Mining Post Namibia

The discovery of additional pegmatites that provide about 128 million tons of ore with gross combined content of 170 kt of tin at Uis Tin Mine in Namibia makes Andrada the owner of the largest tin asset globally. Andrada owns Uis Tin Mine, Brandberg West, Nai-Nais and B1C1 in Namibia. Anthony Viljoen, the Andrada chief executive officer Anthony Viljoen revealed that his company now owns the largest tin assets globally. Viljoen's comments came when Andrada announced on Jan. 23 a new inferred mineral resource estimate of 57.18 million tons of ore. This new inferred mineral resource estimate is over 11 historically mined pegmatite bodies within a three-km radius of the existing processing plant. The company said the ore has an average grade of 0.131% tin and contains 74,857 tonnes of tin metal. Viljoen said the inferred resource that uses historical drill data significantly advances Andrada's total mineral inventory towards management's internal mineral resource target of at l

Zambia and the DRC have agreed to develop a supply chain for electric vehicle batteries, including the construction of electric vehicle precursor plants, with the help of the US. The three countries signed an MoU during the African Leaders Summit in the US in December 2022 to reduce carbon emissions and support the Paris Agreement’s aim to strengthen the global response to the threat of climate change. The US released the details of the MoU on Jan. 19. Zambia and the DRC will supply cobalt, while the US will provide support, including possible technical assistance, to facilitate the development of an integrated EV battery value chain. The DRC is the biggest cobalt producer in Africa, followed by Zambia. The Central bank of Congo said DRC mines produced 104,920 tons of cobalt by the end of November 2022, while in 2021, the mines produced about 84 442 tonnes. The US will facilitate the development of an integrated value chain for producing electric vehicle (EV) batteries in the DRC and Z

The Vedanta board approved selling Scorpion Zinc Mining Company in Namibia and Black Mountain Mining Pty in South Africa to Hindustan Zinc Limited for US$2,981m. Vedanta has 64.92% shares in Hindustan Zinc Limited since 2003, when it acquired the company from the Indian government. Scorpion Zinc Mining Company and Black Mountain Mining Pty are held by Vedanta's other subsidiary, THL Zinc Ventures Ltd (Mauritius). The board that met on 19 Jan. in Mumbai, India, said the investment was an attractive opportunity for Hindustan Zinc to grow and increase its foothold overseas and take its brand globally.  The transaction could take up to 18 months.

Otjikoto mine produced 60 068 ounces of gold in the fourth quarter of 2022, according to the B2Gold report released on 18 Jan. 2023. B2Gold operates three gold mines in various countries, including Mali, the Philippines, Namibia, Colombia, Finland and Uzbekistan. The report says Otjikoto produced a record 30 493 ounces of gold in Dec. 2022. Otjikoto Mine produced 161 614 ounces of gold, slightly below the revised guidance range of 165 000 to 175 000 ounces for 2022. B2Gold says Otjikoto's quarterly gold production was slightly lower than anticipated because of the delayed ramp-up of ore production from the Wolfshag underground mine. "Wolfshag underground ore production rates are at expected levels, open pit high-grade ore stockpile balances are well buffered, and mined ore tonnage and grade continue to reconcile well with Otjikoto’s resource model," B2Gold says in the report. Otjikoto is expected to process 3.4 million tonnes of ore at an average grade of 1.87 g/t with a

Forget the name Afritin Mining Limited, the company became Andrada Mining Limited on 11 Jan. 2023. Afritin announced on 6 Dec. 2022 that it would ask the extraordinary general meeting to approve the name change to Andrada Mining Limited as a reflection of its expanding lithium and tantalum resources alongside its existing tin production.  The extraordinary general meeting approved the name change request on 5 Jan., leading to the request being sent to the registrar. The registrar confirmed on 10 Jan. So, what's in a name?  For Andrada Mining Limited, it means a lot of tin, lithium and tantalum. And, of course, massive expansion at its Namibian project Uis Tin Mine in the Erongo region. Andrada Mining Limited management says they believe the Uis licence could host a globally significant lithium resource. The AIM-listed company says Andrada reflects its expanding lithium and tantalum resources alongside its existing tin production.  The company says taking up the name Andrada Mining

Golden Deeps Limited says the gravity test work done at its Abenab project in Namibia produced exceptionally high-grade vanadium with zinc, lead and copper concentrate. The Australian company owns exclusive prospecting licences 5496 and 3543 in the Otavi Mountain Land Copper District near Tsumeb town. Abenab Project's inferred mineral resource estimate is 2.80Mt @ 0.66% vanadium ore, 2.35% lead, and 0.94% zinc at a 0.2% vanadium ore cut-off.  Historically, the Abenab mine holds the world's richest and largest deposit of vanadate ore, producing 176kt of 16% vanadium oxide (V2O5), 13% zinc (Zn), and 42% lead (Pb) concentrate from the 1920s to the 1950s. In an ASX announcement on Thursday, 12 Jan., Golden Deeps said the upgrade factor is above the targeted multiple of 15x and concentrate grades similar to historical concentrate production grades. The company also said earlier Phase 1 hydrometallurgical test work demonstrated vanadium extraction rates of up to 95% and high extracti

