While giving one of the most bullish forecasts yet for copper, a leading metals trader said copper could surge above a record to $12 000 a ton in 18 months on new demand from green initiatives. The bellwether material has already doubled since a nadir in March to reach a …
Read More »Lepidico’s Namibia project set to receive US financing
Lepidico, an ASX-listed company, has entered into a formal mandate with the US International Development Finance Corporation (DFC) to carry out a thorough analysis and evaluation of the Phase 1 Karibibib project in Namibia to determine whether the project is eligible for DFC funding. Detailed due diligence will be performed …
Read More »Debmarine’s New Mining Vessel set to be commissioned in 2021
The new vessel, which is the most advanced marine diamond recovery vessel ever, is expected to be commissioned in 2021 and is expected to create more than 161 new jobs alongside Debmarine Namibia’s current workforce of 975 employees. The company has started to mobilise and train its permanent employees well …
Read More »Namibia plans to solve housing problem by giving land to mining companies
ERONGO governor Neville Andre believes that giving land to mining companies could lead to the alleviation the problem of squatting in the Erongo region, which is increasing at an alarming rate. Andre has urged local authorities to make land available to large mining companies, at favourable rates, for the companies to …
Read More »B2Gold Contributes to COVID-19 Relief Efforts in Namibia
B2Gold has availed a contribution of US$2 million to assist the Namibian government’s COVID-19 relief program. This represents one of the largest private sector contributions to the government’s relief fund. These funds will assist in the purchase of personal protection equipment, food relief packages and hospital equipment (including ventilators) to …
Read More »New MK-42 dump truck from GHH
The Red Dot Jury has made its decision: MK-42 emerged victorious from the Red Dot Product Design Award 2020, and won a Red Dot for its good design quality. This means that GHH is one of the winners in the world’s most renowned design competition. The MK-42 is a 42 …
Read More »B2Gold throw weight behind rhino conservation initiative
Canadian gold miner B2Gold Corp has shown its support for the black rhino conservation initiative in Namibia by donating 1000 oz of gold to support the initiative and the communities that protect them The gold donation is valued at approximately US$1.5 million. B2Gold’s Rhino Gold Bar initiative was recently launched …
Read More »JV kick start work at Lofdal Heavy Rare Earths
Namibia Critical Metals Inc has announced details of the planned work program for the Lofdal Heavy Rare Earths Project. The development comes after the company entered into an agreement with Japan Oil, Gas and Metals National Corporation (JOGMEC) to jointly explore and develop Lofdal. Authorities at the company plan to …
Read More »Namibia Critical Metals, JOGMEC conclude agreement
Namibia Critical Metals Inc. has signed an agreement with Japan Oil, Gas and Metals National Corporation (JOGMEC) to jointly explore, develop, exploit, refine and distribute mineral products from the company’s Lofdal Heavy Rare Earth Project. The agreement provides JOGMEC with the right to earn a 50 percent interest in the …
Read More »BULK BAG DISCHARGER WITH SAFETY CAGE
A new BULK-OUT™ Model BFF Bulk Bag Discharger features a steel safety cage to prevent contact with moving parts during operation and automated unloading of bulk bags. The enclosure features externally-mounted controls and full height doors with an Intrinsically Safe Relay (ISR) that halts operation when the door is open. …
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