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Diamonds, uranium projected to spearhead Namibia’s recovery

According to the Bank of Namibia (BoN), diamond output was down 14,7 per cent in real terms in 2020, and growth is projected at 2,8 per cent in 2021 and 16,9 per cent next year. Namibia expects robust growth in diamond and uranium mining this year after the two sub-sectors …

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Green initiatives to catapult copper markets to unprecedented levels

While giving one of the most bullish forecasts yet for copper, a leading metals trader said copper could surge above a record to $12 000 a ton in 18 months on new demand from green initiatives. The bellwether material has already doubled since a nadir in March to reach a …

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Activists advise Agric Minister on oil drilling and fracking in the Kavango basin

Save Okavango’s Unique Life (Soul) have advised Namibia’s agriculture, water and land reform minister to work with other government ministries to introduce an immediate moratorium on Canadian oil and gas firm ReconAfrica’s current petroleum exploration activities in the Kavango region in Namibia. Save Okavango’s Unique Life (Soul), an alliance of …

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