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 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.

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 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.

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