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Namibia and Japan continue mining talks

Namibia and Japan continue mining talks

The Ministry of Mines and Energy (MME) met with the Japan Oil, Gas and Metals National Corporation (JOGMEC) this week, to promote sustainable development of local natural resources.

The Minister of Mines and Energy, Hon. Obeth Kandjoze said that the seminar is a continuation of collaboration between JOGMEC and the ministry to further cooperation.

“I should point out that Japan played a significant role in essentially keeping Rossing alive during the nineties by buying uranium from the company at much higher prices than any other buyer was willing to,” Kandjoze said.

According to the minister, the two parties are convinced that cooperation in the field of mineral resources will contribute to the establishment of strong relations between the two countries.

The two parties signed a Memorandum of Understanding in 2010 to establish cooperation with the intention of expansion of business opportunities for the Parties in both countries.

Furthermore, another MoU was concluded in 2016 through which the cooperation focused on the mapping of base metals and related geology using advanced remote sensing and capacity building on GIS & data processing.

Meanwhile, a seminar was held in September 2016 at the Geological Survey of Namibia through which Epangelo Mining of Namibia participated. This was followed by another seminar that took place at the JOGMEC Geologic Remote Sensing Centre in Gaborone, Botswana, in February 2017.

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