Uranium mining and exploration company Madison Metals has announced a private placement of units at a price of C$0.40 each for aggregate gross proceeds of up to C$500 000 (about N$6.8 billion). Each unit will comprise one common share in the capital of the company and one-half of one common shareContinue Reading
Uranium explorer Deep Yellow is making strides towards extending the mine life of its Tumas project to a targeted 30 years, with a recent drill programme unearthing additional resources to prolong the current life-of-mine (LoM). The primary objective of the reverse circulation resource expansion and infill drilling programme completed toContinue Reading
Namibian start-up Kelp Blue which is based in Luderitz has won the Zayed Sustainability Prize, the United Arab Emirates’ pioneering global sustainability and humanitarian award which was announced at COP 28. Kelp Blue was finalist in the new climate action category, introduced to mark the UAE’s ‘Year of Sustainability’ andContinue Reading
The festive season is finally here, and most people are looking forward to finally spending much needed time with their families as well as getting in some long overdue rest. “It’s a joyous time of the year, were people exchange gifts, travel and spoil themselves with one or two expensiveContinue Reading
Trigon Metals Inc has announced that Rennie Morkel has been appointed President and COO of the Company as Jed Richardson transitions to the role as Executive Chairman. Rennie Morkel is a Namibian Permanent Resident who is a Chartered Accountant with qualifications from Ernst & Young South Africa and brings 19Continue Reading
To emphasise Namibia’s adaptation strategies in addition to climate mitigation efforts with the aim of showcasing their commitment to climate action towards achieving global goals, RMB Namibia and Capricorn Group will join forces at the COP28, in a panel discussion focusing on Innovative Finance for the Just Transition at theContinue Reading
Kaoko Green Energy Solutions and AW-Energy have appointed I.N.K Enviro Consultants to conduct the environmental and social impact assessment (ESIA) for the WaveRoller wave energy pilot project. The news follows the signing of memorandum of understanding (MoU) between Kaoko Green Energy Solutions and Finnish company AW-Energy, to extract renewable energyContinue Reading
The majority of guests at hospitality establishments nationwide predominantly hail from Europe, with Germany, Switzerland, and Austria collectively constituting the largest share of international tourist arrivals at 42.3%. This is revealed in a tourism and hospitality report released by Simonis Storm which also notes that these countries contribute significantly toContinue Reading
Erastus Uutoni the Minister of Urban and Rural Development has called on various stakeholders involved in the delivery of affordable housing to Namibians, to unite in purpose in order to enhance chances of succeeding in this endeavour. He noted that chances for greater success in this quest require unity ofContinue Reading
Completed projects for the month of October for both Windhoek and Swakopmund reached 180, making it the year’s second-highest monthly total and signifying an 89.5% y/y increase from the same month last year, a latest building statistics report released by Simonis Storm reveals. Subsequently, in October 2023, Windhoek and SwakopmundContinue Reading
