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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May 30, 2023
Mining (232)
The De Beers Group contributed over N$12.5 billion to Namibia's tax revenue and economy in 2022, the company’s sustainability report has revealed.
Reconnaissance Energy Africa (Recon Africa) has announced that it has acquired additional data as part of ongoing exploration work in Namibia.
Andrada to conclude N$100m DBN loan facility
May 23, 2023
Andrada Mining says its N$100 million senior debt facility from the Development Bank of Namibia (DBN) is expected to reach a contractual close at the end of May 2023 with the potential first drawdown in June 2023.
HB Antwerp eyes Namibia rough diamond deal
May 20, 2023
Belgian gem processing firm HB Antwerp is seeking potential deals to process rough diamonds in African countries, including Namibia.
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.
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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.