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Mining
Otjikoto Mine Set to Produce Up to 185,000 Ounces of Gold in 2025
By: Nghiinomenwa-Vali Erastus Otjikoto Mine is projected to produce between 165,000 and 185,000 ounces of gold in 2025, according to B2Gold’s Q1 2025 report. The mine, 90% owned by B2Gold, is expected to process 3.4 million tonnes of ore at an average grade of 1.63 grams per tonne (g/t), with a gold recovery […]
Mining Sector Pumps Over N$24 Billion into Local Economy
By: Justicia Shipena The mining industry spent N$24.154 billion on goods and services from Namibian businesses in 2024. This represents 46.2% of the sector’s total revenue of N$52.295 billion. The figures were revealed by the President of the Chamber of Mines of Namibia, Zebra Kasete, in his Mining Industry Review for 2024. “Despite a challenging […]
Namibia Rakes in N$5.96 Billion in Mining Royalties Over Three Years
By: David Shoombe The Namibian government has collected N$5.96 billion in mining royalties over the past three years. This was revealed by the Minister of Industries, Mines and Energy, Natangwe Iithete, during the ministry’s workshop on draughting its Annual Strategic Plan in Ithete emphasised the ministry’s commitment to ensuring that the country receives its fair […]
50% of Langer Heinrich’s Uranium Has Customers for Life
By: Nghiinomenwa-vali Erastus Fifty percent of Langer Heinrich Mine Uranium Mine’s total production has already gained offtake/customers for the life of the mine. This has cast light on the importance of uranium as countries enhance their uranium enrichment for energy production/generation and other uses globally. This was revealed by Paladin, the shareholder who owns […]
Leonardville Youth Back Russian Uranium Project Amid Controversy
By: Kavee Vezemburuka A group of young people from Leonardville has voiced strong support for the controversial Headspring Investments Rosatom in-situ uranium project, arguing that it offers a solution to unemployment, economic stagnation, and a lack of educational opportunities in the Omaheke region. “We urge the government, business leaders, and local communities to […]
Langer Heinrich Local Spending Exceeds N$1.15 Billion
By: Justicia Shipena The Langer Heinrich Mine (LHM), has spent just over N$1,15 billion (US$61 million) over the past financial year, through the acquisition of local various products and services to strengthen its operations. This investment follows the successful restart of LHM, establishing it as a cornerstone in Paladin’s ambition to become a […]
Australian Company Joins Madison in Cobra Uranium Project
By: Staff Writer Australian firm Star Minerals has teamed up with Canadian mining company Madison Metals to advance the Cobra Uranium Project near the Rossing Uranium Mine in Namibia’s Erongo region. The project is estimated to contain 15.6 million tonnes of mineral resources, with a grade of 260 parts per million, equating to […]
Etango Uranium Output Can Power 8 Large Nuclear Reactors
By: Nghiinomnwa-vali Erastus Etango Uranium, a uranium mine under construction in the Erongo Region with the capacity to produce an annual output of 3.5 million pounds (Mlbs) of uranium oxide (U3O8) has the potential to power 7 to 8 large nuclear reactors. This was revealed in a recent presentation prepared for […]
Without Mining, Namibia’s GDP Remains Stagnant Below N$131 Billion
By: Nghiinomenwa-vali Erastus An in-depth analysis of Namibia’s economic performance from 2015 to 2023 reveals that without contributions from the mining sector, the country’s economy has remained stagnant since 2015. The comparison, based on Namibia’s yearly Gross Domestic Product (GDP at market prices) data, highlights the country’s output over the years as an indicator […]
Mining Sector Set to Drive Green Industrial Revolution, Study Reveals
By: Justicia Shipena A new study underscores the pivotal role of Namibia’s mining sector in driving the country’s green industrialisation efforts. The report, presented at the Global African Hydrogen Summit, recommends leveraging Namibia’s mining capabilities to advance a unified green industrialisation agenda and calls for the establishment of a supportive legislative framework […]