Latest Namibia News

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.

Golden Deeps Ltd has contracted Terratec to conduct a comprehensive Induced Polarisation survey at its Graceland Prospect in Namibia, aiming to pinpoint high-grade copper, silver, zinc, lead, and germanium sulphide targets along a 2km mineralised corridor.

Paladin Energy’s 2025 Annual Report reveals a pivotal year marked by operational ramp-up at Namibia’s Langer Heinrich Mine and the strategic acquisition of Fission Uranium in Canada, positioning the company for multi-decade growth amid a tightening uranium market.

Midas Minerals has secured a crucial licence transfer for its Otavi Copper Project acquisition in Namibia, moving closer to drilling plans slated for late 2025. The company now awaits final regulatory approval and capital raising to complete the deal.

Connected Minerals has updated its quarterly reports for 2025 to provide detailed disclosures on the use of funds and exploration activities, addressing ASX compliance and shedding light on project developments in Namibia and Western Australia.