Mining

Mining (337)

The Chamber of Mines says it has reached an agreement with the government that will see players in the country’s mining sector only complying with a minimum 5% shareholding in line with the proposed Namibia Equitable, Economic and Empowerment Framework (NEEEF).

Andrada Mining says it has raised N$181 million through the issuance of loan notes for the mine's ongoing capital expansion project.

Osino Resources says it has invested at least N$1.4 billion (US$75 million) in its Twin Hills Gold Project in Namibia over the past five years, specifically towards conducting a Definitive Feasibility Study (DFS) for the mining project.

Rosh Pinah Zinc Corporation says it will cooperate with health investigations into the effects of lead exposure on children and the community in the area.

Canada's Deep-South Resources can finally resume work at its Haib copper project in Namibia after the Ministry of Mines and Energy renewed the miner's prospecting license for two years.

Rössing Uranium has awarded a N$12.8-billion mining contract to Chinese contractor Beifang Mining Services to take over responsibility of the operations.

Kazera Global has revealed that the Chinese company Hebei Xinjian Construction (Xinjian), with which it entered into a December agreement to sell its 100% interest in the Tantalite Valley Mine in Namibia, has failed to comply with the conditions of the sale agreement and is currently in payment arrears of N$30.3 million (US$1.6 million).

Fortescue Future Industries (FFI), has made a commitment to a 2022 offer to collaborate with the Namibian government on an investment in the country's Green Hydrogen industry through a 50-50 partnership.

Andrada Mining has announced that all holes in its latest drill program near the Uis mine in Namibia intersected lithium and tantalum.

Diversified battery metals explorer, Arcadia Minerals, says it is not affected by the Namibian government's decision to ban the export of unprocessed lithium and other critical minerals, as it plans to construct a processing plant in the country.

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