News

Mines minister Tom Alweendo says the oil discoveries in the Orange Basin suggest the biggest oil yield ever found in Sub-Saharan Africa. Speaking at the ongoing Namibia International Energy Conference just outside...

De Beers has lowered its rough diamond production guidance for 2024 to 26–29 million carats from 29–32 million carats after reporting a 23% decrease to 6.9 million carats in the...

88 Energy says it is now funded for at least the next 12 months, with N$123 million (A$9.9 million) from selling 3.1 billion shares and the existing cash reserves of...

Paladin Energy is now focusing on production ramp up and building a finished product inventory at the Langer Heinrich Mine ahead of shipping uranium to customers. The company announced that...

Custos says the Mopane complex in the Orange Basin had an estimated 10 billion barrels of oil equivalent or higher before drilling additional exploration and appraisal wells. The Mopane complex...

88 Energy plans to drill a potential initial exploration well on PEL 93, targeting the Damara play in the Owambo Basin as early as the second half of 2025. PEL...

Trigon Metals CEO Jed Richardson says they can now confirm that copper mineralisation continues 15km east of the main Kombat mining licence 73B in Namibia. Richardson said this after a...

ReconAfrica has commenced the major civil works associated with building access roads to the well site in the Kavango region. The company announced Thursday that the primary contractor had mobilised...

Bannerman Mining Resources managing director Werner Ewald says the company is trying to secure funding from investors for the Etango project construction. Ewald said Bannerman Resources has already started the...

The Joint Parliamentary Standing Committee on Natural Resources is concerned that the state has no legal provision to acquire shares in mineral rights except for mineral agreements. A report from...