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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September 24, 2023
Mining (305)
Dundee Tsumeb misses its 2022 target
January 11, 2023
Dundee Precious Metals has announced that its Tsumeb smelter in Namibia has missed its annual processing target for 2022.
The Ministry of Mines and Energy's Petroleum Commissioner, Maggy Shino, is set to lead discussions on investment opportunities in Namibia's energy sector at the Invest in African Energy Reception later this month in London.
AfriTin shareholders approve name change to Andrada Mining
January 06, 2023
AfriTin Mining shareholders approved a resolution on Thursday to change the company's name to Andrada Mining Ltd.
The Ministry of Agriculture, Water and Land Reform has refused to grant Uranium One, a subsidiary of Russia’s Rosatom, which was granted exploration rights in 2019, a water use permit required for mining, saying the company failed to prove its uranium extraction method would not cause pollution.
AfriTin in record production following plant expansion
December 26, 2022
AfriTin Mining says it has recorded a ramp-up in production at its expanded Uis Mine processing plant, a development that has seen its November 2022 production exceeding target by 20%.
Namibia rare earth project targets 2026 production
December 21, 2022
Broadmind Mining expects its Eisenberg rare earth minerals project to start production in 2026, its Executive Chairperson Sidney Martin has said.
Trevali finds buyers for Rosh Pinah mine
December 18, 2022
Appian Natural Resources Fund III LP and Appian Natural Resources (UST) Fund III LP have emerged as winning bidders for Trevali Mining Corporation’s 90%-interest in Rosh Pinah Mine.
Osino’s N$150m raise for Namibia gold mine closes
December 12, 2022
Canadian gold exploration and development company, Osino Resources Corporation, has closed its non-brokered private placement of N$150 million.
Bannerman requires N$5.6bn for Etango 8 project preproduction
December 11, 2022
Bannerman Energy says it would require more N$5.6 billion (US$320 million) in pre-production funding after a definitive feasibility study (DFS) into its Etango 8 uranium project, in Namibia, has confirmed the project’s economic viability.
Trigon secures N$378.2m for Kombat Mine
December 09, 2022
Trigon Metals Inc has received the remaining N$378.2 million as part of a definitive agreement it entered with Sprott Private Resource Streaming and Royalty (B) Corp. and Sprott Mining Inc. for its Kombat Mine in Namibia.
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AfriTin Mining is seeking a name change to Andrada Mining, a move the company said is reflective of its expansion into lithium and tantalum resources, alongside its existing tin production, in the country.
AfriTin Mining says its latest exploration drill results from five further holes drilled during its ongoing exploration for lithium and tantalum at the Uis mine in Namibia contain the highest average lithium grade.
BoN’s Eiseb seconded to Mines Ministry as ED
December 04, 2022
The Bank of Namibia (BoN) has seconded its Exchange Control and Legal Services Director, Bryan Eiseb, to the Ministry of Mines and Energy to act as the Ministry’s Executive Director for a period of seven months.
Namibian Marine Phosphate (NMP) says it has completed a final environmental- and social-impact assessment (ESIA), which includes the current and best available scientific data for the area in the ocean where it intends to mine phosphate.