Mining & Energy
Stay informed on Namibia's mining and energy sectors. The Brief delivers updates on mineral exploration, energy projects, policies, and innovations.
NAMCOR data credited for major oil discoveries
The National Petroleum Corporation of Namibia (NAMCOR) says its data was instrumental in the significant oil...
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Govt earmarks N$400 million for NamPower Otjikoto Biomass project
The government has made a budget allocation of N$400 million for the development of the 40-megawatt...
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Namibia increases Energy Fund levy, keeps March fuel prices unchanged
The Ministry of Mines and Energy has increased the National Energy Fund Levy by 50 cents...
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Limited local funding appetite prompted Osino to seek external funders – founder
Osino Resources Corp (Osino) says limitations of the Namibian domestic market in securing funding from local...
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Namibia Hydrogen Fund Manager secures N$19.2m funding
Namibia Hydrogen Fund Managers (Pty) Limited has secured a grant of nearly N$19.2 million (US$1 million) from the...
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Lepidico’s Karibib project achieves N$244m cost savings
Lepidico says the expected cost of the Karibib project has been lowered by approximately 20%, equivalent...
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China’s Yintai Gold to acquire Osino in N$5.3bn cash deal
Chinese company Yintai Gold Co Ltd is set to acquire Osino Resources Corp. in a N$5.3...
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B2Gold invests N$1.1 billion in Otjikoto Mine
B2Gold Corp committed around N$1.1 billion in its Otjikoto Mine for the 2023 financial year. B2Gold...
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Sintana ranked #1 2024 TSXV 50 Energy firm with Namibia oil discoveries
Sintana Energy Inc. has been named to the TSX Venture (TSXV) 2024 Venture 50TM ranking, emerging...
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Namibia’s Local Content Policy mandatory for petroleum industry
The government says complying with the National Upstream Petroleum Local Content Policy is mandatory for potential...
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