News

Paladin Energy, a uranium firm based in Australia, revealed intentions on Thursday to fund A$215 million to reopen the Langer Heinrich uranium mine in Namibia. The equity offering will consist of a single tranche fully underwritten share placement worth A$200 million and a non-underwritten share purchase plan (SPP) worth up …

Development Bank of Namibia (DBN) and Development Bank of Southern Africa (DBSA) have confirmed a loan of about N$2.6 billion finance for TransNamib. The loan will be used for remanufacturing of rolling stock, acquisition of new rolling stock, modernisation of the TransNamib Workshop, upgrading of signalling equipment, including spares and …

Agriculture, Water, and Land Reform Minister Calle Schlettwein revealed that a feasibility study in central Erongo for a desalination plant, which will produce 70 000 m3 of water per day, has been  completed and a site has been acquired. He said this in an emailed statement recently He also said …

Debmarine Namibia’s annual production will increase by 45 percent thanks to the custom-built vessel. At an inauguration ceremony in Namibia, De Beers unveiled its new diamond recovery vessel. According to the company, the ship, dubbed the “Benguela Gem,” will begin operations this week, ahead of schedule. It’s the newest addition …

SKF recently secured an order for 600 MUDBLOCK cassette seals after these reliable products delivered excellent results during a punishing underground mining field test over a three-month period. SKF was asked by a long-standing customer, who is a leading supplier of braking systems for off-highway, industrial and underground mining equipment …

Delivering energy savings of up to 60% and an increase in Free Air Delivery (FAD) of up to 21%, (compared to fixed-speed models), Atlas Copco’s the new GA 22 – 37 VSDs (Variable Speed Drive) air compressor range is in an efficiency class of its own. Along with its ultra-efficiency, …

“When it comes to ‘safety always’ behaviour, Epiroc’s values are clear – we want to protect what we value most, our people,” says Johnny de Mesquita, Epiroc Regional SHEQ Manager for Southern Africa. “The health and safety of all our employees, our customers and our business partners remain paramount. Our …

The condition monitoring sector is one which is constantly evolving and developing to incorporate innovation and boost efficiency. It is for this reason that ongoing training is essential to keep the maintenance crew at the forefront of technological advancements within the industry. WearCheck’s technical manager, Steven Lumley, who oversees the …

Although the Ministry of Mines and Energy of Namibia refused to grant copper explorer and developer Deep-South Resources a licence for its Haib copper project, the miner claims that additional documents filed as part of the review record provided no evidence to support the Ministry’s decision. This comes after the …

The invasion of Ukraine by Russia triggered a global chain reaction of humanitarian, diplomatic, and economic crises. These aggravated the existing crises, which Covid-19 had exacerbated. The value of nickel skyrocketed as a result of these chain reactions. The price of the precious metal, which is used in the manufacture …