B2Gold Namibia — operates Otjikoto gold mine in central Namibia, contributing significantly to the company's consolidated revenue.
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The Namibian
B2Gold is shutting down and taking declared profits of N$5 billion out of country
“Gold production, for example, is electricity intensive. What electricity subsidy was provided to B2Gold, our biggest gold mine, which is shutting down and taking declared profits of N$5 billion out of the country?”
Electric Capitalism in Namibia?Strong gold and uranium prices provide a favourable operating environment for Namibia's producers in July. Uranium prices were 19% higher year-on-year, while the Bank of Namibia has acquired 8,573.52 ounces of gold valued at approximately N$568.1 million as part of its domestic gold acquisition initiative to strengthen official reserve assets.
28 August 2026 · Windhoek Observer →
Strong gold and uranium prices provide a favourable operating environment for Namibia's producers in July. Uranium prices were 19% higher year-on-year, while the Bank of Namibia has acquired 8,573.52 ounces of gold valued at approximately N$568.1 million as part of its domestic gold acquisition initiative to strengthen official reserve assets.
28 August 2026 · Windhoek Observer →
The Nedbank for Good Series, a premier amateur golf tournament, begins its coastal leg on 29 August, running through 12 September across three venues in Swakopmund, Walvis Bay, and Henties Bay. Since its 2020 inception, the series has raised close to N$1.5 million for charitable causes while reaching more than 70% of Namibia's golfing fraternity.
25 August 2026 · The Namibian →
B2Gold's Otjikoto mine produced 23,438 ounces of gold in the second quarter of 2026, outperforming expectations due to higher average mill feed grade from ore supplied by higher-grade underground sources. Otjikoto contributed more than US$250 million to B2Gold's consolidated revenue of more than US$1.9 billion in the six-month period ended 30 June.
11 August 2026 · The Namibian →
President Netumbo Nandi-Ndaitwah opened the 13th Chamber of Mines Mining Expo and Conference, themed "From Dialogue to Delivery: Assessing Progress in Creating Mining-Led Economic Growth and Employment Since NamPPF." The President stated that the mining sector remains one of Namibia's leading economic sectors towards Vision 2030.
5 August 2026 · The Namibian →
The Central North Volleyball Association League delivered weekend action in Grootfontein with multiple teams competing for league points. NOVC Ladies were crowned the 2026 CNVA League Champions after defeating GVC 3-0, while MGVC extended their men's league lead to six points with a 3-1 victory over GVC and a 3-0 win over B2Gold.
28 July 2026 · The Namibian →
Canadian-listed gold exploration company Ongwe Minerals Incorporated will hold its annual general and special meeting on 20 August 2026 in Vancouver. The company continues exploration activities focused on the Omatjete and Khorixas gold projects in Namibia's Northwest Damara gold belt, with work centred on identifying prospects including the Manga and Nguni gold prospects at Omatjete.
21 July 2026 · Windhoek Observer →
Canadian-listed gold exploration company Ongwe Minerals Incorporated has announced its annual general and special meeting for 20 August 2026 in Vancouver. The company is focused on advancing gold deposits in Namibia's Northwest Damara gold belt, including the Omatjete and Khorixas gold projects.
21 July 2026 · Windhoek Observer →
Namibia's first-quarter 2026 gold export earnings reached N$5.2 billion despite production falling 27.2% quarter-on-quarter to 1,953kg, as international gold prices surged to record levels. The Bank of Namibia attributes the production decline to resource depletion and water supply constraints.
8 July 2026 · The Namibian →
Canadian and Namibian-listed gold explorer Ongwe Minerals closed a C$23 million financing through a brokered LIFE offering and private placement, with proceeds earmarked for expanding exploration at its Namibian gold projects. Strong investor demand led the company to increase the offering size.
2 July 2026 · Windhoek Observer →
Namibia's Mineworkers' Union of Namibia channels members' dues through Namibia Miners Investment Trust (Namit) and Nam-Mic Holdings, which have grown into a N$900-million portfolio with stakes in banks, mines, hotels and other sectors. Members and their representatives say they have seen little benefit from their decades of contributions and allege lack of transparency and financial irregularities.
21 June 2026 · The Namibian →
The Karibib Town Council plans to dispose of 100 unimproved plots at Usab Extension 6, generating more than N$403 000, through a joint venture with mining company Osino Resources and Development Workshop Namibia. The plots range from 300 to 1 500 square metres, designated for single residential use, with prices between N$3 000 and N$4 700 per plot; objections are due by 30 June.
