Top Stories

Namibia has seven sedimentary basins, including four offshore and three onshore basins The Orange Basin covers an extensive area of approximately 160,000 square kilometers, making it South Africa’s largest offshore basin both aerially and volumetrically Standard Bank Namibia has today entered into a three-year partnership with Rich-Africa Consultancy, to support …

Australian uranium developer Deep Yellow has pumped the brakes on its flagship Tumas project in Namibia, announcing a deferral of the final investment decision (FID) until the clouded global uranium market shows clearer skies. The move, revealed on Tuesday, marks a further delay for the ambitious project, which had already …

With the official commissioning of the HyIronOshivela Plant in Walvis Bay, the local economy has reached a significant turning point in its path toward sustainable industrialization. Held under the bright Erongo skies, the event brought together high-level dignitaries, international partners, and local leaders to witness the start of what many …

Building on its standing as the world’s third-largest uranium producer, Namibia is doubling down on its uranium sector with a new wave of exploration and production (E&P) activity. The nation has positioned itself as a major player in the industry with worldwide demand for nuclear energy increasing. This year’s African …

Australian-listed Connected Minerals (ASX: CML) has embarked on a pivotal phase of its exploration strategy, initiating a maiden reverse circulation drilling program at its promising Etango North-East Uranium Project in Namibia. This move signals a significant step in the company’s quest to capitalize on the region’s rich uranium reserves, positioning …

Despite recent national mourning following the loss of two presidents, Namibia has reaffirmed its commitment to strengthening its long-standing bilateral relations with Russia. President Netumbo Nandi-Ndaitwah, speaking during a courtesy visit by Russian Deputy Prime Minister Yury Trutnev, emphasized the enduring bond between the two nations and their shared vision …

Driven by the energy shift and a drive for industrialization, the global need for rare earth elements is skyrocketing. Demand is projected to rise fourfold by 2030, and African countries rich in these vital minerals are hurrying to assert their place in the worldwide supply chain. Africa might soon provide …

Victoria Sibeya has been appointed as the Acting Managing Director of the National Petroleum Corporation of Namibia (NAMCOR), with effect from April 1, 2025.  She succeeds Ebson Uanguta, who, after more than a year at NAMCOR, returns to his position at the Bank of Namibia. Uanguta offered consistent leadership during …

Namibian drivers will finally have some relief at the gas pump after two months of price increases. The Ministry of Mines, Energy and Industry has announced a fuel price reduction effective Wednesday, 2 April 2025, citing a combination of global oil price declines and a stronger Namibia Dollar. Diesel 50ppm …

Namibia’s mining, energy, and industrial sectors received N$939.5 million in the FY2025-2026 national budget, with a total investment of N$2.8 billion expected for the MTEF. This funding demonstrates the government’s commitment to promoting industrial development, expanding energy capacity, and ensuring mining’s continued viability as an economic driver. Mining, as one …