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Vedanta handing over Namibia mining operations to Hindustan

Vedanta, the corporation run by billionaire Anil Agarwal, announced on Thursday that it will be handing over its mining operations in Namibia and South Africa for $2.98 billion to its subsidiary Hindustan Zinc Ltd (HZL). The company’s board of directors approved the sale of the Zinc International business controlled by …

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Mulga Rock’s evaluation highlights increase in uranium

Deep Yellow is upbeat that critical minerals assessment of Mulga Rock has indicated potential to spur the project. “The recovery of critical minerals from the Mulga Rock Project, if feasible, has the potential to materially enhance project value. This initial drill program will provide data to better define the distribution …

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Namibia’s Hyphen Hydrogen Energy project scheduled to commence in the first quarter-President

The implementation agreement for Namibia’s planned multibillion-dollar Hyphen Hydrogen Energy project is scheduled to commence in the first quarter of this year, Namibia President Hage Geingob revealed in his 2023 New Year’s message. Egypt has granted approval for two green hydrogen projects in the industrial zone of Ain Sokhna, a port town on …

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