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Debmarine Namibia, a subsidiary of global diamond giant De Beers, is commissioning a state-of-the-art offshore diamond recovery vessel, signaling a significant investment in its marine operations. The project, awarded to Dutch shipbuilding group Damen Shipyards, will see the construction of a new vessel designed to enhance deep-sea mining capabilities. The …

HTPS PTY (Ltd) is a specialized, Manufacturing and Engineering solutions business that focuses on supplying world leading solutions for hydro transport that is locally designed, built and supported. The manufacturing of new HDPE (High-Density Polyethylene) lined spools, ranging up to 18-meter lengths and sizes varying from 100mm (114mm OD) to …

Koryx Copper Corp., a TSX-V-listed miner, has successfully closed a public offering and a private placement, raising a combined C$25 million to fund the development of its Haib copper project in Namibia. The capital infusion is a significant step for the company as it seeks to accelerate technical studies and …

Reconnaissance Energy Africa has confirmed that drilling has officially commenced at its Kavango West 1X exploration well in Namibia. The company spudded the well on July 31 and expects to reach a total depth of approximately 3,800 metres by the end of November 2025. The well targets over 1,500 metres …

The Ministry of Industries, Mines and Energy has announced that fuel prices across Namibia will remain unchanged for the month of August 2025. This decision follows a comprehensive review of global oil market dynamics, exchange rate fluctuations, and domestic pricing models. During the month of July, international oil prices were …

Australian-listed company Celsius Resources has reduced the value of its Opuwo Cobalt Project in northwest Namibia by approximately N$75 million, citing ongoing market difficulties and uncertainty around how long it would take to develop the site. The decision was outlined in Celsius’s June 2025 quarterly report and reflects broader struggles …

Erongo RED will introduce a temporary electricity credit system for low-income households in 2026, chief executive officer Immanuel !Hanabeb announced at the company’s 20th anniversary stakeholders gala on Friday. The initiative, aimed at pre-paid users who run out of electricity before payday, will allow them to request between 10 and …

ACTOM is putting customers front and centre with the launch of a new Customer Experience Centre at the Knights facility in Boksburg, Johannesburg. Designed to deliver greater visibility, accessibility, and insight, the Centre allows clients to interact with operational, full-scale equipment and discover how ACTOM’s technologies work together to solve …

Namibia’s mining sector, a cornerstone of its economy, continues to play a pivotal role in the country’s development under the Sixth National Development Plan (NDP6), as outlined in the report by Simonis Storm Securities (SSS). While the sector has historically driven GDP growth, its capital-intensive nature has limited job creation, …

Rosh Pinah Zinc Corporation has kicked off construction on what is set to be the largest diameter raise bore ever attempted in Namibia. The WF3 Primary Exhaust Raise, a key component of the company’s RP2.0 Expansion Project, involves two massive vertical ventilation shafts, each measuring 5.1 metres in diameter and …