Swapo parliamentarian Eliphas Dingara says if he had his way Namibians would not have to work, as the country has an abundance of natural resources to cater for the daily financial needs of citizens. He says Namibia’s natural resources are not being exploited to benefit all. “We should not even be working because we have...
Aldoro Resources is gearing up for a maiden diamond drilling program at the Kameelburg Rare Earth Element (REE) Project in Namibia, with ongoing geological mapping, 22 rock samples lodged for analysis and assessment of seven metallurgical samples. Aldoro is planning a 2,000-metre diamond drilling program at Kameelburg, targeting niobium and REE mineralisation based on the...
Namibia, the world’s third largest uranium producer, has been challenged to utilise its resources locally to deal with rising energy prices, a top official has said. Tjekero Tweya, head of the Parliamentary Standing Committee on natural resources, contends that despite Namibia’s wealth in resources like uranium, the country’s focus on exporting rather than harnessing them...
By Adolf Kaure. The Executive Director in the Ministry of Industrialisation and Trade, Sikongo Haihambo said that Africa needs to be recognised for the immense potential to excel its economies through the wealth of genetic resources. Haihambo said this at the cross-regional 3-day meeting on Intellectual Property, Genetic Resources and Traditional Knowledge Associated with Genetic...
Reconnaissance Energy Africa Ltd. (ReconAfrica), an oil and gas exploration company, has released an updated prospective resource estimate for the Damara Fold and Thrust Belt Area in Namibia. The estimate, supported by a Prospective Resource Report prepared by independent evaluator Netherland, Sewell & Associates, Inc. (NSAI), reveals an increase in oil potential in the area....
UPLIFT THE YOUTH WITH RESOURCES: Gerson Guelrirab, tour guide, Project coordinator of Okombahe Heritage projects and conservationist gave a tour to the media of the Erongo Mountains. He spoke on preservation of the area and called for provisions to be made for the youth to earn a livelihood from fauna and flora, San art as...
Osino Resources Corp (Osino) says it has received a compelling proposal from an unnamed foreign mining company, surpassing Dundee Precious Metals’ offer by over N$1 billion. Under the new proposal, Osino shareholders would receive C$1.90 for each common share, valuing the company at approximately N$5 billion (C$368 million). The development comes in the wake of...
…Osino says it’s a superior offer to the N$4 billion which was offered by Dundee Precious Metals Osino Resources Corp. has announced that it has received a proposal from a foreign-based mining company for the acquisition of all of the issued and outstanding common shares of the Company and all of the issued and outstanding...
E-Tech Resources Inc. has provided an update on the 2023 exploration activities on its 100%-owned Eureka project on Exclusive Prospecting License (EPL) 6762 in Namibia highlighting that the new data obtained from the late 2023 exploration program indicates that there is likely to be a multifold repeatability of the known Eureka Central mineralization on a...
Niël Terblanché Namibia is embarking on a groundbreaking partnership with the World Economic Forum (WEF) to combat food loss and waste within its fisheries sector by harnessing the untapped potential of fish byproducts, including heads, internal organs, skins, and frames. In a time of growing food insecurity and unemployment, Namibia’s fishing industry is teaming up...