Namibian Minister of Finance, Iipumbu Shiimi, recently said the government will soon announce a second package aimed at stimulating medium to long-term economic recovery. said recently. The president will announce this lifeline in the coming months, Shiimi said. All eyes are on treasury, however, to see which stimulus tools they …
Read More »Phosphate mining Namibia’s economy hopeful, says NMP
Namibia Marine Phosphates, with its proposed Sandpiper marine phosphate mining project, believe that development of phosphate mining will position the country as an exporter of phosphate and fertiliser products. The move is set to bolster the country’s agricultural activity, as currently, much of the fertiliser consumed in Namibia is imported. …
Read More »AfriTin resume full activity, targets 50% phase one lift in production
CEO of AfriTin, Anthony Viljoen, has revealed that the company is no longer affected by lockdowns and will, therefore, resume full activity. There had been interruptions, however. “We have not been immune to the disruptions caused by the lockdowns and have experienced delays in the supply chain from Namibia and …
Read More »How will multinational mining companies respond to investors’ growing focus on environmental, social and governance (ESG) issues?
Despite the short-to-midterm challenges of the global pandemic, the biggest challenge for multinational mining companies over the next decade will be responding to investors’ growing focus on environmental, social and governance (ESG) issues. As a focal point of how seriously the extractives industries are now taking ESG investing, over the …
Read More »Mining sector’s evolution is in tandem with global demand for increased responsibility and sustainability.
The expectations and priorities of a modern-day investor in the mining sector have significantly changed in line with global demand for more responsible and sustainable extraction of mineral resources. ESG, referring to the performance of investment portfolios against Environmental, Social and Governance (ESG) standards, has firmly established itself across the …
Read More »We Need a Cohesive Strategy and Coordinated Approach for SMEs to grow post COVID-19
The announcement of a prolonged shut-down across many major African countries as a measure to contain the spread of COVID-19 could have dramatic negative effects on the economy of the entire continent. Africa’s GDP is largely driven by Small and Medium Enterprises (SMEs) and the informal sector that accounts for …
Read More »New analysis software for automotive ethernet testing
PicoTechnology has released a new BroadR-Reach decoder/analyzer package that simplifies Automotive Ethernet integration testing and debugging. Locally represented by COMTEST the package includes a novel non-intrusive software directional coupler to separate up- and downstream traffic on full-duplex communication lines. BroadR-Reach allows multiple in-vehicle systems to simultaneously access information over single …
Read More »Aukam graphite gets production green light
Authorities at the mines and energy ministry have issued mining licence to Toronto based company Gratomic for the company’s Aukam graphite property located 120 miles from the Port of Luderitz. The licence covers base and rare metals, industrial minerals, and precious metals and falls within the proximity of the Aukam …
Read More »Goldfields innovation protects underground mine access
World-leading autonomous solutions specialist RCT has fulfilled requests from mining clients and devised a unique warning system designed to prevent oversized equipment from getting stuck inside underground mining portals. Staff from RCT’s branch in Kalgoorlie, Western Australia were separately approached by two major mining clients in the Goldfields and asked …
Read More »Namibia Critical Metals reaches agreement with stakeholders
Namibia Critical Metals Inc. (“Namibia Critical Metals” or the “Company”) (TSXV: NMI) announced it has reached agreements (“Debt Settlement Agreements”) with certain senior management and directors to fully settle an aggregate of $377,103 of unpaid compensation with the issuance of common shares in the Company. Pursuant to the Debt Settlement …
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