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September 2026
New Era
Osino Resourceshas under constructionTwin Hills gold mine between Karibib and Omaruru
Source
“With construction of Osino Resources' Twin Hills gold mine between Karibib and Omaruru in full swing, more workers, contractors and jobseekers are expected to move into the area.”
“The company's Khorixas Gold Project is located about 60 kilometres west of Osino Resources' Eureka gold project and hosts two large surface gold discoveries known as Belmont and K17.”
“The company's management team previously played a key role in developing several of Namibia's major gold projects, including Osino Resources' Twin Hills and Eureka deposits, as well as the Otjikoto gold deposit, which was later acquired by B2Gold.”
Osino Resourcesrequiredland for housing its employees
Source
“Confirming the sale, Karibib mayor Davey van Wyk says the council was approached by mining company Osino Resources, which required land for housing its employees.”
Osino Resourceswas where members of Ongwe management previously workedon discoveries including Twin Hills and Eureka
Source
“Ongwe said members of its management team previously worked at Osino Resources, where they were involved in discoveries such as Twin Hills and Eureka in Namibia.”
Osino Resourcesmade3.1Moz Twin Hills gold deposit discovery in 2019 using bedrock sampling
Source
“"Bedrock sampling is an exploration tool that was instrumental in the 2019 discovery of the 3.1Moz Twin Hills gold deposit by Osino Resources," he says.”
Osino Resourcesdiscoveredthe Twin Hills gold project in 2019
Source
“Osino Resources, led by Namibian-born mining engineer Heye Daun, discovered the Twin Hills gold project in 2019, which was sold to Shanjin Gold International for CA$368 million (about N$5 billion) in 2024.”
Canadian-listed gold exploration company Ongwe Minerals Incorporated has filed a technical report for its Khorixas Gold Project in Namibia, which hosts two surface discoveries—Belmont and K17—and lies along the northern margin of the Damara Orogenic Belt. The company plans geophysical exploration in the second half of 2026 to define subsurface mineralisation and develop drilling targets.
Canadian-listed gold exploration company Ongwe Minerals Incorporated has filed a technical report for its Khorixas Gold Project in Namibia, which hosts two surface discoveries—Belmont and K17—and lies along the northern margin of the Damara Orogenic Belt. The company plans geophysical exploration in the second half of 2026 to define subsurface mineralisation and develop drilling targets.
Mining expansion around Karibib, driven by Osino Resources' Twin Hills gold mine development, is creating job opportunities but intensifying pressure on land and housing availability in Karibib, Omaruru and Usakos. The mine currently employs 1,500 people on site with first production expected around this time next year, and is projected to employ at least 1,000 directly once operational.
The Chamber of Mines of Namibia anticipates weaker real growth from the sector in 2026, with lower production across gold, zinc, and diamonds, though strong uranium and gold prices are expected to support revenues and export earnings. The near-term picture reflects weaker production growth but comparatively resilient value generation as the industry transitions towards a broader production base.
Ongwe Minerals Inc. has filed a technical report for its Omatjete Gold Project following identification of a large-scale, high-grade gold-in-soil anomaly called the Nguni target, a greenfields discovery in Namibia's Damara Belt. The company plans to begin its maiden diamond drilling programme at the Nguni target in August 2026.
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.
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.
Canadian-owned Ongwe Minerals has raised approximately N$310.5 million through a dual listing on the Namibia Securities Exchange to accelerate gold exploration at its Khorixas and Omatjete projects in the Damara Gold Belt. The funds will support reverse circulation drilling at Khorixas and diamond drilling campaigns at Omatjete beginning at the end of July.
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.
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.
Bedrock drilling at Canadian explorer Ongwe Minerals' Manga gold prospect at the Omatjete Gold Project has confirmed well-defined on-site gold deposits, with mineralisation continuing eastward under thick calcrete cover. The company's chief executive says the latest results show significant expansion of mineralisation, with higher-grade deposits found further east than initial scout drilling had indicated.
Canadian exploration company Ongwe Minerals says new drilling results at its Manga prospect in Erongo region show a 2-kilometre-long underground gold zone larger than initially expected, with gold values ranging from low levels to 470 parts per billion. The company plans to extend drilling and sampling to track mineralisation further east beneath soil and calcrete cover.
The Chamber of Mines of Namibia reports that major mining projects including the Tumas Uranium Project, Twin Hills Gold Project, and Etango Uranium Project continued to progress in 2025, supporting the sector's role as a main economic driver, though rising policy uncertainty is starting to affect investor confidence.
Ongwe Minerals Inc, a Canadian-listed gold exploration company operating in Namibia, has listed on the Namibia Securities Exchange under the symbol "ONG" with trading commencing on 15 April. The dual listing is designed to allow local and institutional investors easier access to the company's shares and upcoming capital raises.
The rebranded Canadian company Ongwe Minerals Inc has launched its inaugural bedrock sampling campaign at its Belmont Gold Prospect in Namibia's Northwest Damara Belt, following completion of a reverse takeover and TSXV listing. The company plans to outline gold targets beneath surface cover in the first half of 2026 before advancing to extensive diamond drilling in the second half.
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.