News

Trigon Metals has lowered the offer for the sale of its 80% shares in Kombat Mine from US$30 million to US$24 million. The buyer, Horizon Corporation, will pay off in...

Custos Energy has announced the completion of the previously announced farm-in by Chevron Namibia Exploration II Limited, a subsidiary of Chevron, into Petroleum Exploration License 82.  The transaction provides for an 80% participating interest...

African Pioneer has announced fundraising of £420,000 from existing shareholders and new investors to facilitate the advancement of the Ongombo copper-gold project in Namibia. The Ongombo copper-gold project is 20...

Andrada Mining has updated the mineral resource estimate for the Uis Tin Mine announced on 6 February 2023 and incorporated analytical results from the final 16 drill holes of the 2022...

Africa Oil Corp. says its investee company, Impact Oil & Gas Limited, has reported encountering black oil on the Tamboti-1X well in the Orange Basin. The Tambuti-1X well is within 85m...

Elevate Uranium's U-pgrade™ demonstration plant will be operational in Namibia at the Koppies project by late 2025. The company started pre-development activities to demonstrate the value of its proprietary U-pgrade™ beneficiation...

Impact Oil & Gas has paid Africa Oil Corp. a dividend of US$31.6 million from a shareholding of 39.5% in Blocks 2912 and 2913B offshore Namibia. Africa Oil has an indirect...

TotalEnergies has projected a reduction of 10,000 barrels per day from its Namibian operations. The company operates two offshore exploration licenses in the Orange Basin: Blocks 2912 and 2913B. The...

Celsius Resources has agreed on the terms of a non-binding agreement with Stewardship Investments concerning the disposal of its 95% stake in the Opuwo Cobalt Project. The Opuwo Cobalt-Copper Project...

Pancontinental Energy is now focused on two primary exploration leads within the Saturn Complex that cover a combined area of up to 1,385 km2 across PEL 87 in the Orange...