Namibian Mining News The Professional Mining Journal

Paladin Energy is looking to sell another stake in its Langer Heinrich mine numerous publications have stated this week. Paladin is expected to sell 24% of its stake as well as 75% of its Australian operated Manyingee mine in the hopes of raising US$200 million catered towards expansion. The sale …

Namibia Marine Phosphate (NMP) announced this week that they have attained a mining license from the Ministry of Mines and Energy and will commence with their mining project “Sandpiper.” The project is estimated to yield 1.8 billion tonnes of phosphoric sand and carries an estimated N$5.2 billion in investment capital, …

The South African mining industry is facing another challenging year with slower than expected economic growth, a prolonged and continuing downswing in commodity prices, an increase in short-term volatility, increased pressure on operating models, and regulatory uncertainty. Adding to these challenges is the increased difficulty in raising capital due to …