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Dundee Precious Metals (DPM), based in Canada, recently announced the acquisition of INV Metals, adding an advanced-stage Ecuador gold project to its portfolio of assets, which already includes two Bulgarian mines and a Namibian copper smelter. Each of the issued and outstanding shares of INV that DPM did not already …

Identified as a goal at its Uis tin mine in Namibia, AfriTin Mining is pursuing a metallurgical test work program to explore the by-product potential of ancillary metals. The 2012 Joint Ore Reserves Committee-compliant mineral resource estimate for the Uis mine contains ancillary metals with inventories of 6 091 t …

The Ministry of Mines and Energy has granted an extension of the term for exclusive prospecting licence (EPL) 4346 of the Opuwo Cobalt Project, till March 2023. The Opuwo Cobalt Project is 95 percent owned by Celsius Resources and located in northwestern, approximately 800 km by road from the Windhoek, …

The Namibian High Court has deferred its decision on an application filed by the Confederation of Namibian Fishing Associations and three other parties questioning the validity of Namibian Marine Phosphate’s (NMP) Sandpiper mining license to April 12. The judgment was scheduled to be delivered on March 8 after a hearing …

The Namibian Minister of Mines and Energy is empowered to approve an application submitted by a licensee for the transfer of mineral licenses, or the cession or assignment of interest in a mineral license, on the terms and conditions agreed by the Minister under section 47(2)(a) of the Minerals (Prospecting and Mining) Act, 1992 (Act no. 33 of 1992). In terms of the powers vested in the Minister under section 47(2)(a) of the Minerals (Prospecting and Mining) Act 1992 (Act No. 33 of 1992), the Minister has determined that as of 1 April 2021, applications submitted by Namibian license holders for the transfer of mineral licenses, or the …

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 …

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 …

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 …

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 …

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 …