Developer of the Etango-8 Uranium project in Namibia, Bannerman Energy has started share trading on the OTCQX in the US, after having been upgraded from the OTCQB. The company, which will continue to trade under the OTC market symbol BNNLF, said on Wednesday that the approval to trade on theContinue Reading
Canada-based Osino Resources is contemplating a N$6.4 billion gold mine in Namibia, which will produce about 200 000 oz/y at an all-in sustaining cost of N$15 700/oz. This is according to the Twin Hills project prefeasibility study (PFS), the results of which were announced on Tuesday. The PFS calculated aContinue Reading
This year’s edition of African Energy Week (AEW) 2022 will feature an Invest in Namibia side event, a forum dedicated to emerging investment opportunities across the Namibian energy landscape. Representing one of Africa’s emerging oil and gas producers as well as upcoming green hydrogen giant, Namibia’s energy landscape is ripeContinue Reading
Financially troubled Trevali Mining has suspended operations at its Caribou mine, in Canada, and placed the expansion of its Rosh Pinah mine, in Namibia, on hold, as the miner filed for protection from its creditors. Trevali was on Friday granted an initial order for protection from the British Columbia SupremeContinue Reading
Deputy minister of industrialisation and trade, Verna Sinimbo has highlighted that it is imperative for Namibian business communities to prepare and take full advantage of the benefits offered under the African Continental Free Trade Area (AfCFTA). Sinimbo who last week was speaking during the awareness campaign of the AfCFTA notedContinue Reading
Following the covid-19 pandemic, which halted events and made large-scale activities worldwide difficult, the Namibia Biomass Industry Group (N-BiG), the Charcoal Association of Namibia (formerly known as the Namibia Charcoal Association (NCA), and the Namibia University of Science and Technology (NUST), will host a two-day Biomass Fair comprising of aContinue Reading
Base metals miner Trevali warned on Monday that its liabilities exceeded its assets and that it would not be able to make a mandatory payment of N$122 million on a revolving credit facility this week. This comes as the company has faced several setbacks, including a flooding event that shutteredContinue Reading
In a historic milestone, in its final report delivered on the 3rd August 2022, the Arbitration Panel’s Ruling on the dispute between the European Union (EU) and the Southern African Customs Union (SACU) member states, secures a landmark victory for the SACU poultry industry. The dispute was initiated by theContinue Reading
Wet-Landed Horse Mackerel Association’s chairperson, Jason Angala has said that their sector, which processes fish on land and employs more than 80% of the total workforce in the Horse Mackerel industry, is under tremendous pressure. The frozen on board sector provides less than 20% direct employment opportunities but enjoys theContinue Reading
As of 2nd August 2022, the German Embassy will again receive the applications for Schengen visas (short-term stay up to a maximum of 90 days) directly at the consular section, the Embassy has said. Applications for visas can thus only be submitted to the service provider TLS until 29th JulyContinue Reading
