Namibia Tag

Anglo American’s diamond division De Beers launched the world’s biggest diamond exploration ship off the coast of Namibia seeking to consolidate high production levels until 2035. The 12,000 tonne, US$157 million SS Nujoma will enable Debmarine Namibia, a 50/50 joint venture between Nambia’s government and De...

Trevali Mining (TSX:TV) will take over Glencore’s (LSE:GLEN) two African zinc mines after its shareholders approved a planned acquisition deal. The Canadian miner will purchase about 80% of the of Rosh Pinah mine in Namibia and take a 90% stake in the Perkoa mine in Burkina...

Glencore (LSE:GLEN) will move into Mexico’s fuel stations business in a US$200 million joint venture, while also announcing a $400 million sale of two African zinc mines to Trevali Mining Corporation (TSE:TV). The Anglo-Swiss company will reportedly supply 180,000 barrels per day of gasoline and diesel...