4 June 2026 · The Namibian →
Namibia's mining sector paid N$7.8 billion in taxes to government in 2025, a 39% increase from N$5.6 billion in 2024, driven largely by corporate income tax from gold mining operations. Royalties rose 9% to N$2.5 billion and export levies increased 90% to N$685 million, while the mining sector's real value added contracted 9.4%.
26 May 2026 · The Namibian →
Otavi residents accused the town council of failing to provide sanitation, water access, and street lighting, citing poor infrastructure and insufficient high mast lights that create safety and health risks. The municipality's acting chief executive said some projects depend on partnerships with stakeholders, including a planned open market by B2Gold pending a memorandum of understanding.
19 May 2026 · Windhoek Observer →
B2Gold's Otjikoto Mine in central Namibia produced 24 529 ounces of gold in the first quarter, higher than expected, contributing to total group production of 237 763 ounces. The mine is expected to produce between 70 000 and 90 000 ounces in 2026.
11 May 2026 · The Namibian →
The Otjikoto Mine, in which B2Gold holds a 90% stake, produced 24,529 ounces of gold in the first quarter of 2026, exceeding expectations largely due to better-than-expected ore grades, though this was partly offset by slightly lower mill throughput caused by repairs.
8 May 2026 · Windhoek Observer →
Agra Agricultural Academy has announced a grant programme for 20 selected candidates, supported by a four-year N$560,000 annual commitment from B2Gold Namibia. The programme provides accredited training in Plant and Animal Production to students from Northern Namibia, focusing on practical skills and industry application.
7 April 2026 · New Era →
Mining company B2Gold and agricultural firm Agra ProVision launched their first joint bursary scheme, awarding 20 bursaries to students for practical training in plant and animal production through Agra's Agricultural Academy. B2Gold committed N$560,000 annually over four years to address Namibia's agricultural skills gap.
3 April 2026 · The Namibian →
An audit by the auditor general found that corporate tax paid by gold mining companies fell 47.7% from 2020 to 2022 despite record production, raising concerns about tax avoidance or under-reporting. The report identifies failures by the Namibia Revenue Agency to conduct tax audits on gold mines and gaps in the Ministry of Industries, Mines and Energy's production verification controls.
25 February 2026 · The Namibian →
B2Gold's Otjikoto Mine in Namibia produced 199,139 ounces of gold in 2025, near the high end of its guidance range, contributing to the Canadian company's record annual revenue of US$3.06 billion. The open pit concluded mining operations in the fourth quarter of 2025, with production expected to shift to underground mining at Wolfshag and low-grade stockpile processing.
23 February 2026 · The Namibian →
Namibia's deputy minister of industries, mines and energy told the Africa Mining Indaba 2026 in Cape Town that Namibia offers stable mining conditions and positions itself as a strategic partner in the global energy transition, with uranium production complemented by offshore oil and gas, renewable energy, and green hydrogen. The minister highlighted investment-ready projects and commitments to beneficiation, artisanal mining support, and sustainable development.
17 February 2026 · The Namibian →
Great Quest Gold has rebranded as Ongwe Minerals Incorporated following a US$4.85-million acquisition of Canadian mineral exploration company Lotus Gold, positioning itself as a new gold explorer with exploration projects in Namibia's Damara Orogenic Belt and Egypt's Eastern Desert.
15 February 2026 · The Namibian →
At the 2026 Africa Mining Indaba, Deputy Minister Kröhne positioned Namibia as a stable, investor-ready destination seeking mineral beneficiation partnerships rather than raw material exports alone. The strategy emphasizes policy certainty, renewable energy, green hydrogen, and leveraging the country's uranium, diamonds, and offshore discoveries to power industrial growth and regional energy security.
13 February 2026 · New Era →
Namibia will participate in the Investing in African Mining Indaba 2026 in Cape Town in February to attract investors and development partners to its mining sector. The country will host two investment-focused sessions highlighting its stable mining environment, mineral resources including uranium and diamonds, and projects seeking support for exploration, processing and value addition.
7 February 2026 · New Era →
Windhoek will host the 5th Canada–Africa Business Conference on 5 February 2026, bringing together business leaders, investors and policymakers to strengthen trade and investment ties, with discussions focused on mining, energy, infrastructure and economic development.
21 January 2026 · Informanté →
The Canada-Africa Chamber of Business will host its fifth conference in Windhoek on 5 February, focusing on mining, energy, infrastructure, and sustainable development, with participation from investors, executives, and policymakers from Africa and Canada to strengthen investment collaboration.
16 January 2026 · New Era →