Investment

Andrada Mining Limited has entered a conditional, credit-approved N$175 million funding agreement with Bank Windhoek Limited. If completed, Andrada Mining says these facilities will replace Uis Tin Mining Company (UTMC)'s...

Moonbound Mining has closed the second private placement offering to raise N$25.5 million (US$1,3 million) by selling 4,493,334 common shares at US$0.30 each. The proceeds will be used as general...

Barely two weeks after acquiring the Tsumeb copper smelter for N$928 million (US$49 million), Sinomine Resource Group has splashed another N$1.1 billion (US$58.5 million) on a Zambian copper mine. Sinomine...

Africa Oil Corp. has offered N$1.2 billion (US$64 million) to acquire up to 8% of the minority shareholders in Impact Oil and Gas Limited. Africa Oil currently holds a 31.1%...

Deep Yellow Limited has raised N$1.7 billion (A$140.5 million) as part of tranche 1 of the placement announced on March 11, 2024. The ASX-listed company wants to raise N$2.7 million...

Trigon Metals has acquired Base Metal Investments and Services, a private Mauritius-domiciled company that holds an option to acquire up to a 70% stake in the Kalahari Copperbelt Project. The...

Noronex has signed an N$8 million agreement to earn up to 80% interest in a 7.000-ha uranium EPL 6776 by August 2027.  The EPL is about 3 kilometres north of...

Bannerman Resources says it booked an impairment of N$44 million (A$3 568 253) after testing the value of its investment in Namibia Critical Metals. Namibia Critical Metals is developing the...

Deep Yellow Limited has received binding commitments to raise N$2.7 billion (A$220 million) to develop the Tumas Project in Namibia and advance exploration at the Mulga Rock Project in Australia....

Namibia's mines minister, Tom Alweendo, says Africa's sustainable energy goals require over US$200 billion annually, yet current investments are a mere US$25 billion. Writing on his LinkedIn page on Tuesday,...