Namibia

Uranium price building on gains

Frik Els | August 14, 2014
Uranium price building on gains

Way to early to for uranium stock investors to rejoice, but after eight straight sessions of gains the market seems to be entering recovery mode.

Namibia advances plans of selling diamonds without De Beers

Cecilia Jamasmie | July 4, 2014
Namibia advances plans of selling diamonds without De Beers

Minister of Mines and Energy Isak Katali said the idea is to give diamond dealers and manufacturers the opportunity to buy directly from locals.

North River secures $12m to restart Namib mine, shares shoot up

Cecilia Jamasmie | July 4, 2014
North River secures $12m to restart Namib mine, shares shoot up

Deal will allow North River to fast-track the development of its flagship lead and zinc mine.

Fresh job cuts at Rio’s Rossing Uranium mine in Namibia

Cecilia Jamasmie | June 10, 2014
Fresh job cuts at Rio’s Rossing Uranium mine in Namibia

This is not the first time Rio Tinto axes jobs at this mine. In 2013, it sacked 276 workers, following losses on reduced demand for the metal.

This deserted African mining town is almost flooded by sand… and ghosts

Cecilia Jamasmie | June 9, 2014
This deserted African mining town is almost flooded by sand… and ghosts

In the early 1900s, after the discovery of diamonds in the southern Namib desert, German miners flocked to the area, developing this unique town known as Kolmanskop.

Big praise for B2Gold's Namibia mine

Frik Els | April 22, 2014
Big praise for B2Gold's Namibia mine

New ratings from Goldman Sachs sees strong upside for Vancouver's B2Gold on top of 38% share price gain so far this year.

Uranium miners dying from cancers, unexplained illnesses in Namibia

Cecilia Jamasmie | April 17, 2014
Uranium miners dying from cancers, unexplained illnesses in Namibia

Most cases coming from Rio Tinto’s Rössing mine, according to report.

The state of global rough diamond supply 2014

Paul Zimnisky | March 13, 2014
Rough diamond supply 2014

50 mines are estimated to account for 90% of global rough diamond supply in 2014.

Namibia wants a piece of AngloGold Ashanti $110 million mine

Cecilia Jamasmie | March 3, 2014
Namibia wants a piece of AngloGold Ashanti $110 million mine

AngloGold had agreed to sell its Navachab gold mine to a private group, but the country's wants a piece of the pie too.

Paladin Energy announces minor uranium oxide spill in Malawi

Michael Allan McCrae | February 17, 2014
paladin energy uranium oxide spill

Driver was not injured. Co-driver suffered minor injuries.

AngloGold Ashanti selling its Namibian division for $110 million

Cecilia Jamasmie | February 10, 2014
AngloGold Ashanti selling its Namibian division for $110 million

The miner is also said to be ready to shut down operations at its Obuasi gold mine, in Ghana, for up to two years.

One more spill at Rio Tinto uranium mine

Cecilia Jamasmie | December 11, 2013
One more spill at Rio Tinto uranium mine

The collapse of a leach tank at Australia’s Ranger uranium mine, operated by Rio’s subsidiary Energy Resources of Australia, was the second such incident for the mining giant in less than a week.

AngloGold Ashanti up over 6% after strong set of Q3 results

Cecilia Jamasmie | November 6, 2013
AngloGold Ashanti up over 6% after strong set of Q3 results

The cost-cutting miner, however, warned it's in the process of exiting a number of exploration projects in 13 "non-core" countries.

Namibia imposes moratorium on coastal phosphate mining

Ana Komnenic | September 19, 2013
Namibia-bans-phosphate-mining

Companies say they haven't heard of it.

Paladin is getting crushed after no buyer found for Namibian mine

Frik Els | August 2, 2013
Paladin Energy suspends operations at Malawi mine

The Australian uranium miner must now tap the markets for $75 million.

Vedanta raises $1.7bn, India’s largest ever offshore bond sale

Cecilia Jamasmie | May 24, 2013
Vedanta raises $1.7bn, India’s largest ever-offshore bond sale

This is a landmark transaction for Vedanta, which is joining domestic peers in catching the flood of US dollars being unleashed by central banks.

Namibia's Lofdal project rich in heavy rare earths

MINING.com Editor | May 6, 2013
Namibia Map

VIDEO: The project has an estimated 75-80% heavy rare earth oxide content.

Chinese company to construct huge uranium mine in Namibia

Vladimir Basov | April 20, 2013
Namibia

The future mine has at least 142,000 tonnes of uranium resources in-situ.

Canada's Afri-Can diamonds considering JSE listing

BrightWire News | November 1, 2012

Canadian marine diamond miner Afri-Can Diamonds, which is listed on the Toronto Stock Exchange, is examining a potential listing on the Johannesburg Stock Exchange (JSE).

Areva mothballs Namibia uranium mine

Frik Els | October 12, 2012
Paladin Energy suspends operations at Malawi mine

The price of the nuclear fuel is down 10% in just the last three months.

Canada’s B2Gold to lead $1.1 billion merger with CGA Mining

Cecilia Jamasmie | September 19, 2012
WSJ: Newmont, Barrick merger talks break down

Latin American-focused Canadian miner B2Gold said Wednesday it will buy CGA Mining for $1.1 billion to gain access to the Masbate mine, the largest operating gold project in the Philippines.

De Beers releases 2011 report to society

Diamond World | May 29, 2012
de_beers_Kazakhstan

De Beers released the 2011 Report to Society, in which Chairman Nicky Oppenheimer, summarized the efforts of the diamond company and its contributions towards the cause of beneficiation.

Helio Resource reports exploration update on the DGP Gold Project, Namibia

PR Newswire: Mining | May 28, 2012

Helio Resource Corp. (TSX-V: HRC) is pleased to provide an update of the recent drilling conducted at the Gold Kop Target and also to report the results of a second-phase geochemical soil sampling survey over the Otjimbojo Licence, adjacent to the Gold Kop target, part of the Damara Gold Project in central Namibia.

Forsys Metals plans bigger Namibia uranium mine

Reuters | May 25, 2012

Canada's Forsys Metals Corp says it may be able to boost its uranium reserves in Namibia by 30 percent as it consolidates its two projects in the southern African nation into one mine development.

Lazare Kaplan lauches social initiative to encourage education in Africa

MINING.com Editor | May 25, 2012
Lazare_Dance_Group

US-based diamond manufacturing and distribution company Lazare Kaplan International Inc. (LKI) has launched a new social initiative, The Lazare Ongoma Initiative (LOI), which aims involve retailers in supporting education in African countries, such as Namibia.

Dundee Precious Metals stock in mini meltdown after told to cut smelter feed

Frik Els | April 30, 2012
tumble shutterstock finance

"We have spent over $40 million on the smelter in the two years we have owned it and are aware of the challenges that continue to exist there," Chief Executive Jonathan Goodman said in a statement.

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