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March 22, 2023
Mining (197)
Namibia’s diamond production up 33% as Benguela Gem shines
October 27, 2022
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.
Afritin plans to go bigger with lithium production
October 27, 2022
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 inks N$680m streaming deal with Sprott for Kombat
October 26, 2022
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.
NAMDIA profits surge by over 900% to N$144.7m
October 24, 2022
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.
Northern Graphite appoints Namibian Sam Januarie HR VP
October 23, 2022
Canada listed Northern Graphite has appointed Namibian Sam Januarie Vice President Human Resources (HR).
Namibia halts lithium ore exports to China
October 20, 2022
Mines and Energy Minister Tom Alweendo has temporarily banned Chinese firm Xinfeng Investment from exporting Lithium Ore to China until investigations are completed.
B2Gold banks on Wolfshag mine to boost gold production
October 19, 2022
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.
Debmarine’s Benguela Gem wins top awards
October 16, 2022
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.
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ReconAfrica donates medical equipment worth N$6.8m
October 11, 2022
Reconnaissance Energy Namibia, the Namibian subsidiary of ReconAfrica has donated medical equipment worth N$6.8 million to the Ministry of Health and Social Service.
Sperrgebiet Diamond Mining deal details emerge
October 11, 2022
Global Emerging Markets Group (GEM) is reported to have paid close to a billion Namibia dollars according to Bloomberg for a 78% shareholding in Sperrgebiet Diamond Mining after an equity transaction with founding Namibian shareholders, Lewcor Holdings and its minority partners, David Sheehama and MSF Commercials as part of a capital raising initiative.
Namibia records positive, semi-annual rough diamond production
October 07, 2022
The diamond industry was affected by slow discoveries, sales and exports during the Covid-19 pandemic period. In 2020, Namibia produced a total of 1,549,732 carats and 1,762, 905 carats in 2021.
Willy Mertens appointed new Debmarine Namibia CEO
October 06, 2022
Debmarine Namibia has announced the appointment of Willy Mertens as its new Chief Executive Officer, with effect from 1 November 2022.
Mertens will succeed Otto Shikongo, who retires from the business at the end of this year, and has been at the helm of the marine diamond mining company since 1 January 2004.