Top Stories

Trigon Metals, a Canadian junior, intends to raise C$5 million to restart the Kombat copper mine in Namibia’s Otavi mountainlands. On Tuesday, the TSX-V-listed explorer and developer announced a non-brokered private placement financing of up to 12.5 million units at C$0.40 per unit. A common share and one-half of a …

Otesa Civil Engineering, which was fined N$668,000 by the Oukwanyama Traditional Authority for illegally extracting sand at Ohailulu village in the Ohangwena region, has paid N$300,000. Otesa Civil Engineering made the payment on June 8, according to the proof of payment seen by the media. Efraim Weyulu, the Oukwan-yama senior …

Osino Resources, a Toronto-listed mining company, has just released a preliminary economic assessment (PEA) for its Twin Hills gold discovery in Namibia, and it’s a beauty. What began as a near-hunch for CEO Heye Daun and his team has grown into the largest gold discovery in southern Africa in recent …

The Namibian Ministry of Mines and Energy has granted TSX-listed Namibia Critical Metals a 25-year mining license for its Lofdal heavy rare earth dysprosium-terbium mine. The mining license is valid until May 10, 2046, and is awarded to Namibia Rare Earths, the Company’s wholly-owned subsidiary. The business and Japan Oil, …

Bannerman Resources, an ASX-listed company, has reported that the Namibian Ministry of Mines and Energy has extended its exclusive prospecting license 3345 until April 25, 2023. EPL 3345 is an exploration license that includes potential satellite deposit possibilities for the company’s flagship Etango uranium project, of which it owns 95%. …

Gratomic has revealed that its Windhoek facilities will be used as an office as well as lodging for the company’s Canadian executives visiting Namibia. The property in Lüderitz will also be developed into a second graphite processing and warehousing facility, according to the company. Gratomic, the owners of the Aukam …

Namibia Marine Phosphate (NMP) in a company statement announced that the high court of Namibia on Wednesday 30th June declared that NMP’s Mining Licence ML170 and the rights conferred to NMP thereunder are not affected by the findings of the court and remains valid. The legal proceedings were aimed at …

Southern Africa Resource Watch (SARW) has questioned the objectives of a Chamber of Mines news release that incorrectly referred to a recent report titled “The Mineral Sector of Namibia: A Nuanced Overview of Selected Key Aspects.” The Johannesburg-based advocacy and research organization has responded to Namibia’s Chamber of Mines with …

After successfully serving markets throughout the continent from its headquarters in Coega, Gqeberha, Port Elizabeth for a number of years, commercial vehicle manufacturer FAW Trucks has reintroduced the brand in Namibia, reinforcing its steadfast commitment to clients. FAW Trucks found a dependable home with Africa Commercial Vehicles (ACV), a dominant …

Mergence Unlisted Investment Managers (Namibia) has increased its shareholding in the two Ejuva renewable energy projects in Gobabis from 17% to a majority stake of 66% having acquired the 49% previously held by co-developer and initial part-financier, CIGenCo, a subsidiary of South Africa-listed Consolidated Infrastructure Group (CIG). The two adjacent …