Shares of Australian uranium development company Bannerman Energy which is developing the Etango-8 project in Namibia have started trading on the OTCQX in the United States after being upgraded from the OTCQB.

Trigon Metals has suspended mining operations at Kombat Mine as it revises its mine plan to reduce operating costs.

Namibia's economic performance continues an upward trend, recording a positive growth of 5.3% in the first quarter of 2022 compared to a decline of 4.9% registered in the corresponding period last year, the Namibia Statistics Agency (NSA) announced on Thursday

Canadian gold mining firm, Osino Resources, is expecting to inject N$4.6 billion (US$300-million) to kick start its Namibia Twin Hills mining project next year.

Namibia’s uranium mining sector is expected to register positive growth in 2023 according to the Bank of Namibia (BoN).