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Namibian Mining Sector Shines: Uranium and Gold Power Economic Growth Amidst Diamond Downturn

Namibia’s mining sector continues to be a driving force behind the nation’s economic resilience, with uranium and gold emerging as pivotal contributors to growth despite challenges in the diamond industry. The latest update from the Chamber of Mines for June highlights a robust performance, underpinning confidence in the country’s rich …

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Metso Secures Major Equipment Deal for Twin Hills Gold Project

Osino Resources Corp., a prominent exploration and development company in Namibia, has awarded Metso a significant contract to supply key process equipment for the Twin Hills gold project, located approximately 150 kilometres northwest of Windhoek, the capital city. The order, valued at over EUR 20 million, has been recorded in …

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Recognising water risk in mining due diligence

Water-related risks can easily be underestimated in a due diligence study of a mining operation, with pollution and flooding being among the many aspects that prospective investors or lenders need to consider. “In most mining transactions, the issue of water generally presents a significant risk to investors,” said Peter Shepherd, …

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