By NJ Ayuk, Executive Chairman, African Energy Chamber The report says investment in African upstream activities will wrap up 2022 at about $33 billion, then grow as much as $15 billion more over the period 2023-2025 compared to year-end 2021 estimates When TotalEnergies and Shell separately announced “significant” discoveries …
Read More »EU’s pursuit of alternative energy sources lands in Namibia
Ahead of COP27, Namibian and European Union officials say they have reached an agreement for Namibia to export rare earth materials to the EU. According to Erasmus Shivolo, commissioner of mines at Namibia’s Ministry of Mines and Energy, the EU is interested in developing the mining of minerals like lithium, …
Read More »Forsys Metals submit application for mining licence to develop its Namibplaas uranium deposit
Canadian mining company, Forsys Metals has applied for a second mining permit in Namibia to expand its uranium mining activities in the country. The company in a recent statement said it has applied to the Ministry of Mines and Energy for a 25-year mining licence to develop its Namibplaas uranium …
Read More »Minister of Mines distance self from corruption accusations
“This is malicious slander against my person. Throughout my professional career, I promoted good governance and spoke out against corruption; that hasn’t changed,” Alweendo said this week. Many will agree that he has spoken out against corruption and in favour of good governance. Nonetheless, the minister has a lot to …
Read More »Electra Mining Botswana will not be going ahead in 2023
Specialised Exhibitions, a division of the Montgomery Group, has announced that Electra Mining Botswana will not be going ahead in 2023. A strategic review of the local Botswana mining and industrial show and the broader vision that Specialised Exhibitions has for the expansion of Electra Mining Africa has led the …
Read More »Gratomic provides Aukam Graphite Mine update
Gratomic Inc. provides its fifth progress update on the bench-mining program at its Aukam Graphite Project in Namibia, further to the press release dated September 21, 2022. The benching process typically involves successively cutting berms alongside the mountain edge in order to steadily expose underground material, at the same time …
Read More »Supportive regulatory environment improving Namibia’s mining sector outlook
“We have identified Namibia as a key growth market within sub-Saharan Africa in the medium term, primarily due to an overall improvement in the outlook for the mining sector thanks to stronger commodity prices, rapid advancements in technology-driven innovation, and a more supportive local regulatory environment,” explains Robert Makunike, Country …
Read More »The first and only CAT IV instructor in Africa is from WearCheck
Condition monitoring specialist company, WearCheck, is proud to announce that its Asset Reliability Care (ARC) division officially has Africa’s first and only CAT IV instructor, after technical and training manager, Louis Peacock, passed his final exam with flying colours. CAT certification is achieved through the Mobius Institute, a worldwide provider …
Read More »Cat latest mining truck hits market
New Cat® 789 Mining Truck builds on a legacy of proven performance to offer efficiency gains, the next generation of cab comfort and cutting-edge connectivity. According to the manufacturer, the truck offers a weight advantage over the competition to haul more material every load and deliver a cost-per-ton advantage. And …
Read More »Madison Metals to acquire uranium stake in Erongo
Canadian green energy resource company Madison Metals has announced intentions to acquire a 23 percent interest in Mining Licence 121 (ML121) located in the renowned Erongo Uranium Province. The new acquisition will be an addition to the company’s already existing exclusive prospecting license 7011 (EPL-7011). “ML121 and EPL-7011 are neighbours …
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