Northern Graphite, which owns Okandjande mine in Namibia and Bissett Creek in Ontario, is evaluating sites to construct a battery anode material plant in Quebec, Canada. The TSX Venture Exchange listed company announced on 10 Jan. that the envisaged plant that could be sited in the industrial port zone of Baie-Comeauat would hold 200 000 tons per year of battery anode material. The company said the plant would be one of the world's largest and convert graphite concentrate from its mines and other producers into anode material to supply existing and planned lithium-ion battery manufacturing plants throughout North America.  Northern Graphite also said it had agreed with Innovation et Development Manicouagan to evaluate sites for constructing a low-cost, large-scale conversion facility. The agreement gives Northern Graphite 12 months to evaluate several sites around Baie-Comeau to determine their technical and economic suitability for the proposed battery anode manufacturing plant. 

Dundee Precious Metals says its Namibian mine Tsumeb smelter processed about 41,800 tons of complex concentrate during the fourth quarter.  The smelter processed about 174,100 tons of complex concentrate in 2022, below the annual guidance of 185,000 to 200,000 tons. The Canadian-based company operates in Bulgaria, Namibia, Ecuador and Serbia, where it has copper and gold mines.  The company announced its preliminary production results for the fourth quarter on 10 Jan., covering operating highlights and exploration update for Tsumeb, Ada Tepe and Chelopech in Bulgaria. According to the results, a 17-day shutdown to repair a water leak in the off-gas system and instability in the power grid impacted Tsumeb's results during the fourth quarter.  Ada Tepe produced the most in the fourth quarter at about 28,100 ounces of gold, while Chelopech produced about 45,300 ounces of gold and 7.4 million pounds of copper.  In 2022, Ada Tepe produced approximately 94,000 ounces of gold, towards the

Namibia's petroleum commissioner Maggy Shino will speak at the Invest in African Resources New Year Reception in London on 26 January 2022. Invest in African Energy Reception Event will focus on developing an oil and natural gas market in Africa to serve as the foundation of the continent’s energy industry and transition. It will provide a platform to support energy initiatives to drive economic growth and human development across Africa while uniting financiers with African stakeholders. It also seeks to create a platform for solid domestic trading and investment while reducing barriers to entry into the sector. Shino will lead discussions on opportunities for European investment across Namibia’s burgeoning energy industry and lay the foundation for robust discussions that will continue during African Energy Week in Cape Town from 16 to 20 October 2023. She is expected to help shape dialogue around the need to enhance Africa-directed capital to develop a thriving oil and gas indus

Afritin Limited shareholders approved changing the company's name to Andrada Mining Limited. The London-listed technology metals mining company owns Uis Tin Mine in Namibia. The company announced the news in a statement dated 5 January 2023 after an extraordinary general meeting held at its headquarters in Guernsey. After approval, Afritin applied to the Registrar of Companies in Guernsey to register this name change.  The change takes effect upon receipt of confirmation from the registrar of companies.  Afritin announced in December 2022 that it would seek the shareholders' approval to change its to Andrada Mining Limited. Jose Bonifacio de Andrada e Silva is the Brazilian mineralogist and professor who first discovered petalite and spodumene, which are major lithium-bearing minerals and a precursor to the identification of lithium.  According to Afritin, the reason for changing its name was because the management believes that the Uis licence could host a globally significant

The lithium story in Namibia became prominent when Xinfeng Investments, a Chinese company, courted controversy after buying a mine for N$50m from some officials. The story also picked pace when Xinfeng Investments was caught shipping vast quantities of lithium ore to China for testing. Not only was the story about the shipments, but it was also about the ownership of the exclusive prospecting licence and the farm - Kohero No 13 - between Omaruru and Uis in the Erongo region.   Before Xinfeng Investments and Farm Kohero, there was Desert Lion Energy and its plans for what could have been Namibia's biggest lithium mine. There was also the ownership confusion story of Farm Okongova, where Desert Lion Energy's exclusive prospecting licences covered. Even the shipping out of lithium concentrate started with Desert Lion Energy, which teamed up with !Huni-/Urib Investments in 2018. Thomas Mushimba and Mark Welthagen own !Huni-/Urib Investments. The companies shipped out 30 000 tons of

Trigon Metals' idea to restart the Kombat Mine in Namibia after the mine flooded and closed in 2008 would have come without problems.  But Trigon persevered and is still working through the problems by signing up streaming agreements and non-brokered private placements to raise funds to keep the mine going. 5 January 2022 Trigon announced the first copper concentrates produced at the Kombat Mine in Namibia.  6 January 2022 Trigon Metals Inc. said it intended to complete a non-brokered private placement of up to 4,444,444 units for US$0.45 per unit for gross proceeds of up to US$2m. Each warrant would entitle the holder to acquire one share for US$0.50 for 24 months following the date, subject to an acceleration provision whereby if, at any time after the expiry of the statutory hold period, the Shares trade at US$0.75 or higher on the TSX Venture Exchange for 30 consecutive days, the company shall have the right to accelerate the expiry date of the Warrants to the date that is 30 d