Mining Post Namibia

Osino Resources has moved mountains with their work on developing the Twin Hills Gold Project  The Canadian gold exploration and development company was bold enough to acquire the Ondundu mine from B2Gold.  The government of Namibia granted Osino a 20-year licence for the Twin Hills project for which the company raised US$15m. There have been great partnerships too, with  Prospect Resources Limited   Terrafranca Capital Partners  Nebari Gold Fund 1, LP and Nebari Natural Resources Credit Fund I, LP, with Nebari Gold Fund 1 and  Newmont Corporation. 6 January 2022 Osino Resources announced that it had signed an agreement with B2Gold to buy the Ondundu gold exploration property for US$415,2m in cash, deferred cash and shares in the Razorback Gold Mining Company. Razorback Gold Mining owned 100% of exclusive prospecting license 3195, which covers 19,969 hectares northwest of Osino’s Twin Hills Gold Project. 8 February 2022 Osino Resources announced that it had received US$9,107,455 from t

The London-listed technology metals mining company Afritin scored some significant points in 2022 from listing on the Namibia Stock Exchange to discovering lithium at its Uis Tin Mine and thinking about changing its name to Andrada Mining Limited after the Brazilian mineralogist and professor Jose Bonifacio de Andrada e Silva, who first discovered petalite and spodumene. 2 March 2022 AfriTin discovered spodumene, a lithium-bearing mineral, within its fully permitted mining license Uis Tin Mine in Erongo Region, Namibia.  The company owns mining licence 129. Afritin chief executive officer Anthony Viljoen said the discovery of spodumene was an exciting development that highlights the significant potential of the licence areas and provided a promising target for AfriTin's operations. "The Company intends to conduct an exploration drilling programme on this target during 2022 to add to our existing lithium resource at Uis. Lithium from these sources can be of interest to both tec