Depositary receipts taking hold in Africa

Depositary bank the Bank of New York Mellon (BNY) is currently in discussions with the Namibian Stock Exchange to list its first Namibian depositary receipt (DR) and, if successful, this could lead to the listing of five more Namibian DRs.

Otjikoto’s drill programme expanded

Canadian resource company Auryx Gold reports that it will expand its Otjikoto gold deposit drill programme, near Otavi in Namibia, for its initial 12 month plan from July 2010 to June 2011, from 25 000 m to 42 000 m.

Minemakers plans dual listing on NSX

ASX-listed Minemakers has applied for a dual listing on the Namibian Stock Exchange (NSX), the company reported on Thursday. It said a NSX listing would recognise the importance attached to the Namibian marine phosphate projects that it was...

Uranium explorer Xemplar appoints president

Vancouver-based Xemplar Energy, which is exploring for uranium in Namibia, has appointed William J Harley as president, effective immediately. The position has been filled on an interim basis by director, and chairperson of the Namibian Stock...

On-The-Air (04/04/2008)

In the broadcast: Chamber of Mines president Sipho Nkosi declared SA to be in the midst of a "national skills crisis"; Metals mined in the DRC in the spotlight; Namibia has a new status.

Coal bid winner must build power station, DRC 'clean' metals initiative backed, fifth uranium listing on Namibian exchange

A sign of the times is that the successful bidder for Zambia’s largest coal producer, Maamba colliery, will be required to construct a 350-MW thermal power station, necessitated by the copper-mining boom causing an energy crisis. Read on...

Fifth uranium explorer to list on Nambian stock exchange

Australian-based uranium mining junior Bannerman Resources plans to list on the Namibian Stock Exchange (NSX) on April 2, as Mining Weekly predicted in February.

Bannerman makes NSX debut

Uranium explorer Bannerman Resources was formally admitted to the Namibian Stock Exchange on Wednesday, under the symbo BMN, the company said in a statement.

Another uranium junior heads for the Namibian bourse

Australian-based uranium mining junior Bannerman Resources plans to list on the Namibian Stock Exchange (NSX) on April 2, it said on Thursday. This would make miner the fifth uranium firm to trade its shares on the Namibian bourse, following the...

Aussie uranium company lists on Namibian Stock Exchange

Australian-quoted Paladin Energy has listed on the Namibian Stock Exchange (NSX), becoming the fourth uranium firm to do so.

Australian uranium exploration company lists on Namibian exchange

Australian-listed uranium exploration company Deep Yellow last week listed on the mining section of the development board of the Namibian Stock Exchange. It is the 41st company to list on the Namibian bourse, and the third on the DevX. The company...

Canadian uranium explorer to trade on Namibian bourse

TSX-listed uranium development and exploration company Forsys Metals will begin trading on the development board of the Namibian Stock Exchange on December 11, under the symbol FSY, the company announced on Wednesday. Forsys will be only the...