Andrada Mining Limited, a metals and mining company with operations in Namibia, has announced the receipt of N$455 million (USD25 million) from Orion Resource Partners, a global resource funding partner. The funding package consists of a tin royalty, an equity subscription, and a convertible loan note, as well as warrantsContinue Reading
…advices Namibian to take advantage Namibia Wildlife Resorts (NWR) is delighted to announce its highly anticipated Black Friday Specials, tailored for all travellers but priced mostly for Namibians eager to explore the beauty of our country’s diverse landscapes and wildlife. As part of NWR’s commitment to making these experiences accessible,Continue Reading
Fabian Shaanika has been appointed as the new Managing Director for Kelp Blue in Namibia, starting in January 2024. Fabian has close to 2 decade’s mining industry experience having worked at four of Namibia’s large mining operations in various technical and managerial roles. He also has half a decade experienceContinue Reading
Bank Windhoek’s Executive Officer of Marketing and Corporate Communication Services, Jacquiline Pack, has announced Samuel Linyondi as the Bank’s Strategic Communication Manager, effective 1 October 2023. Pack said that Linyondi is a qualified and industry-experienced strategic communication professional. She added that he offers an extensive background in all aspects ofContinue Reading
…Former GIPF CEO to commence work in March 2024 The Chairman of the Capricorn Group Board, Gerhard Fourie, has announced the appointment of David Nuyoma as the Group CEO Designate with effect from 1 January 2024 and as substantive Group CEO with effect from 1 March 2024, subject to regulatoryContinue Reading
The Namibia Infrastructure Development and Investment Fund (NIDIF), an infrastructure fund with the mission to develop economic and social infrastructure assets in Namibia and managed by Eos Capital, has invested in acquiring a significant minority stake in the Namibian business of Lightstruck Holdings, a fibre infrastructure company, specialising in openContinue Reading
Momentum Metropolitan Namibia has appointed Angus Mc Nab as its new Head of Distribution for Momentum Corporate. With a rich background spanning almost twenty years in sales management and distribution, Angus is expected to bring transformative changes to the company’s distribution strategies. Angus is a highly experienced professional in theContinue Reading
Monitor Exploration, a privately owned UK-based junior, has struck an N$347 million (US$18.7 million) deal to farm-out a key stake in prospective exploration acreage onshore Namibia where a debut wildcat could be drilled in 2025. The agreement is the latest indication of growing interest in northeast Namibia’s frontier basins where,Continue Reading
Cavendish analyst James McCormack has reiterated a bullish price target for 88 Energy Ltd of 1.1p against a 0.35p publication price. It follows 88 Energy’s first foray into Namibia in a notable expansion of the oil and gas exploration and production company’s footprint. The group signed a deal with MonitorContinue Reading
Namibia- and Canada-focused uranium mining and exploration company Madison Metals has successfully renewed exclusive prospecting licence (EPL) 7011 in the Madison North project area, adjacent to the globally acclaimed Rössing uranium mine in the renowned Erongo uranium province of Namibia. Madison holds an 85% interest in EPL 7011, which isContinue Reading
