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New gold mine to be developed by Osino Resources
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New gold mine to be developed by Osino Resources

Namibia will soon boast a new gold mine near the towns of Usakos, Karibib and Omaruru that is to be developed by Canadian company, Osino Resources. The development of the mine was confirmed this week following the results of the prefeasibility study for the Twin Hills gold project.

Consumers urged to spend low-value coins 
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Consumers urged to spend low-value coins 

The Bank of Namibia has confirmed there is no shortage of coins in the country, and that the local market has been adequately supplied with all necessary denominations. The clarification comes after a local retailer recently requested customers to exchange or purchase goods with coins, specifically 5 cents and 10 cents coins.