smelter inactivity falling by a full percentage point m/m to 14.2%. This monthly decline contributed to smelters being 1.6% more active on average in Q3 2024 than the same …