The recent increase in uranium prices may offer some respite for existing producers and optimism for potential developers. However, it is important to note that a significant number of projects are still economically uncertain. Merely increasing prices is insufficient to initiate and commence initiatives. Factors such as bureaucracy, jurisdiction, communityContinue Reading
Oliver Quinn, CCO of Canadian oil and gas company Africa Oil Corp., has said that Namibia is a world-class hydrocarbon province, which is encouraging despite its early days. Speaking at an Invest in African Energy reception in London recently, Quinn further emphasised the need for this industry to benefit locals.Continue Reading
Junior explorer Noronex has secured an earn-in agreement and strategic alliance with a wholly-owned subsidiary of South32 to accelerate copper exploration in Namibia. South32 has committed to fund N$273 million in exploration over five years at Noronex’s Humpback-Damara project in the Kalahari copper belt and will earn up to 60%Continue Reading
Aldoro Resources has lauded the efforts of independent mineral processing firm Bureau Veritas Minerals after metallurgical test work on mineralisation from the Kameelburg carbonatite project in Namibia generated niobium recoveries of 62.4%. These results are in line with recoveries achieved by developing mining explorers and producers in the global niobiumContinue Reading
Reconnaissance Energy Africa has announced that it has signed a letter agreement, for a strategic farm down of Petroleum Exploration Licence 73, onshore Namibia with BW Energy Limited, for a 20% working interest. In connection with the Letter Agreement, BW Energy has agreed to a strategic equity investment in theContinue Reading
Managing Director of Monasa Advisory & Associates and Chairperson of Economic Association of Namibia, Jason Kasuto joined a panel discussion at the Namibia Chamber of Commerce and Industry’s (NCCI) Namibia Business Symposium held at the Walvis Bay Port this past week. Under the theme “Championing Namibia’s Local Content for Diversity,Continue Reading
The Communications Regulatory Authority of Namibia (CRAN) is hosting the African Telecommunications Union (ATU) meetings from 15 to 19 July 2024. These meetings include the 1st African Preparatory Meeting (APM26-1) for the International Telecommunication Union (ITU) Plenipotentiary Conference in 2026 (PP-26) and the 2nd African Preparatory Meeting for the ITUContinue Reading
In the first half of 2024, a total of 6,361 units were sold, slightly below the 6,441 units sold in the same period of 2023 but surpassing prepandemic levels, a report by Simonis Storm revals. In June 2024, vehicle sales increased to 993 units from 966 units in May 2024,Continue Reading
Artisans de Genève has carved a niche in the world of haute horology with its daring customizations of iconic timepieces. Unlike traditional watch modifiers, Artisans de Genève operates with the full approval and collaboration of renowned watch brands, ensuring each transformation is both meticulous and respectful of the original craftsmanship.Continue Reading
Business Scout for Development Christina Pfandl has spoken about Namibia possibly being an underestimated sourcing market for fresh produce in southern Africa. In a recent presentation, Pfandl noted that although Namibia is a net importer of fresh produce, it has some untapped competitive advantages worth exploring. “Namibia produces fruit andContinue Reading
