Friday , September 22 2023

Project

Deep-South Resources CEO hails new development in Namibia

Canada’s Deep-South Resources (TSX-V: DSM) can finally resume work at its Haib copper project in Namibia as the country’s government has renewed the miner’s prospecting license for two years. The awaited permit follows a long-dragged court battle with the country’s mining and energy ministry, which in 2021 declined to re-issue …

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Namibia moves a step closer to green revolution

President Hage Geingob’s Cabinet agreed this week to sign a feasibility and implementation agreement (FIA) with Hyphen Hydrogen Energy for a $10-billion project to produce two-million tonnes of green ammonia yearly by 2029. Hyphen, which is a Namibian-registered joint venture between Nicholas Holdings Limited and Enertrag, was awarded preferred-bidder status …

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Powering oil and gas production through the energy transition: a four-step guide

The energy transition can be a source of angst for oil and gas producers, but it doesn’t have to be a cause for concern – at least not in every context. In fact, when it comes to powering oil and gas production assets  which are typically reliant on diesel power …

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JOGMEC pumps more funds into Lofdal

Namibia Critical Metals’ partner JOGMEC has committed an additional C$300,000 to the ongoing Lofdal joint venture exploration program. JOGMEC has approved expenditures totalling C$10,375,000 through to May 31, 2023, which satisfies the Term 2 Expenditure requirement of C$10 million to earn 40% interest in the Lofdal Project. According to Namibia …

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Omico appoints new project engineer for Omitiomire

Namibian copper exploration and development company Omico Mining has appointed a new project engineer, Mathys du Preez for its Omitiomire copper project in central Namibia. He is expected to bring his practical experience to the management team at Omico covering project design, execution, operations and maintenance. Du Preez is an …

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US signs MoU with DRC and Zambia for Cobalt and Copper Mining and Processing for Electric Vehicle batteries

The United States of America’s Department of State released a signed Memorandum of Understanding (MoU) with the Democratic Republic of Congo (DRC) and Zambia on electric vehicle battery value chains. The document was signed on 13 December 2022, during the Africa Leaders Summit and states DRC and Zambia’s involvement in …

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Electra Mining Africa 2022 roars back into life

Electra Mining Africa, the continent’s biggest exhibition, is back after a two year hiatus due to restrictions. As exhibitions and events are now re-opening globally, Electra Mining Africa will be going ahead as a live in-person event this year. This comes on the backdrop of several other exhibitions, having taken …

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DBSA and DBN fast-track TransNamib with N$2.6 billion

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 …

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Renewed hope for renewables-powered hydrogen project in Africa

According to solar trade body the Africa Solar Industry Association (AFSIA), Plans for a huge renewables-powered green hydrogen project in Botswana and Namibia have been expanded fourfold, from 1GW of generation capacity to 5GW. The project, in Southern Africa, was among the examples cited by the trade body as evidence …

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Namibia exports increase to N$5.4 billion, Mining accounts for 70 per cent

Namibia Statistics Agency’s most recent trade statistics has revealed that mining production across various commodities boosted exports significantly in June 2021, with exports increasing by 14.1 per cent to N$8.6 billion, up from N$5.4 billion the previous month. According to the Statistics Agency, key commodities accounted for just over 70% …

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