News

In a thrilling development, Namibia Critical Metals Inc. (NCMI) has announced a groundbreaking discovery during its infill resource drilling campaign at the “Lofdal 2B-4” heavy rare earth project in Namibia. This exciting revelation promises significant implications for the future of rare earth mining in the region. The infill drilling campaign, …

GATE TO ENERGY The Westgate shopping centre is one of many projects being implemented by SolarSaver with the investment assistance of Bravura Having realised the potential of solar energy, independent investment and advisory firm Bravura aims to implement additional in-house capabilities to further develop and promote energy projects. “The decision …

Researchers at the University of Cape Town (UCT) are leading a concept study aimed at developing a mini-scale, environment-friendly process to extract pure zinc from polymetallic South African ore concentrates. Spearheaded by UCT Department of Chemical Engineering Professor Jochen Petersen, the study seeks to address several critical challenges faced by …

TSX-V-listed Deep-South Resources has closed the first tranche, for an amount of $265 447, of a recently announced nonbrokered private placement. The private placement is nearly fully subscribed, and the second tranche will close on or about September 20. The proceeds of the private placement will be used for further …

African technology metals mining company Andrada Mining is in the process of requesting the drawdown of a N$100-million, or about $5.8-million, facility from the Development Bank of Namibia (DBN). This follows DBN’s confirmation that all conditions have been fulfilled or waived and that financial close has occurred. Andrada expects the …

Vedanta Resources is considering appointing former Gold Fields boss and Anglo American executive Chris Griffith as head of its African base metals business, according to people familiar with the matter. Indian billionaire Anil Agarwal’s Vedanta owns zinc mines in South Africa and neighboring Namibia, which will form the base-metals portfolio …

By Glen-Nora Tjipura In a vibrant showcase of innovation, collaboration, and the immense potential of Namibia’s mining sector, the Namibia Mining Expo 2023 took center stage on August 30-31. The event, held at the heart of Windhoek at the Windhoek show grounds, brought together industry leaders, government officials, investors, and …

Uranium exploration and development company Madison Minerals CEO Duane Parnham believes the Namibian Ministry of Mines and Energy’s (MME’s) recent approval for the transfer of two exclusive prospecting licences (EPLs) proves that fears surrounding the nationalisation of the country’s mining and exploration assets are unfounded. On June 6, the Namibian …

Canada’s Deep-South Resources (TSX-V: DSM) can finally resume work at its Haib copper project in Namibia as the country’s government has renewed the miner’s prospecting license for two years. The awaited permit follows a long-dragged court battle with the country’s mining and energy ministry, which in 2021 declined to re-issue …

Africa Energy Indaba has been hosting riveting discussions covering the deployment of renewable energy innovations to bridge continental energy gaps. Rapid advancements related to technology have certainly rendered life easier than ever before. However, such progression is driven by energy and many regions in the world are quickly running low …