Petroleum Training and Education Fund CEO Nillian Mulemi says it is vital for government entities to hold hands and work together for the oil and gas industry to flourish. She was speaking during the opening of the oil and gas health, safety, security and environment awareness and training for critical government officials that render regulated...
Debmarine Namibia enhances environmental stewardship
Debmarine Namibia has sponsored surplus benthic samples to four institutions, contributing to scientific research, education and the enhancement of knowledge about the marine environment. These institutions include the Ministry of Fisheries and Marine Resources, the Ministry of Education, Directorate of National Heritage and Culture Programmes, University of Namibia (UNAM), and the Namibia University of Science...
Kraatz drives innovation in talent development
Kraatz Engineering, a subsidiary of the Ohlthaver & List (O&L) Group of Companies, took centre stage at the 2024 Mining Expo held in Windhoek on 7 and 8 August. With the slogan “Engineering the Future”, Kraatz Engineering reaffirmed its unwavering commitment to driving innovation, sustainability, and the development of Namibia’s engineering sector. The expo provided...
Critical mineral deposits discovered in Zambezi
KATIMA MULILO – Critical mineral deposits have been discovered in Zambezi region. This was announced by Zambezi governor Lawrence Sampofu last week. The discovery was announced by Zita Dias Diamond Resources (Pty) Ltd, after conducting preliminary test runs in the region. Zita Dias Diamond Resources is the brainchild of Zita Dias, who hails from the...
Ethical mining in the energy transition Protocol for balancing progress and sustainability in the Namib Desert
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 raises funds to get Etango off ground …FEED studies and Control Budget Estimate completed in June
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...
Competition commission approves Dundee merger
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 finds 391-carat diamond in Sierra Leone
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...
Mones ministry expedites local content policy
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...
Resilient mining industry remains bedrock of Namibian economy
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...