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Chamber of Mines of Namibia is urging phosphate mining to begin

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 …

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O&L Nexentury gears up for SADC renewable energy business

International Independent Power Producer (IPP) – O&L Nexentury has appointed Chris Forlee, General Manager and Head of Business Development to spearhead renewable energy development in the Southern Africa bloc. According to the company, Forlee will be responsible for leading and arranging new renewable energy business development in South Africa, Namibia …

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Fuel prices to increase in February

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 …

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B2Gold explains the decrease in production forecast for 2021

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 …

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Fuel prices remain unchanged

The Ministry of Mines and Energy has resolved to keep countrywide fuel pump prices unchanged for January 2021, with N$11.38 per litre for diesel while the petrol price will remain N$11.35 per litre. The development comes despite the under-recoveries which were observed in the previous month. In addition, the authorities said …

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Etango-8 PFS on track

The pre-feasibility study (PFS) for the 8Mtpa development of Etango Uranium project has demonstrated the strong technical and economic viability of conventional open pit mining and heap leach processing. The developers of Etango-8 have highlighted that PFS is on track. “The Bannerman team and our top tier consultants are making …

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Namibia Critical Metals has provided updates on its Lofdal Heavy Rare Earths Project, Comments on Positive Developments in Rare Earth Markets

Namibia Critical Metals Inc has provided an update on the metallurgical test work program on the Lofdal Heavy Rare Earth Project in northern Namibia. Lofdal is a joint venture between the Company and Japan Oil, Gas and Metals National Corporation (“JOGMEC”) which is operating under a Term 1 budget of …

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Debmarine Namibia diamond vessel fitted with a helideck

Debmarine Namibia’s latest additional recovery vessel has started to take a perfect shape after the installation of the helideck a week ago in Damen Mangalia Shipyard, Romania. Helideck with the diameter of 22.8m with a total weight 49.2 tonnes will be the largest in the Debmarine Namibia fleet and designed …

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Empowering women in leadership using innovation to boost development

There is no limit to what we, as women, can accomplish – Michelle Obama Bureau Veritas, a world leader in testing, inspection, and certification, is proud to announce the launch of its “BV Women in Africa Mentorship Program” a strategic collaborative partnership with TWAA, an innovative and disruptive global and …

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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 …

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