News

AfriTin has announced signing an inaugural offtake agreement with AfriMet Resources AG (“AfriMet”) for its future tantalum production, as well as an extension of its tin concentrate offtake agreement with an existing trading partner, Thailand Smelting and Refining Corporation (“Thaisarco”). AfriTin has concluded an offtake agreement with AfriMet, a strategic African commodity trading company. …

The De Beers Company is on its way towards becoming a carbon-neutral diamond miner and marketer. By 2030, carbon neutrality at its mines in Botswana, Canada, Namibia and South Africa, as well as in its other activities around the diamond pipeline around the world, is expected to be reached by …

The World Bank (WB) estimates, for instance, that production of minerals like graphite, lithium and cobalt could grow by 500 percent in the next three decades to meet demand for clean energy technologies. This comes on the backdrop that mining remains a vital part of a low-carbon future, a fact …

Chamber of Mines of Namibia is urging phosphate mining to begin as they believe that the potential socio-economic benefits that could be unlocked by the marine phosphate industry far outweigh the risk of causing significant environmental damage, which has delayed the development of phosphate projects in Namibia. “The COVID-19 pandemic …

Oslo-listed seismic company SeaBird Exploration is set to expand into seabed mining on the Norwegian continental shelf. The company aims to spin off and separately list its marine minerals business, Green Minerals, during the first quarter of 2021. “Strategically and operationally it makes sense to develop the marine minerals business …

Advanced field services, transformer chemistry testing, reliability solutions – these are some of the extra services offered by condition monitoring specialists, WearCheck, in addition to traditional used oil analysis following recent expansion. The company’s advanced field services (AFS) division incorporates specialist monitoring techniques such as rope testing, technical compliance and …

Authorities at the Ministry of Mines and Energy has opted not to adjust fuel prices, despite the under-recoveries recorded over the past months However, its monthly fuel price review has concluded the need for an upward adjustment in local fuel pump prices due to the unfavorable exchange rate, for the …

The latest official trade statistics show that Namibia has increased its income from non-ferrous metal exports by 25.5 per cent to Belgium, China and Germany in the last quarter. According to the Namibian Statistics Agency (NSA), the Southern African Customs Union (SACU) was the largest import source for Namibia, accounting …

B2Gold has revealed that its decrease in 2021’s production forecast is attributable to lower expected production from Fekola in 2021 (as Phase 5 and 6 of the Fekola Pit are developed in the first half of 2021), partially offset by an expected overall 16% increase in production from Otjikoto. The …

Namibian political scientist and international relations specialist Dr Ndumba Kamwanyah says the recently consummated African Continental Free Trade Area (AfCFTA) would require more than just the signatures of the continent’s 55 political leaders to operate. While the operationalization of the AfCFTA was a historical moment for Africa, Dr Kamwanyah said …