News

Authorities in the mines and energy ministry have endorsed Energy Invest: Namibia 2023, the investment report for Namibia’s gas, petroleum, power and mining sectors. Produced by Energy Capital & Power, the publication will serve as a comprehensive investment guide to Namibia’s resource and energy potential through first-hand analysis, quantitative research …

Mining CEOs and their executives are being deliberate with digital transformation Since 2021, mining CEOs have focused on innovation rather than top-down initiative-based approaches to digital transformation. We’re now seeing digital and 4IR as de facto parts of mining, instead of having to prove its value through top-down initiatives. According …

The energy transition can be a source of angst for oil and gas producers, but it doesn’t have to be a cause for concern – at least not in every context. In fact, when it comes to powering oil and gas production assets  which are typically reliant on diesel power …

Driven predominantly by the significant boost in diamond production, Namibia’s mining sector continued to expand in 2022, posting a growth rate of 21.6 percent. This is according to Namibia’s Chamber of Mines Annual Review for 2022 released recently. In addition to the strong economic performance of mining, the report says there …

Anglo-American reported that its first-quarter production increased by 9% compared to the same period in 2022, driven by the ramp-up of copper production from the new Quellaveco mine in Peru. Copper production increased by 28%, reflecting the ramp-up of production from the Quellaveco mine, while production from operations in Chile …

Wits Mining Institute director, Professor Glen Nwaila has allayed fears that South Africa’s mining industry is hitting a plunge. “Despite the global economic challenges, South Africa has become more attractive to investors due to the surge in demand for raw materials, as witnessed by the eight-fold increase in South Africa’s …

Upstream mining and exploration company Madison Metals and an arm’s length vendor have mutually agreed to extend the closing of the Khan project agreement covering mining licence (ML) 86A and exclusive prospecting licence (EPL) 8905 in Namibia. ML 86A and EPL 8905 are said to be key strategic licences to …

Placing a spotlight on Namibia’s energy sector while enhancing collaboration, knowledge, and investment linkages to drive Africa’s energy landscape as a catalyst for socioeconomic development, the fifth edition of the Namibia International Energy Conference (NIEC) kicked off on 26 April with a welcome address by the Managing Director of the …

The South African delegation at the World Economic Forum,recently, affirmed that the country is ready to partner with the local and global community to boost investment opportunities that will yield economic development. But the country faces a worsening energy and logistics crisis — resources critical for creating economic development, jobs …

Canada-based gold miner B2Gold has commenced the process to close its Otjikoto gold mine in Namibia due to depleted resources. Commissioned in March 2015, the Otjikoto open-pit mine produced 161,614oz of gold in 2022. The company was cited by the news agency as saying: “B2Gold Namibia has commenced with the …