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April 2026
The Namibian
Fabian Shaanikahas been appointed toKudu Chemicals' board
Source
“Green Metals Refining (GMR) Ltd, a midstream refining company dedicated to the production of low-cost battery-grade manganese chemicals for the green energy transition, has appointed Fabian Shaanika to Kudu Chemicals' board.”
Fabian Shaanikatold the courtthat the ministry's reasons were patently false
Source
“Kelp Blue's outgoing managing director, Fabian Shaanika, told the court the ministry's reasons were patently false because the company had complied fully.”
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.
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.
A senior U.S. delegation led by Deputy Assistant Secretary of State Nick Checker concluded a four-day visit to Namibia from 11–14 June 2026 to strengthen bilateral relations and expand cooperation in trade, investment, energy, mining and logistics. Discussions with Namibian government officials and business leaders focused on deepening commercial ties and attracting investment in sectors including critical minerals and logistics.
The Chamber of Mines of Namibia notes that rising fuel prices are increasing cost pressures for the mining sector, with diesel and petrol prices rising by N$4.63 and N$1.40 per litre respectively. Despite strong uranium and gold prices, higher transport costs are creating a more challenging operating environment.
The Chamber of Mines of Namibia reports that rising fuel prices are increasing cost pressures for the mining sector, with diesel prices up N$4.63 per litre and transport inflation reaching 11.5% year-on-year as of May 2026. The sector remains cautiously optimistic due to strong uranium and gold prices, but faces a more challenging operating environment as higher fuel and transport costs weigh on competitiveness.
High fuel prices since March have increased production costs for Namibian mining, with transport inflation up 11.5% year-on-year, putting particular pressure on diamond mining and smaller operations, though some mines like Husab have switched to alternative energy solutions.
Chamber of Mines chief executive Fabian Shaanika says Namibia's mining industry cannot operate in isolation and must be integrated with agriculture, energy and water planning, citing a "mining-energy-agriculture nexus" and the need to balance competing demands for land, water, energy and infrastructure.
The Chamber of Mines of Namibia has appointed geologist and investment banking professional Fabian Shaanika as Chief Executive Officer, effective 1 May 2026, succeeding retired CEO Veston Malango who led the organization for two decades. Shaanika brings nearly 20 years of mining sector experience across exploration, project development, financing, and production, including recent roles at Kelp Blue and senior positions at Rand Merchant Bank and Standard Bank Namibia.
Fabian Shaanika, former managing director of Kelp Blue, has been appointed chief executive officer of the Chamber of Mines of Namibia, effective 1 May 2026. He brings experience from mining and resources roles at Namdeb, Vedanta's Skorpion Zinc Mine, Debmarine Namibia, and Rand Merchant Bank Namibia.
The Chamber of Mines of Namibia has appointed Fabian Shaanika, formerly managing director of kelp farming company Kelp Blue, as its new chief executive effective 1 May. Shaanika, a registered geologist with MBA and experience at Rand Merchant Bank, Standard Bank, Namdeb, Skorpion Zinc Mine and Debmarine Namibia, replaces Veston Malango, who retires after 20 years leading the chamber.
Green Metals Refining has appointed seasoned mining and banking executive Fabian Shaanika to the board of its Namibian subsidiary Kudu Chemicals, which is developing a sulphuric acid plant at Walvis Bay for battery-grade manganese chemical production.