News

Glencore is now the world’s most valuable mining brand from its runner-up position in 2022, having swapped places with BHP, according to Brand Finance’s Mining, Metals & Minerals 50 2023 report which ranks the world’s top 50 most valuable and strongest brands in the mining industry. In terms of brand …

The Minister of Mines and Energy, Tom Alweendo believes that it is through the exploitation of its raw materials that Namibia has a clear window of opportunity to transform the economy and effectively address the triple social ills of unemployment, poverty, and inequality. He said currently, Namibia’s biggest socio-economic challenge …

Torsa Global has revealed that it is in the process of establishing a Johannesburg-based office to service the mining industries of the Central African Copperbelt, Botswana, and Mozambique. The company is also looking to expand its services to Morocco. Speaking on the sidelines of the Investing in Africa Mining Indaba, …

A court in Namibia is hearing an appeal by the local branch of Russia’s state-owned atomic energy agency, Rosatom, which is seeking water permits needed for uranium mining. The government of Namibia, the world’s second-biggest nuclear fuel producer, said last year that a mining company owned by Rosatom had failed …

“For the best return on your money, pour your purse into your head.” These wise words were voiced by the founding father of the US – Benjamin Franklin – in the 18th century, little knowing they would still be highly relevant more than three hundred years later. Condition monitoring specialist …

The National Petroleum Corporation of Namibia (NAMCOR), in partnership with Shell and QatarEnergy on 6 March announced a light oil discovery of oil in the Jonker-1X deep-water exploration well. The Joint Venture group comprises Shell Namibia B.V (45%), QatarEnergy (45%), and NAMCOR (10%). The well was drilled in Block 2913A …

Over one thousand stakeholders from the extractive and energy sectors, will gather for the 2023 EITI (Extractive Industries Transparency Initiative) Global Conference, this year. The Extractive Industries Transparency Initiative is a global standard for the good governance of oil, gas and mineral resources. It seeks to address the key governance …

African-born telco, Paratus Group, has announced that all five of the Group’s Data Centers (DCs)have been awarded ISO 9001 (quality management), ISO 27001 (information security), and PCI-DSS (Payment Card Industry Data Security Standards) certifications and this commitment to compliance is understood to be unequalled on the African continent.  Paratus is Africa’s …

Following the completion of the bankable feasibility study, the Rössing Board of Directors approved the Life of Mine Extension (LoME) with ten years from 2026 to 2036 and the recommended operating model. This was announced by Rössing Uranium Managing Director, Johan Coetzee on 24 February 2023. According to Coetzee, this …

Investing in African Mining Indaba 2023 has delivered a record post-pandemic turnout in attendance, which is testament to the ever-increasing appetite for investing on the continent. The four-day Indaba, held from 6-9 February 2023 in Cape Town, provided delegates with insight into the future of mining, current operational trends and …