Year: 2024

Amid U.S. market fluctuations, Namibia emerges as a beacon of stability. Hosting the Southern Hemisphere Desert Conference on August 26-27, 2024, in the Namib Desert, the country will showcase its leading role in ethical mining during the global energy transition. With rich mineral reserves and a commitment to responsible management, Namibia aims to set new...

Bannerman Mining Resources (Namibia) (Pty) Ltd has identified the heap leaching process as the best method to extract uranium from its highly-anticipated Etango Uranium project. What remains a concern for the Australian mining giant is to raise the initial capital injection of about US$350 million to develop the promising Etango project that has the potential...

The Namibian Competition Commission (NaCC) has approved the proposed merger between Hong Kong-based Sinomine Rare Metals Resources Co. Limited and Dundee Precious Metals Tsumeb Holding (Pty) Limited, with conditions.  Sinomine Resource Group recently concluded deals to purchase controlling interests in a copper mine in Zambia and earlier this year purchased Dundee’s copper smelter in Namibia....

Trustco Group Holdings recently announced the discovery of a massive 391.45-carat diamond by Meya Mining in Sierra Leone. Trustco holds a 19.5% interest in the mine.  This significant find was made in the Kono District of Sierra Leone, within an area that spans the Kamara Gbense and Tankoro chiefdoms. Meya holds a 25-year exclusive diamond...

An inter-governmental committee formulating a Namibian content policy for the burgeoning oil and gas industry has made local content development in the country a priority. The National Upstream Petroleum Local Content Policy, currently in draft format, aims to improve Namibian participation in the sector and boost the domestic supply chain while continuing to welcome international...

I remain impressed by the dedication, innovation, and resilience of the Namibian mining industry, as it continues to play a vital role in our country’s economic growth and development.  The mining industry’s contribution to the GDP was 14.4% in 2023 up from 11.9% in 2022. Moreover, last year, the mining industry spent more than N$21...

It is the biggest find since the 3,106-carat Cullinan diamond, found in South Africa in 1905 and cut into nine separate stones, many of which are in the British Crown Jewels The diamond was found at Karowe mine, about 500km north of Botswana’s capital, Gaborone. Botswana’s government said it was the largest diamond ever discovered...

Deputy executive director of the Ministry of Mines and Energy Erasmus Shivolo said to date, there are about 1078 registered small mining claims in the whole country. This he said is a huge number compared to the population.  “As you know, small-scale miners (SSM) generally work in groups of five to eight people or sometimes...