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New mine in Namibia to start mining Uranium

Swakop Uranium has announced that production at its Husab mine in Namibia would commence late next month. Local media reports said the planned operationalisation of the mine was disclosed by company CEO Zheng Keping when he paid a courtesy call on VP Nickey Iyambo in Windhoek recently Keping said once …

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Namibia’s fiscal deficit to narrow on rising mining production, spending cut backs – BMI

Rising mining production and cutbacks on nonessential spending will see Namibia’s fiscal deficit narrow in the coming months, says BMI Research, which is part of Fitch Group. BMI points out in a new report that Namibia’s fiscal balance will begin to narrow over 2017, after widening substantially this year, on …

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Kudu still on the horizon?

While Kudu may not have grabbed as many front pages as has become commonplace, it appears that the ambitious multi-billion dollar project is still on the cards. This comes as Namibia Petroleum Corporation board chair Johannes !Gawaxab and Managing Director Immanual Mulunga were both prepared to provide updated information on …

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