The company is selling its 69%-stake in Rossing Uranium Limited, which owns the Namibian mine, to China National Uranium Corporation (CNUC).
Namibia Mining News
78% higher than in the same quarter of the previous year.
"Our vision is to be the world's leading uranium company" - Ni Tao deputy manager of China National Uranium Co Ltd
Rules threaten the diamond and uranium producer's ability to attract investment.
India clinches the title for largest zinc mine with Rampura Agucha.
Talks between the miner and China National Nuclear Corporation were confirmed by the country's energy minister.
Belgian zinc producer Nyrstar issued a profit warning last week, citing "adverse market conditions".
Namibia's Desert Lion Energy ceases all operations as Chinese lithium prices plummet to three-year lows – down by half since the start of 2018.
Namibia's long-delayed Kudu gas-to-power project, seen as key to boosting electricity security in the southwest African country, might not be viable.
The plant is expected to improve B2Gold’s economic returns, reduce impacts on the environment and become a potential funding source for community development.
Namibia may scrap requirements for black ownership in mining as it seeks to woo investors to an industry that is rebounding with the commodities cycle.
The Canadian miner says any contemplated amendments in a new mining code will not apply to Fekola without its consent.
Namdeb, a 50/50 joint venture between the Namibian government and Anglo American’s diamond unit De Beers, has put its Elizabeth Bay Mine up for sale.
Move seeks to ensure the sustainability of Namdeb land-based operations.
This is the ninth consecutive year the Canadian miner achieves record annual gold production.
A 2014 Preliminary Economic Assessment concluded that the Lofdal project has the potential to produce an average of 1,500 tonnes per annum of separated rare earth oxides.
Chief executive Bruce Cleaver said the changes were necessary to sustain De Beers' success as a business.
The country’s Ministry of Mines and Energy has renewed the Canadian miner's licence for ten years.
Debmarine Namibia, a 50/50 joint venture between the country and De Beers Group, tis planning for the construction of the world’s largest custom-built diamond mining vessel.
The Fekola mine will add up to 410,000 ounces of gold to the company's annual output.
The country's mining sector is emerging from years of contraction and the impact of recent severe drought eases, the finance minister said on Thursday.
The best diamonds in the world come from the sea.
Company said it expects production of between 50,000 and 55,000 ounces of gold from its new mine in south-western Mali to bring total metal production for 2017 to between 530,000 and 570,000 ounces of gold.
The Canadian gold miner chose Caterpillar and Barloworld for 7 MW solar power installation at Otjikoto mine in Namibia.
Them mv SS Nujoma is the sixth diamond exploration vessel to join the fleet of Debmarine Namibia, a 50/50 joint venture between the government of that African country and De Beers.