Namibia’s ambitions of riding the rising tide of the global uranium market might be dampened by a familiar foe – water. The Bank of Namibia (BoN) has cast a shadow over the industry’s jubilant growth, predicting a significant slowdown in 2024 due to water supply constraints. This comes as a …
Read More »Namibia’s Diamond Sparkle Fades Amidst Global Gloom
Namibia’s diamond industry, once a glittering jewel in the country’s economic crown, is facing a period of turbulence. A slowdown in global demand, coupled with potential new regulations, threatens to cast a shadow over the sector. Minister of Mines and Energy, Tom Alweendo, painted a sobering picture during his recent …
Read More »OAR Makes a Power Play in Namibia, Expanding Uranium Footprint
Johannesburg – In a move that strengthens their position as a key uranium player, Oar Resources Limited (OAR) announced this week that they have secured a foothold in Namibia, a country synonymous with large-scale uranium production. This expansion marks a significant step for OAR, venturing beyond their current projects and …
Read More »LIFECYCLE APPROACH WITH OEM PARTS FOR SUSTAINABLE PUMPING SOLUTIONS
Capital equipment like pumps operate only as well as their components and wear parts allow, so it makes little sense to risk this performance by installing a replicated part. “Mining and other industrial applications rely heavily on continuous operations to reach the productivity levels that make them profitable,” says Marnus …
Read More »New senior regional appointment to Nissan Africa leadership-Updated
Jordi Vila, currently Nissan Divisional Vice President Marketing and Sales Europe is appointed as President Nissan Africa, as DVP. Joni Paiva, currently Nissan Africa President & India Sales & Marketing DVP will return to the Renault group. Vila is a 30-year Nissan veteran with extensive experience sales and marketing in …
Read More »Rich rewards result from investing in WearCheck’s training
Rich rewards result from investing in WearCheck’s training Ensuring that condition monitoring customers whose maintenance staff undergo ongoing technical skills training earn significant returns from their investment into the training courses, is a priority for condition monitoring specialist company, WearCheck. Maintenance crew members can choose from more than 15 courses …
Read More »Namibia’s Green Dream Gets a German Hand: $10 Billion Hyphen Project Receives Major Boost
Namibia’s ambitious plan to become a green hydrogen powerhouse received a significant shot in the arm this week with a major boost from Germany. The €9 billion (approximately $10 billion) Hyphen development project, envisioned as the country’s first gigawatt-scale green hydrogen initiative, has secured crucial backing from the German government. …
Read More »Namibia Seeks Clear Skies: Supportive Legislation Needed for Hydrogen, Mining Boom
Namibia, a nation rich in natural resources, is setting its sights on a future fueled by green hydrogen. However, industry experts warn that the absence of dedicated hydrogen legislation could stall this ambitious goal. “Understanding and adapting to Namibia’s approach to hydrogen and mining will be crucial for investors,” says …
Read More »Project finance clinched for 520 MW South African wind, solar projects – Anglo
Johannesburg- and London-listed diversified mining and marketing company Anglo American announced on Thursday that jointly owned renewable energy venture with EDF Renewables, Envusa Energy, has completed the project financing for its first three wind and solar projects in South Africa. The terms and structure of this non-recourse project financing are …
Read More »Kibali, DRC partner to promote local content
Africa’s largest gold mine, Kibali, and the Autorite de Regulation de la Sous-Traisance dans le Secteur Prive (ARSP), the body which oversees the DRC’s sub-contracting sector, have agreed to collaborate on a range of local content initiatives. The partnership has been designed to increase the mine’s already extensive use of …
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