News

An Australian exploration company, Oar Resources Limited, has agreed to acquire a 100% interest in two Namibian greenfield uranium EPLs, 9725 and 9652, from Bullrun Capital, Cityscape Asset Pty Ltd...

Osino Resources says the Yintai Gold transaction is on track to close in the first half of 2024. The transaction involves Yintai Gold's acquisition of Osino Resources for N$5 billion...

Reconnaissance Energy Africa will now be able to drill its first well, Prospect L, in the Damara Fold Belt after raising N$238 million (C$17.25 million) from selling 19,166,705 at C$0,90...

Gratomic Inc. executive chairperson Bruno Baillavoine says the Aukam Graphite Project will produce within four months if they receive funding. The Canadian company is developing the Aukam Graphite Project in...

Paladin Energy Ltd says it has archived uranium concentrate production and drumming at the Langer Heinrich Mine on March 30, 2024. The focus will shift to production ramp-up and building...

Namibia’s oil and gas sector is still looking forward to reaching the production phase — S&P Global analysts don’t anticipate Namibia's first oil to come until 2029, and the country’s...

Koryx Copper Inc. has raised N$21 million (C$1.505.250) through a private placement to explore further projects in Namibia and Zambia and for general working capital. The company offered 23,157,692 units...

Snow Lake Resources Ltd. has initiated the preliminary stages of its 2024 exploration program on the Engo Valley Uranium Project in Namibia. The Engo Valley Uranium Project is on the Skeleton...

Andrada Mining says processed tin ore at its Uis Tin Mine increased by 60% year-on-year to 915 599 tonnes, while tin concentrate production increased by 54% to 1 474 tonnes...

Forsys Metals Corp has started the 2024 drilling program at its Valencia Uranium Project in Namibia. The Valencia Uranium Project under mining licence 149 is part of Forsys Metals, Norasa...