Namibian Mining News The Professional Mining Journal

The Industrial Development Corporation of South Africa (IDC) has opened an Expression of Interest (EOI) process for the sale of its 10.2% equity stake in Rossing Uranium Limited, one of the world’s largest and longest-running open-pit uranium mines. Established in the 1970s, Rossing has been a cornerstone of global uranium …

The Zahid Group from Saudi Arabia has finalised its R23 billion acquisition of Barloworld, completing a landmark deal that will see the South African industrial group delist from the JSE and A2X and transition to private ownership under a Middle Eastern-led consortium. The acquisition was executed through Newco, a consortium …

A newly announced country strategy by President Emmanuel Macron signals a sharpened focus on Africa’s mining sector, positioning the continent as central to France’s long-term energy security and industrial competitiveness. As competition for minerals intensifies globally, led by China, Russia and the U.S., the strategy signals a renewed push by …