Mining (337)

Lepidico's decision to establish a lithium chemical plant in Abu Dhabi is based on a strong foundation of infrastructure, resource accessibility, government support, and a vision for global growth, the company has said.

Uranium One Group’s operating company, Headspring Investments, has been granted an Environmental Clearance Certificate (ECC) to start constructing a field laboratory where its main field operations are at farm Tripoli.

Africa is on a definite rising level of economic progress, as demonstrated during the Africa Energy Week hosted by the Africa Energy Chamber in Cape Town, South Africa, under the theme ‘The African Energy Renaissance: Prioritizing Energy Poverty, People, Planet, Industrialization and Free Markets’.

Lepidico has secured a ~N$950 million commitment in the form of a formal mandate and indicative non-binding term sheet in late 2020 from the US Government’s International Development Finance Corporation (DFC) for its lithium project at Karibib, subject to completion of due diligence, which appears to be in its final stage, The Brief can exclusively reveal.

 The European Union (EU) has committed to invest about N$20 billion towards the strategic partnership on sustainable raw materials and green hydrogen in Namibia.

Eco Atlantic Oil and Gas, a London AIM and Toronto Stock Exchange-listed exploration company, is shifting its focus in the Walvis Basin to reservoirs beyond 1,000 to 1,500 metres to find significant oil reserves.

President Hage Geingob has reiterated that Namibia will no longer export raw metals.

The reopening of Tschudi Mine will be a boon to the mining industry, Dundee Precious Metals President and CEO David Rae has said. 

Madison Metals says it is gearing up for a significant uranium exploration venture in Namibia as it is set to advance its plans to develop its flagship uranium assets in Namibia.

Osino Resources Corp (Osino) on Friday successfully concluded its strategic Namibian financing after issuing 2,770,745 common shares at N$13.85 (CAD$1.00) per common share, resulting in N$38 million (CAD$2,770,745) gross proceeds, the company announced.

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