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Mining / Page 6
The Hunt for Gold: B2Gold At Crossroads
By: Justicia Shipena B2Gold says it has been unable to find profitable gold at its Otjikoto mine despite exhaustive efforts and thorough exploration. The inability to pinpoint lucrative gold deposits has prompted a reevaluation of the operational viability of the mine, situated in the north-central region of Namibia, approximately 300 km north of Windhoek, and […]
Hydrogen Can Fulfil Its Potential, Says IEA
By: Dwight Links Hydrogen has the potential to live up to its promise as a low-emission fuel, according to the International Energy Agency (IEA). In its latest Global Hydrogen Review 2023 report, the IEA acknowledges that low-emission hydrogen production could significantly expand by 203. The report reflects the IEA’s assessment of developments in the field […]
Namibian Phosphate Mining Faces Uncertainty … Developers Seek Government Guidance
By: Justicia Shipena The developers of a phosphate mining project in Namibia are seeking clear guidance from the government regarding the project’s future. Specifically, they are looking for direction on whether to proceed with its development or not. In a meeting held with the Parliamentary Standing Committees on Natural Resources and the Committee on Economics […]
Over 13 000 Tonnes of Uranium Oxide Shipped in Two Years: China the Largest Beneficiary
By: Nghiinomenwa-vali Erastus The two leading uranium producers in the country have extracted and processed 13,402 tonnes of uranium oxide over the past two years, with the majority of these exports directed to China and other uranium-enriched nations. Chinese owned, Swakop Uranium’s Husab Mine, extracted 7,861 tonnes of uranium oxide (U3O8), while Rossing Uranium extracted […]
Andrada Begins Polymetallic Mineralisation Exploration
By: Staff writer Namibia-based lithium, tin and tantalum miner Andrada Mining has begun an initial exploration programme at the Brandberg West exploration licence, at the opencast Brandberg West mine, in the Erongo region. The company confirmed the development this month, noting that the new prospecting programme will involve drilling over 3 000 m of the […]
MUN and Whale Rock Cement Reach 6% Wage Agreement
By:Justicia Shipena WHALE Rock Cement workers will receive a wage and related benefits boost following recent successful negotiations between their employer and the Mineworkers Union. As part of this groundbreaking agreement, every union member employed at Whale Rock Cement will enjoy a 6% wage increase. The agreement announced yesterday includes a substantial rise in housing […]
Fuel prices are rising again as the economy struggles
By:Josef Kefas Sheehama The Ministry of Mines and Energy, last week, announced an increase in the prices of petrol and diesel, citing a combination of rising international oil prices and the depreciation of the Namibian Dollar and catastrophic flooding in Libya. Effective from 4 October 2023, the price of diesel will increase by N$2.40 per […]
Ministry Passes On Fuel Prices Burden …industries, Transport Sectors, and Off Grid Farmers to feel the pain
By:Nghiinomenwa-vali Erastus MOTORISTS and other consumers of petroleum products will have to pay at least N$3.1 and N$4.1 additional for petrol and diesel following the recent decision to increase fuel prices by the government. The price of petrol will increase by N$1.90 per liter, while diesel will go up by N$2.40, per liter, effective from […]
Africa Shows Real Promise in Green Hydrogen with Projects
By:NJ Ayuk There’s a new powerhouse in African renewables. And it has plenty of experts talking about it. The report “The State of African Energy 2Q 2023 Outlook,” recently released by The African Energy Chamber (AEC), discusses the current and future projections for renewables on the continent. The most exciting finding is the competitive growth […]
“Millionaires’ Growth Not A Panacea For Namibian Economy”
By:Lavinia Shawapala The expected rise in the number of millionaires won’t boost the Namibian economy, warnedlocal economist Omu Kakujaha-Matundu. The 2023 Africa Wealth Reportrevealed that roughly 2,150 millionaires presently reside in Namibia, with over 10,000 predicted by 2040. Talking The Villager, Kakujaha-Matundu stated that he was not challenging the statistics made public. “I am not […]