News

The proposed amendments to the Petroleum (Exploration and Production) Act of 1991 set out an expanded, centralised mandate for a new Upstream Petroleum Unit, which will oversee licensing, regulation, data...

Andrada Mining has fulfilled the key conditions required to trigger a US$10 million (about N$190 million) initial investment from BWCAM Limited, formally moving the Brandberg West project from agreement into...

Tower Resources chief executive officer Jeremy Asher says engagement with Namibia’s national oil company has resumed, with Namcor confirming it is back to work on due diligence and documentation linked...

ILC Critical Minerals Ltd is seeking to raise CAD$450,000, equivalent to about N$6.1 million, earmarked as the final net payment to acquire Lepidico (Mauritius) Ltd should the option be exercised....

Khorixas Gold Project is positioned as the flagship of Great Quest’s reverse takeover and the rebranding to Ongwe Minerals Inc., backed by a war chest of about N$90 million. The...

Noronex Limited has moved to acquire a 51% stake in the Etango North Uranium Project in Namibia after exercising its option under an earn-in agreement, committing N$1.5 million to secure...

Arcadia Minerals has granted Hongkong Xinhai Mining Services Limited an option to earn up to 70% of the Swanson Tantalum Project through a staged farm-in that links equity to a...

88 Energy reveals that pre-risking is underway at PEL 93, where the company holds a 20% working interest, following regulatory approval for a licence extension and the rollout of a...

Celsius Resources says several parties continue to undertake due diligence on its Opuwo Cobalt Project in north-western Namibia after accessing the project data room, although no binding transaction has yet...

Connected Minerals is reviewing surface and drilling results from its maiden reverse circulation drilling programmes at both its Swakopmund Project and Etango North-East Project as it plans future exploration. The...