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Mining Giant Newmont Dabbles In Namibia
By: Staff Writer Osino Resources Corporation last Thursday has announced that Newmont Corporation (Newmont) has completed a geochemical orientation programme during October 2022 to test their proprietary Deep Sensing Geochemistry (“DSG”) technique over known covered mineralization at Osino’s Twin Hills gold project. Dave Underwood, Osino’s Vice President, Exploration commented: “The Damara Orogenic Belt in Namibia is […]
Namibia Subscribes to the International Monetary Fund’s Special Data Dissemination Standard Staff writer
Namibia subscribed to the IMF’s Special Data Dissemination Standard (SDDS), becoming the fifth country in Sub-Saharan African to reach this goal, The IMF announced last Thursday. By subscribing to the SDDS, Namibia graduated from the Enhanced General Data Dissemination System (e-GDDS) in which the country had participated since June 27, 2016. Bert Kroese, Chief Statistician […]
Walvis Bay Waterfront & Marina Development:NamPort Extends Bid Submission Deadline Till 6 March 2023
By: Staff writer In a notice, the Namibia Ports Authority (Namport) said the last date for submission of expression of interest (EOI) for the Walvis Bay Waterfront Development is 6 March 2023. The company stated that the deadline for respondents to register as a respondent is 16 January 2023. The development of a waterfront & […]
GRN Inaugurates New Water Project For Crocodile Attack-Prone Village
By: Annakleta Haikera The ministry of urban and rural development Erastus Uutoni on Monday officially inaugurated a water project at the Thikanduko village in the Kavango East region. Uutoni said the development came as a result of many human-wildlife conflicts, particularly encounters with crocodiles that have led to the loss of human life in the […]
Trevali Gets Buyer For Rosh Pinah Mine Stake
By: Staff Writer Embattled base metals miner Trevali Mining Corporation will sell its 90% interest in the Rosh Pinah mine to Appian Natural Resources Fund III and Appian Natural Resources (UST) Fund III. Trevali is a Canadian base-metals mining company with four producing operations in Canada, Peru, Burkina Faso and Namibia. The Rosh Pinah mine is located in the […]
Fishrot Plunges Nam Under Spotlight for Money Laundering and Financial Crimes
By: Nghiinomenwa-vali Erastus Due to the Fishrot scandal, Namibia is now under scrutiny by the International Cooperation Review Group due to some deficiencies in its domestic Anti-Money Laundering and Combating the Financing of Terrorism and Proliferation (AML/CFTP) Framework which present a risk to the international financial system. This is according to the Mutual Evaluation Report […]
Disquiet over Geingob’s Qatar World Cup Trip
By: Megameno Shinana President Hage Geingob has drawn strong criticism from several quarters for hastily jetting to Qatar to watch the final FIFA World Cup match between Argentina and France soon after he arrived from a U.S-Africa Leaders’ Summit on Digital Connectivity. Geingob’s trip was announced by the Presidency over the weekend just about the […]
Drilling Campaigns Get Underway Offshore Namibia
By: Staff Writer A number of drilling campaigns will soon get underway off Namibia as the country seeks to move forward with the development of its offshore energy resources, according to Evercore ISI’s latest Offshore Rig Market Snapshot. The firm noted that Shell has kicked off its new three-well exploration campaign in Namibia last week, with the Deepsea […]
Namibians To Cutback On Travel Spending
By: Justicia Shipena Namibians are expected to cut back on their travel spending, according to a Simonis Storm report, saying the company expects occupancy rates for December 2022 to be stagnant or to slightly improve. Simonis Storm added that on an annual basis, tourism would have contributed positively to economic activity and gross domestic product […]
What Is The Place Of Green Hydrogen In Namibia’s School Curriculum?
By: Fransina Nghidengwa Over the next years, the world energy system will need to undergo profound structural change in order to limit global warming to 1.5° Celsius. In this process, (green) hydrogen will also play an increasing role in the sustainable transformation of the energy supply system. Namibia is aiming to develop into a hub […]