News

President Nangolo Mbumba said Namibia expects firmer estimates of recoverable oil and gas reserves this financial year. Mbumba, who delivered his first State of the Nation address Thursday, said Namibia...

Madison Metals wants to raise up to N$48.3 million (C$3.5 million) through a private placement to start drilling activities at the Khan high-grade uranium discovery in Namibia. The company also...

De Beers Group reported that rough diamond sales increased from US$374 million in the last cycle to US$430 million in the second 2024 sales cycle. The Group released the provisional...

Chevron, RMB, and Shell are the Saphire sponsors for the 6th Namibia International Energy Conference, which will be held from 23 to 25 April 2024. The conference, which takes place...

Andrada Mining CEO Anthony Viljoen says expanding tin production at the Uis Tin Project will enable the company to meet its royalty obligation, increase revenue by up to 75%, and...

Mines and energy minister Tom Alweendo says Namibians must always be alert and do everything necessary to guard against abuses and malfeasance in the country's nascent oil and gas sector....

Bannerman Resources, which is developing the Etango Uranium Project in Namibia, has appointed Gavin Chamberlain as CEO. Chamberlain, who takes over from Christopher Munro, now the executive chairperson, comes when...

Prospect Resources has made significant strides in the Omaruru Lithium project earn-in and shareholders agreement, having paid Osino Resources about N$24.4 million (US$1.286.584) out of N$29.6 million (US$1.56 million) as...

The mines ministry has renewed Forsys Metals' Namibplaas Exclusive Prospecting License 3638, a crucial part of the ongoing Norasa Uranium Project in the Erongo region. This marks a significant milestone...

Dundee Precious Metals sold the Tsumeb Smelter to Sinomine Resources Group's subsidiary for US$49 million. The company announced Thursday that it had sold the smelter, including all associated assets and...