Wia Gold has revised its Mineral Resource Estimate (MRE) for its Kokoseb deposit, which forms part of the Damaran gold project in Namibia – bringing the new estimate to a high of 66 million tonnes (Mt) at 1.0 g/t Au for 2.12 million ounces (Moz). The Kokoseb deposit’s size alignsContinue Reading
Shell has racked up yet another hydrocarbon discovery offshore Namibia, although it is too early to say if it is commercial. The Enigma-1X probe is being drilled in the supermajor’s prolific Petroleum Exploration Licence 39 by Northern Ocean’s semi-submersible drilling rig Deepsea Bollsta, which is being managed by Odfjell Drilling.Continue Reading
After losing Angola and other key players, the Organization of Petroleum Exporting Countries (OPEC) has set its eyes on Namibia for possible membership after a significant amount of oil was discovered within its shores. The latest discovery of oil in Namibia would easily make the country the fourth largest oilContinue Reading
By Angelique Peake and Olavi Hangula “Implementing a robust local content policy in the oil and gas industry isn’t just about extracting resources; it’s about empowering local economies and fostering sustainable growth. By prioritising local manufacturing and supporting sectors, we not only fuel industrial development but also cultivate a thrivingContinue Reading
Sanlam has launched its “Extra Roadshow” setting the stage for an extensive stakeholder engagement campaign. The roadshow will traverse key towns including Walvis Bay, Luderitz, and Omuthiya, aiming to educate and engage the public on the financial solutions provided by Sanlam, with a particular emphasis on the newly enhanced benefitsContinue Reading
Pan-African industrial energy group, Oilserv Ltd has set its sights on establishing a footprint in Namibia ahead of first oil production and associated infrastructure development. As a leading provider of oilfield services for clients across the Middle East and Africa, Oilserv has participated in some of the largest gas pipelineContinue Reading
The Ministry of Environment, Forestry and Tourism has said that they are currently engaged in the renovation of three entrance gates to Etosha National Park. The current entrance gates of Anderson, Von Lindqeuist and King Nehale Lya Mpingana will receive a total face lift. In addition to the entrance gates,Continue Reading
The deepening cocoa crisis in major cocoa-producing countries such as Ghana and Côte d’Ivoire is yet to affect Namibia as reflected in recent inflation figures, research experts Simonis Storm have said. It has been reported that that chocolate prices are continuously rising due to a deepening cocoa crisis in majorContinue Reading
Minister of Hydrocarbons of the Republic of Congo Bruno Jean-Richard Itoua will discuss Africa’s gas monetization drive and cross-border collaboration within the sector at the Namibia International Energy Conference (NIEC), taking place in Windhoek on April 23-25. The Republic of Congo represents one of Africa’s leading crude oil producers, withContinue Reading
By Frederick Muller Investing wisely is a fundamental aspect of securing one’s financial future, especially when planning for retirement. However, one often overlooked aspect of investing is the impact of investment fees. In this article, we delve into the basics of investment fees and how they can significantly affect retirementContinue Reading
