The Brief is an online news portal and going source with a focus on the Namibian business sector, current affairs, companies and financial markets.
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June 10, 2023
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 restarts mining operations at Kombat
May 10, 2023
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.
NAMDIA board reappointed for another 3-year term
May 08, 2023
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.
Mining sector profitability drops by 142% in 2022, mines pump N$16.82bn through local procurement
April 26, 2023
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 elected as new Chamber of Mines president
April 26, 2023
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 diamond production surges by 36% in 3 months
April 25, 2023
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.
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The Chamber of Mines is optimistic about job opportunities in the country’s mining sector despite retrenchment plans announced by gold miner, B2Gold, which recently announced a phased closure of its Otjikoto mine beginning in the first quarter of 2024.
South Africa's Department of Mineral Resources and Energy has granted TotalEnergies environmental authorisation to conduct exploratory drilling off the country's southwest coast.
Langer Heinrich restart on track, 600 workers mobilised
April 20, 2023
ASX-listed Paladin Energy said its Langer Heinrich uranium mine in Namibia is on track to restart operations in the first quarter of 2024 and within a budget of N$2.1 billion.
Germany says it is willing to assist Namibia, among other nations with vast lithium reserves, to set up a local lithium processing infrastructure.
