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Mining (311)

President Hage Geingob says the Namibian government is taking into consideration the advice of Botswana President Mokgweetsi Masisi to seek a greater revenue share from diamonds sold to De Beers.

Askari Metals, an ASX-listed lithium explorer, has signed a N$42-million (Australian $2.5 million) deal with Zhejiang Huayou Cobalt Co., a Chinese battery metals behemoth.

Andrada Mining expects to complete its lithium bulk-testing pilot facility in June and forecasts tin production to increase in 2023 as a result of the plant expansion.

Growth in Namibia's mining sector is not expected to result in an increase in employment, wage growth, or consumption spending, as the sector only contributes 1.8% to total employment.

Forsys Metals Corp's Valencia Uranium has appointed DRA Mineral Projects to conduct trade-off studies for its Norasa Uranium Project in Namibia.

Uranium One has approached the court, seeking to review a decision by the Ministry of Agriculture, Water and Land Reform not to grant it exploration drilling permits.

Rossing Uranium is planning to construct a 15MW solar plant at its mine in Namibia next year in an effort to reduce energy costs, carbon footprint and dependence on third party energy sources. 

The  High Court has ordered Mines Minister Tom Alweendo to review his refusal to renew the copper project licence of Haib Minerals on EPL 3140 in Namibia.

Canadian company Sintana, together with its subsidiary Custos Investments, has announced an agreement with Woodside Energy for an option to acquire a 56% participating interest in the PEL 87 block offshore Namibia.

Namibia Critical Metals Inc. has signed a Letter of Intent (LOI) with SGS Canada to begin pilot plant testing on a 5-tonne sample from the Lofdal HREE Deposit in Q3 2023.