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Mining (311)

Namib Desert Diamonds (NAMDIA) says the emergence of synthetic diamonds does not threaten the viability of the country’s diamonds in the sector. 

The Namibia Investment Promotion and Development Board (NIPDB) has courted American investors to invest in the Namibian mining sector.

Osino Resources has announced plans to forge partnerships within the gold industry, specifically with the Otjikoto and Navachab mines, as it works towards the development of its Twin Hills gold project.

Dundee Precious Metals Tsumeb (DPMT) has commissioned its first-ever waste management facility, which will assist the copper smelting company in segregating and sorting waste at the source.

Silicon Valley-based start-up, KoBold Metals has set its sights on Namibia, seeking deposits of critical metals akin to its successful Mingomba project in Zambia. 

Askari Metals Limited says it is targeting the acquisition of additional licences in Namibia's Cape Cross-Uis Pegmatite belt as part of its expansion plans.

Chris Griffith has been appointed CEO of Vedanta Resources' Base Metals unit and President of its International Businesses, including Namibia, with effect from October 2,2023.

A state-backed Saudi venture is looking at buying stakes in mining assets worth US$15 billion in Namibia, among other African countries such as the Democratic Republic of Congo and Guinea, the Wall Street Journal has reported. 

The southern mining town of Rosh Pinah is facing serious investment challenges, as investors seem to have lost trust in the economic viability of the area post mine closure.

Uranium One Group subsidiary, Headsprings Investment, which has been actively exploring the Omaheke Region, has projected an annual revenue of N$6.6 billion for the next 25 years. 

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