Mining

Mining (337)

Vedanta Zinc International (VZI) says it’s still moving ahead with plans to set up a smelter in Namibia.

B2Gold has awarded Byrnecut, an international specialist underground mining contractor, a N$1.6 billion development and production contract for its Wolfshag Underground Mine.

Namibia has slipped seven places on a highly regarded global survey measuring investment attractiveness of mining jurisdictions in the world.

Australia Stock Exchange-listed Deep Yellow, which is developing the Tumas uranium Project in Namibia, has announced a N$7.1 billion proposed merger with Vimy Resources.

Namibia and Germany have partnered to launch a N$6 million green people’s energy project that seeks to provide low-income earners with affordable solar systems.

Paladin Energy has completed an institutional placement that will raise N$2.2 billion (A$200-million) in cash from an initially announced N$2.4 billion (A$215-million) capital raise initiative to restart operations at the Langer Heinrich uranium mine.

AfriTin Mining Ltd produced record annual tin concentrate from its flagship Uis mine.

When railway worker, Zacharia Lewala, discovered a diamond in 1908, he and those who became part of the diamond rush would not have envisaged that 114 years later, marine diamond production would overtake land-based production.

The vessel was previously known as Additional Mining Vessel (AMV#3) and re-christened Benguela Gem.

Debmarine Namibia on Friday officially inaugurated its latest diamond recovery vessel, Benguela Gem, previously the AMV#3 (Additional Mining Vessel 3), which will commence operations from next week, well ahead of its original schedule.

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