The Orano Mining Namibia has donated food parcels to Spitzkoppe and Naman Pos community as part of the fight against Covid-19, which has impacted on most livelihoods in the country. The donations are valued at N$110 000. Residents in Spitzkoppe depend mostly on livestock farming, small mining of semi-precious stones …
Read More »Economy slump to take Namibia to 2013 levels
With another negative growth looming, the expected fall in the value of goods and services the country produces in 2020 will take Namibia seven years back. DESPITE the government spending billions over the past four years through the national budget, no real economic growth has been realised, and the country’s …
Read More »De Beers co-innovate geofencing solution to enhance crew safety in offshore mining
De Beers Marine South Africa and Orange Business Services have installed and tested a customised IoT solution to provide geofencing to maintain safe working distances for crew members around heavy machinery involved in marine diamond mining The solution was successfully piloted on board the MV Mafuta, an offshore diamond mining …
Read More »Namibia fuel price to increase starting September 2
The Ministry of Mines and Energy announced on Friday that Namibia will increase fuel prices of up to 2.6 per cent with effect from September 2. The ministry said the pump price of petrol at the port of entry in Walvis Bay is expected to increase by 30 cents to …
Read More »Namibia Critical Metals Secures $5 Million
Namibia Critical Metals has entered into an investment agreement with Alumina Partners, an affiliate of New York-based private equity firm Alumina Partners The draw-down equity financing facility is structured to provide Namibia Critical Metals with timely access to private placement financing. Under the terms of the investment agreement, the company …
Read More »Cronimet thrilled to be part of O&L Nexentury
Cronimet MD Steffen Kammerer has revealed that his company is thrilled to be officially part of the O&L family after many successful years as partners. German renewable energy project development company Cronimet Mining Power Solutions has merged with Namibia’s largest privately held group of companies Ohlthaver & List Group (O&L). …
Read More »SADC countries told to effectively promote industrialisation and improve economic growth in the region
Natural resource-based sectors, including agriculture and mining, still account for, on average, 25% of gross domestic product (GDP) in the southern African region (SADC). This means that SADC member states’ continued economic dependency on natural resources and unprocessed commodities hampers the realisation of the region’s market integration goals and industrialisation. …
Read More »Namibia plans to solve housing problem by giving land to mining companies
ERONGO governor Neville Andre believes that giving land to mining companies could lead to the alleviation the problem of squatting in the Erongo region, which is increasing at an alarming rate. Andre has urged local authorities to make land available to large mining companies, at favourable rates, for the companies to …
Read More »Exploration and mining software system supports and sustains increased exploration in Africa, says Specialist
Mineral Resource Management Specialist Minrom CEO Oscar van Antwerpen has revealed that the new mining software system allows companies to monitor and manage the licences, as well as receive timely warnings of missing documents or regulatory needs. The exploration and mining licence management software system is already in operation in …
Read More »AfriTin Uis mine operating at full capacity, increases output by 79% month-on-month
AfriTin Mining is continuing to operate the Uis mine in Namibia at full scale despite ongoing Covid-19 measures in Namibia and South Africa. According to the company, all necessary steps to mitigate a possible outbreak have been taken and the company is pleased to report that there have been no …
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