Uranium, diamonds, oil & gas, green hydrogen.
The National Assembly passed the petroleum (exploration and production) amendment bill, which restructures regulation of Namibia's oil and gas sector by shifting upstream petroleum oversight from the ministry of industries, mines and energy to the Office of the President and establishing a new Upstream Petroleum Unit.
4 hours ago · Windhoek Observer →
The National Assembly passed the petroleum (exploration and production) amendment bill, which restructures regulation of Namibia's oil and gas sector by shifting upstream petroleum oversight from the ministry of industries, mines and energy to the Office of the President and establishing a new Upstream Petroleum Unit.
4 hours ago · Windhoek Observer →
Angolan president João Lourenço has invited Namibia to take an equity stake in the Lobito oil refinery, which is under construction and intended to process 200,000 barrels of crude oil per day. Namibian presidential spokesperson Jonas Mbambo cautioned that the invitation does not constitute a formal proposal and that any investment would require careful consideration of feasibility and national interests.
14 hours ago · The Namibian →
Namibia's uranium exports jumped 438% to N$3.36 billion in August following Husab Mine's resumption of full production, pushing minerals to 72% of domestic exports. However, overall mining output declined as a 12% drop in diamond production outweighed gains in uranium, zinc, and gold.
18 hours ago · The Namibian →
Aldoro Resources, an Australian-listed mineral exploration company, has started its first diamond drilling programme at the Avondschaduw prospect near Kalkfeld in Namibia, targeting copper and gold deposits. The company plans to drill two holes in the Damara Belt to test whether underground features identified through earlier surveys contain copper-gold mineralisation.
18 hours ago · The Namibian →
Andrada Mining Limited recorded an interim profit after tax of N$54.8 million for the six months ended 31 August 2026, reversing a prior-year loss, as higher tin prices and increased production boosted financial performance. Revenue rose 80% to £20.6 million, while gross profit margin improved to 40.3% from 16.4%.
22 October 2026 · Windhoek Observer →
De Beers has increased its 2026 production guidance to 25–28 million carats from 21–26 million carats, citing stabilizing rough diamond trading conditions supported by improved demand in the United States and India. Third-quarter 2026 consolidated sales reached 8.7 million carats generating US$731 million in revenue, though synthetic diamonds continue to pressure lower-value natural diamond segments.
22 October 2026 · Windhoek Observer →
Green Metals Refining Ltd received environmental clearance from the ministry of environment, forestry and tourism in October for its planned manganese refinery and sulphuric acid plant at Farm 58 in Walvis Bay. The approval clears the way for further project development toward a Final Investment Decision, though construction has not yet begun.
22 October 2026 · Windhoek Observer →
Namibia's goal to become a major green hydrogen exporter faces a longer path to commercial viability as oil exploration accelerates, with companies like TotalEnergies and Equinor advancing petroleum projects while large-scale hydrogen initiatives struggle to secure financing and buyers, according to the Institute for Public Policy Research.
21 October 2026 · The Namibian →
Namibia's quarterly diamond production declined to 495,000 carats in the quarter ending 30 September, compared to 531,000 carats a year earlier, according to De Beers production figures. Year-to-date production for the first nine months reached 1.58 million carats, down 3% from 1.62 million carats in the same period of 2025.
21 October 2026 · Windhoek Observer →
Namibia's Mining Production Composite Index fell 4% month on month in August, driven by a 12% drop in diamond production, while uranium, zinc, and gold rose. Mineral prices were mixed in September, with inflation and rising interest rates tempering gains and fuelling operating costs for the sector.
21 October 2026 · Windhoek Observer →
The Namibian Competition Commission approved the sale of the Karibib lithium project to London-listed African Critical Elements on 6 October. The commission found the transaction unlikely to reduce competition and imposed conditions aimed at workforce localisation, skills development, and increased local participation in the project's value chain.
20 October 2026 · The Namibian →
Mines and Industries Minister Modestus Amutse has called for urgent implementation of the long-delayed Baynes Binational Hydropower Project, saying Namibia and Angola must accelerate it toward construction to strengthen electricity security and support regional industrial development.
20 October 2026 · New Era →
Elevate Uranium Limited has increased its global uranium mineral resource inventory to 181 million pounds of uranium oxide following resource drilling in Namibia and Australia and progress at its pilot plant in Erongo. The company's beneficiation technology rejected 88% of waste mass while recovering 79% of uranium, with potential to reduce processing infrastructure requirements.
20 October 2026 · Windhoek Observer →
The Chamber of Mines of Namibia reports that high inflation and interest rates affected mineral prices in September, with gold and tin prices lower than the previous month, while elevated financing and operating costs could delay mine expansions and new developments. Mining output for September decreased by 4% compared to the previous month, driven by a 12% decrease in diamond production.
19 October 2026 · The Namibian →
Industries, mines and energy minister Modestus Amutse has called for Namibia and Angola to move from feasibility studies to construction of the Baynes Binational Hydropower Project on the Cunene River. The 600MW scheme, whose intergovernmental implementation agreement was signed in November 2024, would supply power equally to both nations through their national utilities.
19 October 2026 · The Namibian →
President Cyril Ramaphosa officially opened Vedanta Zinc International's Gamsberg Phase II expansion in the Northern Cape, which will double the mine's zinc-in-concentrate capacity to approximately 500,000 tonnes annually and create 800 to 1,000 jobs during operations.
19 October 2026 · Windhoek Observer →
Namibian diamonds are selling at almost four times the global average price—US$343.88 per carat versus US$93.43 globally—with the country producing 2.1 million carats valued at US$721.5 million in 2025 according to Kimberley Process statistics. Despite smaller production volumes, Namibia achieves higher per-carat values than major producers including Botswana, Angola, Russia, and Canada, reflecting the quality of its stones.
17 October 2026 · The Namibian →