Namibian Mining News The Professional Mining Journal

Rising mining production and cutbacks on nonessential spending will see Namibia’s fiscal deficit narrow in the coming months, says BMI Research, which is part of Fitch Group. BMI points out in a new report that Namibia’s fiscal balance will begin to narrow over 2017, after widening substantially this year, on …

While Kudu may not have grabbed as many front pages as has become commonplace, it appears that the ambitious multi-billion dollar project is still on the cards. This comes as Namibia Petroleum Corporation board chair Johannes !Gawaxab and Managing Director Immanual Mulunga were both prepared to provide updated information on …

Aim-listed Gemfields’ latest auction of emerald and amethyst has netted revenue of $11.1-million. The auction, held in Jaipur, India, from September 26 to 29, included commercial-quality rough emerald extracted at Gemfields’ 75%-owned Kagem mine, in Zambia, and higher-quality amethyst mined by Gemfields’ 50%-owned subsidiary Kariba Minerals in Zambia. Of the …