Shell has filed plans for a multi-well drilling campaign in an ultra-deepwater Orange basin block in South Africa, adjacent to Namibian acreage where the supermajor and TotalEnergies have made some huge discoveries. The UK-based giant is following in the footsteps of TotalEnergies, which looks set to begin wildcatting next yearContinue Reading
Tower Resources, the Africa-focused energy company, highlighted key operational updates in Cameroon and Namibia in its full-year results for the 12 months ending 31 December. In Cameroon, Tower Resources has applied for a one-year extension of the initial exploration period of its Production Sharing Contract (PSC) following positive discussions withContinue Reading
Bannerman Energy has unveiled a new operations team for its Etango Uranium Project in Namibia. Jeff Pipe joins as the new Project Manager, Cindy Fraser as Project Commercial Manager & Andre Alberts continues in the team as Technical Manager. “We are pleased to have a robust & experienced operations teamContinue Reading
Madison Metals has announced the termination of its uranium forward sales agreement with Sanmiguel Capital Investment an arm’s length financial advisory firm assisting with the administration of uranium tokenization. To date, only 2,130 pounds of U3O8 priced at US$68 per pound has been purchased from initial uranium token sales. MadisonContinue Reading
The City of Windhoek has submitted a tariff proposal of 10.4% average increase in electricity to the Electricity Control Board (ECB) for the 2024/25 financial year. This announcement was made during a tariff review presentation organized by the ECB in Windhoek today. City of Windhoek’s Strategic Executive for Electricity, O’BrienContinue Reading
Trustco Group Holdings Limited has announced that Meya Mining, in which Trustco’s mining portfolio holds a 19.5% interest, and is located within the eastern province of Sierra Leone, has released promising findings from a diamond resource estimate for the Meya River Kimberlite Dyke. The report confirms the total kimberlite oreContinue Reading
Green Enterprise Solutions (Green), a leading provider of Information and Communication Technology (ICT) has announced its participation as a Gold Sponsor at this year’s highly anticipated ICT Summit. The summit is scheduled to take place from 09 to 11 September 2024 in Windhoek. The Minister of ICT, Emma Theofelus, madeContinue Reading
Her Worship, Vanessa Stanley has been appointed a Chief Magistrate. Stanley was appointed on recommendation of the Magistrates Commission, effective 01 June 2024. Prior to her appointment as Chief Magistrate, Stanley served as Deputy Chief Magistrate: Training – tasked with the overall responsibility of the training component in the Magistracy.Continue Reading
Discover Airlines has boosted its Munich ops, adding flights to Windhoek, Orlando, Calgary from 2025, making it a top leisure hub. From March 2025, the airline will station two Airbus A330 aircraft in Munich. Already the leading leisure carrier at the hub, Discover Airlines operates five short-haul planes, providing approximatelyContinue Reading
The majority of TSX- and NYSE-listed Osino Resources Corporation’s shareholders have voted in favour of Chinese miner Yintai Gold’s buyout of Osino at a cash consideration of C$1.90 apiece. The companies are now working to obtain approvals from regulatory authorities in Namibia and China. Osino expects the C$368-million, or $272.3-million,Continue Reading
