Mining

Mining (242)

Canadian gold miner B2Gold’s Otjikoto Mine which is currently undergoing a phased closure due to depleted resources, produced 38,491 ounces of gold in the first quarter of 2023, an increase from 35,061 produced prior year.

Andrada Mining Limited has appointed Gida Nakazibwe Sekandi as a Non-Executive Director, effective immediately.

The Chamber of Mines says it is fairly pleased with Namibia's improved mining performance after the country recorded upgraded rankings on the global investment destination index.

Trigon Metals Inc has announced the successful first mining blast and official restart of mining operations at its Kombat mine open pit in Namibia, ahead of initial projections. 

Namibia's state-owned diamond company, Namib Desert Diamonds (NAMDIA), will see the continuation of its current board of directors for another three years.

Madison Metals and an undisclosed vendor have agreed to extend the closing of the Khan project agreement, which covers mining licence (ML) 86A and exclusive prospecting licence (EPL) 8905 in Namibia.

Women in Oil, Gas, and Energy Network (WOGEN) Namibia, an initiative aimed at promoting gender diversity and empowering women professionals in the oil, gas, and energy sector has been launched.

Namibia's mining sector profitability declined by 142% last year owing to cost pressures from mounting local and imported inflation which far outweighed revenue gains from a weaker exchange rate, an official has said.

Zebra Kasete, the Vice President and Managing Director of Dundee Precious Metals Tsumeb, has been elected as the new president of the Chamber of Mines of Namibia during the organization's annual general meeting, held on Wednesday.

Namibia’s rough diamond production increased by 37% to 0.6 million carats in the first quarter (Q1) of 2023,  primarily driven by the contribution from the Benguela Gem vessel, which commenced production in March 2022, De Beers data released on Tuesday shows.