Namibian Mining News The Professional Mining Journal

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 …

Namibia, a major producer of diamonds and uranium, announced on Wednesday that locals who hold mineral exploration licenses would no longer be able to sell them to foreigners, in an effort to reduce speculation in the field. Mines and Energy Minister Tom Alweendo revealed that effective April 1, Namibian mining …

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 …