Mining (197)

Namibia has recorded a 33% increase in diamond production for the third quarter of 2022 (Q3) having produced 531,000 carats of diamonds from 399,000 the previous year, latest figures shared by global mining giant Anglo American show. 

Earlier this month, Afritin took another significant step towards upgrading the already impressive production at its Uis tin mine in Namibia.

An Australian-listed company, Askari Metals, has signed a binding agreement with LexRox Exploration Services to acquire a 90% interest in the Uis lithium, tantalum and tin project in Namibia. 

Trigon Metals Inc. has signed a definitive agreement with Sprott Private Resource Streaming and Royalty Corp. and Sprott Mining Inc. for a N$680 million copper stream for its Kombat Mine in Namibia.

Namibia Desert Diamond (NAMDIA)’s after-tax profits surged by 988% to N$144.7 million in the 2021/2022 financial year up from N$13.3 million recorded in the previous corresponding period. 

Canada listed Northern Graphite has appointed Namibian Sam Januarie Vice President Human Resources (HR).

Mines and Energy Minister Tom Alweendo has temporarily banned Chinese firm Xinfeng Investment from exporting Lithium Ore to China until investigations are completed. 

B2Gold’s Otjikoto gold mine in Namibia produced 35,068 ounces in Q3 2022, lower than planned mainly due to delays in bringing the Wolfshag Underground mine into production. 

B2Gold Namibia has returned to full production after it reinstated approximately 160 workers who were suspended after embarking on an unsanctioned industrial action. 

The general treatment plant mining facility onboard Debmarine Namibia’s mining vessel Benguela Gem was announced the overall winner of the 2022 Southern African Institute for Steel Construction (SAISC) Awards.