Latest Namibia News

Midas Minerals has raised $11.5 million through a strongly supported placement to fund its acquisition and exploration efforts at the Otavi Copper Project in Namibia.

Aldoro Resources has agreed to sell its non-core projects for approximately $3.3 million, enabling a sharpened focus on its flagship Kameelburg Niobium-REE Carbonatite Project in Namibia. The deal includes a significant share distribution in Sultan Resources to Aldoro shareholders.

Sultan Resources announces the acquisition of three promising mineral projects spanning gold and critical minerals in Namibia and Western Australia, bolstering its portfolio in tier-1 jurisdictions. The deal includes a substantial inferred rubidium-lithium resource and promising nickel-copper-PGE targets.

Greenvale Energy’s latest assays from its maiden drilling at the Oasis Uranium Project reveal continuous, near-surface high-grade uranium mineralisation, reinforcing the project’s promising potential.

Paladin Energy Ltd has launched a significant A$300 million underwritten equity raising to advance its Patterson Lake South uranium project and support the ramp-up of its Langer Heinrich Mine, reinforcing its position in the global uranium market.

Noronex Limited’s maiden diamond drilling at the Fiesta Copper Project in Namibia has validated multiple copper mineralised zones, setting the stage for a significant upcoming drilling campaign funded by South32.

Askari Metals has agreed to sell its Australian gold assets to Forrestania Resources for A$700,000, enabling a strategic pivot towards its promising African exploration projects.

Golden Deeps Ltd has identified further high-grade copper mineralisation at its Graceland Critical Metals Prospect in Namibia, with new channel sampling revealing extensive mineralised zones. An upcoming Induced Polarisation survey aims to pinpoint drilling targets for critical metals including copper, silver, and germanium.

Aldoro Resources has reported its strongest assay results to date from the Kameelburg Niobium and Rare Earth Elements deposit in Namibia, confirming significant mineralisation and an extension of the deposit by 300 meters northwest. The company is poised to release an updated Maiden Resource Estimate and commence Phase II drilling.

Noronex Limited has confirmed deeper, higher-grade copper mineralisation at its Fiesta Project in Namibia through diamond drilling, setting the stage for a substantial 7,000m Reverse Circulation drilling campaign funded by South32.

Bannerman Energy has locked in two binding offtake agreements with major North American utilities for 1 million pounds of uranium from its Etango project, marking a significant milestone ahead of its final investment decision.

Noronex Limited has identified several promising uranium and thorium anomalies at its Etango North project in Namibia, validating prior AI models and setting the stage for drilling later this year.