R/€ = 16.15 Change: 0.00
R/$ = 14.17 Change: 0.00
Au 1239.98 $/oz Change: -6.65
Pt 789.68 $/oz Change: 0.81


South Africa to align energy plans with SADC gas master plan

By: Terence Creamer     26th June 2018 Energy Minister Jeff Radebe has promised greater alignment between South Africa’s energy plans, included the new Integrated Resource Plan (IRP) for electricity, with a regional gas master plan, which is currently under development within the the 16-country Southern African Development Community... 

Namibia may scrap black ownership requirements for mining companies – minister

By: Reuters     25th April 2018 Diamond and uranium producer Namibia may scrap requirements for black ownership in the mining sector as it seeks to woo investors to an industry that is rebounding with the commodities cycle, its new mines minister said on Tuesday. Regional peers such as Angola and Zimbabwe are also trying to... 

De Beers diamond venture puts Namibian mine on sale

By: Reuters     9th February 2018 Namdeb, a 50/50 joint venture between the Namibian government and Anglo American's diamond unit De Beers, has put the Elizabeth Bay Mine on sale, a company spokesperson said on Friday. The sale comes three weeks after the diamond miner wrote to staff offering voluntary redundancies that will... 

De Beers diamond venture to lay off at least 130 in Namibia – union

By: Reuters     18th January 2018 Namdeb, a joint venture between Namibia's government and Anglo American's diamond unit De Beers, is expected to lay off at least 130 of its 1,700-strong workforce, a union official said on Wednesday. Shavuka Mbidhi, from the Mineworkers Union of Namibia's Oranjemund branch, said the diamond miner... 

De Beers Group Announces Shining Light Awards Finalists For 2016/2017

21st November 2017 Awards support emerging jewellery designers from southern Africa De Beers Group is pleased to announce the nine regional finalists in this year’s Shining Light Awards, which recognise emerging jewellery designers in Botswana, Namibia and South Africa and provide them with a valuable platform to... 

Caterpillar selected to help install solar PV system for Otjikoto

10th November 2017 Gold producer B2Gold has selected capital equipment giant Caterpillar (Cat) and global industrial company Barloworld to install a solar photovoltaic (PV) system at Otjikoto mine, Namibia, which will provide 7 MW of solar power to the mine. “For many years, B2Gold has relied on dependable,... 

Glencore sells zinc mines to Trevali for $400m 

By: Schalk Burger     1st September 2017 Global diversified mining company Glencore has sold its 80% stake of the Rosh Pinah mine, and its 39% interest in the Gergarub project, both in Namibia, as well as its 90% stake of the Perkoa mine, in Burkina Faso, to zinc-focused base metals miner Trevali Mining Corporation for a total... 

Namibia black-ownership plan risks repeating South Africa's errors

By: Bloomberg     29th August 2017 A plan by Namibia, among the world’s most economically unequal nations, to better distribute wealth among its citizens may end up the way neighbouring South Africa’s has – benefiting an elite minority. The nation is working on a law that will require all businesses to be at least a quarter owned... 

Otjikoto mine, Namibia

By: Sheila Barradas     17th March 2017 A gold mine mine located about 300 km north of Windhoek, in Otjozondjupa province, in Namibia.  

Otjikoto mine, Namibia

By: Sheila Barradas     17th March 2017 A gold mine about 300 km north of Windhoek, in Otjozondjupa province, in Namibia.  

Uranium, diamonds present potential amid challenges

By: Kimberley Smuts     24th February 2017 The biggest potential for growth in the Namibian mining industry is uranium, notes professional services firm KPMG Namibia senior partner Robert Grant, highlighting that the country is facing tough economic conditions in addition to the impact of drought. He tells Mining Weekly that this growth... 

Tantalite Valley mine shareholder appoints global supply-chain-savvy CEO

24th February 2017 Aim-listed investment company Kennedy Ventures, a shareholder in the Tantalite Valley mine (TVM), near Warmbad, in Namibia’s Karas region, appointed a new CEO whose knowledge of the international tantalum market is expected to facilitate future investments as the company grows. The company... 

