Namibian Mining News The Professional Mining Journal

With only a week to go before the much anticipated 2016 Mining Expo, local financiers are positioning themselves for major mining deals. “Standard Bank understands that mining companies require big chunks of financing for their large-scale mining projects,” said Adri Spangenberg, Head Client Coverage at Standard Bank. One of the …

Diversified mining company Anglo American has produced less diamond, copper, coal, manganese alloy and niobium in the three months to March 31. Diamond production fell by 10%, copper production by 19%, export thermal coal by 13%, export metallurgical coal by 9%, Eskom coal by 8% and niobium by 13%. Refined …

NAMDEB Holdings diamond production fell 4% to reach 400 000 carats in the first quarter of this year, Anglo American announced in a report. The drop was due to reduced grade at Namdeb, the reported said. Overall, De Beer’s diamond production decreased by 10% to 6,9 million carats, reflecting the …