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Author: Musa Carter

Renewable revolution drives cobalt search in Opuwo

With the boom in electric vehicle production across the globe, as well as renewable storage, and smartphones, Australian-listed exploration firm, Celsius Resources is making inroads in Namibia in search of cobalt, which is used in the manufacturing of cobalt-based, lithium ion batteries. The Celsius Resources Managing Director, Brendan Borg in a presentation delivered at the Paydirt 2017 Africa Downunder conference in Perth this week said, Celsius is moving to an immediate 95% interest in Opuwo Cobalt Project in partnership with local shareholders, Gecko Namibia. The Opuwo Cobalt Project is an advanced exploration project with intensive surface exploration already undertaken...

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17 schools to take part in heritage and history competition

The Museums Association of Namibia (MAN) will host its 10th edition of its School Clubs and Museum Exhibition Competition (SCAMX) in Otjiwarongo, on 13 to 14 September, at the Out of Africa Town Hotel. The competition involves school History and Culture Clubs in research and exhibition design and will bring 17 schools from different parts of the country together. The participating schools for 2017 are: Tsau //Khaeb Secondary School, P.K. Devilliers Secondary School, Khorab Secondary School, Fridrich Awaseb Secondary School, UUkule Secondary School, Ponhofi Seecondary School,Leevi Hakusembe Secondary School, Mureti High School, Romanus Secondary School, Canisaianum Roman Catholic High School, St Boniface College, Angelina...

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Langer Heinrich sent uranium ore samples for testing in Oz to reduce operational overheads

The Langer Heinrich uranium mine near Swakopmund is pulling out all stops to reduce operating costs to bring the mine’s overheads in line with the collapsed uranium spot price. Since the buy-out deal with China National Nuclear Corporation foundered, the mine’s parent in Australia, Paladin Energy Ltd, has been placed under administration. This week another Namibian uranium hopeful, Marenica stated in a Stock Exchange News Service announcement that it has received samples from Langer Heinrich for testing with Marenica’s proprietory technology to improve recovery costs. When Marenica first announced its U-pgrade technology early last year, it expected to conduct...

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HAN to take Tourism Forum to the north

In the run-up of National Heritage Week and Tourism week in September, the Hospitality Association of Namibia (HAN) will host a Tourism Forum at the Namibia Lodge 2000 just outside Oshakati on 19 August. According to HAN CEO Gitta Paetzold this week the event will focus on debates and information exchange on ways to develop tourism in the ‘4-O regions’. “This one day event is aimed not only at HAN members and accommodation providers, but all people interested in tourism are welcome to join in discussions on how the local tourism engine works and what can be done to...

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Local businesses invited to be part of the biggest China sourcing platform in Africa

Members of the Namibia Chamber of Commerce and Industry have been invited to apply to be a Hosted Buyer at the China HomeLife and Machinex fair set to take place in South Africa. The third edition of the fair is only three weeks away and will take place from 31 August to 2 September. According to the organisors, the business to business sourcing events offer an exclusive opportunity to meet and do business with over 450 quality Chinese manufacturers and suppliers all at competitive prices and all under one roof. China Homelife and China Machinex set themselves apart from...

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Paratus simplifies business through next level of cloud services

In efforts to simplify business for clients, Paratus took its cloud services to the next level by introducing resilience solutions to its customers this week, through their next level of cloud services. Having introduced their first cloud service product in 2014, Paratus managing director John D’Alton this week pointed to the term’ cloud’ as all-encompassing, consisting of various services. “It is clear that the key drivers towards cloud services stems from initial capital investment, ongoing operational and maintenance costs as well as requiring dedicated resources to manage information communication technology efficiently,” he said. D’Alton said owning information technology infrastructure...

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Offshore oil and gas exploration continues to attract investment suitors

Canadian outfit, Windfire Capital Corporation recently signed an agreement to acquire exploration rights in two offshore oil blocks in Namibia. The Economist learned that Windfire Capital this week announced it has signed a letter of intent with DMiner Asset Management Inc., pursuant to which Windfire proposes to acquire 91.5% of the issued and outstanding shares of Riviera Mina, a company incorporated under the laws of the Commonwealth of The Bahamas, from Dminer. King Frans Indongo, a local partner and proposed director of Windfire, in a statement said, “This transaction is expected to result in another major investment in the...

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UK trade minister meets government and private sector for smooth transition to new trade agreements between Namibia and the United Kingdom

British businessman turned politician, Lord Mark Ian Price, the United Kingdom’s Minister of State at the Department for International Trade flew into Windhoek on Thursday morning for a carousel of meetings with government officials, private companies and trade organisations. He departed back to South Africa the same evening. On Thursday morning Lord Price met the Minister of Industrialisation, Trade and SME Development, Hon Immanuel Ngatjizeko (left), the Prime Minister, the Right Hon Saara Kuugongelwa-Amadhila (centre left) and the Deputy Minister of International Relations and Cooperation, Hon Peya Mushelenga (right). Later in the day, he had meetings with representatives of...

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