Three main challenges facing sector

By: Johane Turkstra     24th February 2017 There are three main challenges facing the Namibian mining sector: rail services, water shortages and the introduction of policies that could stunt investment. Chamber of Mines of Namibia CEO Veston Malango tells Mining Weekly that these challenges will be key topics of discussion at the... 

30 000 t/y output in three years targeted

24th February 2017 Aim-listed copper mining company Weatherly International is targeting production in Namibia of 30 000 t/y within three years at a production cost of less than $2/lb with minimal capital expenditure (capex). This is according to the company’s November investor presentation in which it notes that... 

Kimberley Process chair supports Namibia’s rough diamond valuation initiative

By: Mia Breytenbach     21st October 2016 As part of his Africa Initiative, United Arab Emirates (UAE) Kimberley Process (KP) chair Ahmed Bin Sulayem met with Namibia Prime Minister Dr Saara Kuugongelwa-Amadhila in Windhoek, to discuss Kimberley Process-related matters focusing principally on initiatives regarding rough diamond valuation... 

New Namibian uranium mine says to start production next month

By: African News Agency      29th September 2016 Swakop Uranium has announced that production at its Husab mine in Namibia would commence late next month. Local media reports said the planned operationalisation of the mine was disclosed by company CEO Zheng Keping when he paid a courtesy call on VP Nickey Iyambo in Windhoek on Wednesday. 

Brief history of 15th ICG, the first to be hosted in Africa

By: Jade Davenport     19th August 2016 The City of Cape Town is set to host the thirty-fifth International Geological Congress, the most prestigious of geoscientific conferences held every four years, between August 27 and September 4. While it is certainly an exciting occasion for South Africa, it is interesting to note that the... 

Unsustainable use of revenue from once booming phosphate sector haunting Nauru

By: Ilan Solomons     24th June 2016 The entire topside of the island of Nauru, in the Central Pacific, has largely been mined out and requires extensive rehabilitation, says Asian Development Bank (ADB) economist Roland Rajah. The tiny island nation, with a population of about 10 700 residents on an area of about 21 km2, has... 

Unsustainable use of revenue from once booming phosphate sector haunting Nauru

By: Ilan Solomons     24th June 2016 The entire topside of the island of Nauru, in Micronesia, in the Central Pacific, has largely been mined out and requires extensive rehabilitation, says Asian Development Bank (ADB) economist Roland Rajah. The tiny island nation, with a population of about 10 700 residents over 21 km2, has... 

Lift truck company appoints Namibian dealer

By: Kimberley Smuts     27th May 2016 Materials handling equipment solutions provider Goscor Lift Truck Company (GLTC) has signed a three-year contract with Windhoek-based equipment and machinery supplier Barex Equipment, appointing the company as its new dealer in Namibia. Namibia is home to gem-quality rough diamonds, uranium... 

Australia’s GB Energy to acquire lithium project in Namibia

By: Samantha Herbst     19th May 2016 In line with its strategy of targeting minerals critical for the future of the energy environment, ASX-listed GB Energy has entered into an option agreement with an unnamed South African company which, if exercised, provides the GB Energy with the right to acquire a 70% stake in Namibia’s... 

‘Painful measures’ needed to make diamond beneficiation viable in Namibia

By: Ilan Solomons     19th February 2016 If Namibia wants to acquire a commercial advantage in diamond processing then it will have to pay the cost of doing this, as it will require investment and substantial sacrifice by the population, says nongovernmental research organisation Botswana Institute for Development Policy Analysis senior... 

B2Gold reports fatality at Namibian mine

By: Henry Lazenby     23rd January 2016 Vancouver-based gold producer B2Gold on Friday reported that death of an employee at the Otjikoto mine, in Namibia, which declared commercial production early last year. The machine operator was injured at the mine in December and passed away this morning from injuries sustained from the accident... 

Concerns raised about future of Namibian diamond sector

By: Ilan Solomons     22nd January 2016 The diamond mining industry in Namibia has come a long way in a very short time but is currently faced with major sustainability challenges, stated Namibian diamond cutting and polishing company Hard Stone Processing MD Burhan Seber. He was speaking at the second International Diamond Omugongo,... 

Lack of credit financing stymies diamond sector development

By: Ilan Solomons     22nd January 2016 The rapid erosion of the credit financing of the diamond beneficiation sector, which is heavily dependent on such credit is significantly hamstringing the industry, said diamond manufacturing and distribution company Lazare Kaplan International board of directors chairperson Maurice Tempelsman.... 

