News

Namibia Critical Metals Inc. has mutually terminated the share purchase agreement with Sylla Gold Corp. to divest four non-material gold properties in Namibia. The companies announced the share purchase agreement on...

88 Energy Limited has completed the 2D seismic data acquisition program for PEL 93 over the Owambo Basin on time and within budget. The program aims to determine the size...

NGX Limited has entered into earn-in joint venture agreements with Hahndorf Investments CC to acquire two uranium exploration project applications in Namibia. NGX Limited is a leading African graphite explorer...

Galp's upstream expenditure in Namibia has increased by N$700 million from N$1.5 billion, as reported in Q1 of 2024. The Portuguese company’s upstream portfolio in Namibia consists of PEL 83,...

De Beers Group has entered into a definitive agreement to sell an iron ore royalty right related to the Onslow Iron project in West Pilbara, Australia. The diamond company says...

Langer Heinrich Mine had, by June 30, 2024, produced 517,597 pounds of uranium after starting commercial production on March 30, 2024. The first customer shipment, 319,229 pounds of U3O8, departed Walvis...

Vessel maintenance at Debmarine Namibia affected rough diamond production to decrease by 8% to 0.6 million carats. In Botswana, production decreased by 19% to 4.7 million carats, driven by intentional...

DAMREV, the natural world asset (RWA) tokenisation company, has secured a US$330 million (N$6,2 billion) deal to tokenize a copper mine in Namibia. This project will be implemented over a...

Great Quest, a Canadian mineral exploration company, has acquired a 25% ownership interest in Belmont Mineral Exploration. The deal struck on December 21, 2023, was concluded this week. Belmont holds,...

Mining activities at the Kombat underground continue above 120 metres from the shaft collar after the pumps break down. Trigon Metals says the two dewatering pumps broke down on June...