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Celsius raise funds for Opuwo Cobalt

Australian company Celsius Resources focused on the evaluation of the Opuwo Cobalt Project has completed a bookbuild for the issue of approximately 48.6 million shares to raise AUD$ 9 million, at an issue price of 18.5 cents per share. According to the announcement the funds raised by the placement will …

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Namdeb shifts exploration focus to shallow inshore extensions of existing on-land licences

It is not generally known that Namdeb’s onshore mining licences include certain inshore extensions, but these previously untapped areas are now the focus of a pre-feasibility to estimate the cost versus recovery potential in these licensed alcoves. For over twenty years, Namdeb’s investment and growth have been hampered by the …

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Mines minister urges the sector to strengthen value chain management

The Minister of Mines and Energy, Tom Alweendo earlier this week said there is need of strengthening the value chain management in the country’s mining sector. “It is a fact that the mining sector will play an even bigger role in our socio-economic development when we strengthen the value chain …

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