Upstream uranium mining and exploration company Madison Metals has discovered high-grade uranium mineralisation at Anomaly 5, located within the company’s Khan project at Madison West in Namibia’s Erongo uranium province. These findings, which include a surface sample of 8.47% triuranium octoxide (U3O8), signal an expansion of new uranium mineralisation, extendingContinue Reading
Significant light oil discoveries at the Mopane 1-X well in Namibia’s Orange Basin have put the region in the spotlight. Sintana Energy Inc CEO Robert Bose discussed the significance of two recent discoveries by Portuguese energy giant Galp on blocks governed by Petroleum Exploration License 83 (PEL 83). Sintana EnergyContinue Reading
E-Tech Resources Inc. has provided an update on the 2023 exploration activities on its 100%-owned Eureka project on Exclusive Prospecting License (EPL) 6762 in Namibia highlighting that the new data obtained from the late 2023 exploration program indicates that there is likely to be a multifold repeatability of the knownContinue Reading
Bank Windhoek is a genuine relationship bank, a conduit for young women and their dreams to deliver real value for Namibians and their future. This statement was shared by Bank Windhoek’s Head of Strategic Communication, Hayley Allen, at the first training sessions of the 2024 Katuka Mentorship Programme hosted atContinue Reading
According to the Namibia Statistics Agency (NSA), petroleum oils contributed the most to the trade deficit observed in December 2023, with an import bill totalling N$3.0 billion. This was followed by fertilizers, which accounted for a deficit of N$444 million, and motor vehicles for the transportation of goods, with aContinue Reading
In anticipation of being granted a mining licence, Bezant Resources continues with exploration on its 70%-owned Hope and Gorob copper/gold project in central Namibia. The company has also submitted a social and environmental impact assessment to interested and affected parties for comments. The current mineral resource estimate (MRE) indicates viabilityContinue Reading
…as President Mbumba effects changes to the Executive President Nangolo Mbumba has made key changes to his Executive with works minister John Mutorwa being appointed deputy prime minister while Peya Mushelenga is the new minister of international relations. Mutorwa also retains his works portfolio. ICT deputy minister Emma Theofelus isContinue Reading
In terms of Article 32 (3) (i) (dd) of the Namibian Constitution, President Nangolo Mbumba appointed today 9 February 2024, Emma Theofelus as Minister of Information and Communication Technology. As Minister, Theofelus is expected to strengthen the foundation for the accelerated use and development of ICT and ensure the inter-operability/comparabilityContinue Reading
Diamond producer De Beers reported that its 2023 fourth-quarter rough diamond production in Namibia decreased by 4% year-on-year to 600 000 ct, owing to marginally lower grades at the land operations. Overall, production decreased by 3% year-on-year to 7.9-million carats, primarily owing to the planned reduction in South Africa asContinue Reading
Upstream uranium mining and exploration company Madison Metals has discovered high-grade uranium mineralisation at Anomaly 5, located within the company’s Khan project at Madison West in Namibia’s Erongo uranium province. These findings, which include a surface sample of 8.47% triuranium octoxide (U3O8), signal an expansion of new uranium mineralisation, extendingContinue Reading