Diamond sector described as ‘industry in crisis’ at Namibia indaba

By: Ilan Solomons     15th January 2016 The second International Diamond Conference brought together more than 150 worldwide stakeholders, Ministers, industry experts, academics, business leaders and manufacturers to discuss challenges facing diamond beneficiation in Southern Africa. The conference took place in Windhoek, in Namibia in... 

Namibia govt, industry stakeholders prioritise local diamond beneficiation

By: Ilan Solomons     4th December 2015 The local beneficiation of Namibia’s diamonds remained a top priority for government and industry stakeholders, said Namibia Diamond Commissioner Kennedy Hamutenya. Speaking to Mining Weekly from the International Diamond Conference 2015, which was held in Windhoek, Namibia last week, he said the... 

Namibia retains focus on securing diamond value-add locally

By: Ilan Solomons     24th November 2015 The local beneficiation of Namibia’s diamonds remained a top priority for government and industry stakeholders, Namibia Diamond Commissioner Kennedy Hamutenya said on Tuesday. Speaking to Mining Weekly Online from the International Diamond Conference 2015, which is being held in Windhoek,... 

Locally developed rail transport system to be deployed in 2016, in line for major award 

By: Ilan Solomons     13th November 2015 The Futran rail transport system of local transportation technology company Milotek, an Imperial Group company, could be in commercial use on a mine in Southern Africa by January 2016. Milotek CEO Andries Louw says that over the past two years, the system has developed from concept and design to... 

Gold mine achieves first commercial production

15th May 2015 Vancouver-based gold producer G2Gold’s Otjikoto gold mine, 300 km north of Windhoek, had its first month of commercial production in March this year. 

Chamber of Mines to hold yearly mining expo and conference

By: Dylan Stewart     15th May 2015 The Namibia Chamber of Mines is set to host its yearly mining expo and conference on May 20 and May 21. 

Namibia diamond producer fuels education

15th May 2015 In February this year diamond producer Namdeb Diamond Corporation was awarded a certificate of appreciation by the Cooperative Education Unit (CEU) of tertiary education institute Polytechnic for exposing students to a real work environment under Polytechnic’s Work Integrated Learning programme. 

Engineering company innovates to save money and time

By: Dylan Stewart     15th May 2015 Multidisciplinary engineering company LogiMan has successfully completed its work on the Tschudi copper project, in Namibia, ahead of schedule and within budget. 

Keith Scott

By: Martin Creamer     10th April 2015 Main Activity of the Company:  Geology, mining and environmental consulting Date and Place of Birth:  December, 18, 1972, Windhoek, Namibia Education:  Honours Degree in Geology, University of the Witwatersrand First Job:  Late night pharmacy sales assistant Size of First Pay Packet: R800 a month... 

Company’s gold extraction capabilities showcased

5th September 2014 Global manufacturer and equipment supplier FLSmidth’s capabilities in the gold extraction arena will be showcased with the supply of equipment to Vancouver-based gold producer B2Gold’s Otjikoto gold project in Namibia. FLSmidth is the only company in Africa capable of providing a complete... 

Cronimet turns sod on large Namibian PV plant

By: Henry Lazenby     29th August 2014 Mining and energy solutions firm Cronimet Mining Power Solutions officially broke ground and began its engineering, procurement and construction (EPC) contracting activities for a large Namibian photovoltaic (PV) power plant on August 18. The PV project is located in Omburu, two hours north-west... 

Engineering talent sets BKT apart, says local agent

By: Creamer Media Reporter      29th August 2014 The engineering talent of BKT is what keeps the off-highway tyre manufacturer globally competitive and sets its products apart from its competitors, says local distributor Tubestone founder and MD Pieter Kruger. “Over the years, a dedicated team of engineers has taken on the task of designing... 

Metso aiming to expand African footprint

By: Chantelle Kotze     8th August 2014 With a well-established and strong presence in the African mining industry, comminution solutions company Metso Minerals South Africa, subsidiary of Finland-based Metso Minerals group, plans to further bolster and expand its presence in the African construction sector. 

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