The mining sector has been closely monitoring the trajectory of uranium prices, which surged to close 2023 at US$90/lb, subsequently surpassing the US$100/lb mark in early January 2024. The positive price movements for uranium hold immense opportunity for Namibia’s uranium sector
2023 ended with positive developments, bringing Namibia closer to the development of three new mines. These ventures are poised to fuel growth and expansion within the sector, especially amid the prevailing high prices of gold and uranium
Bannerman Energy has achieved a significant milestone in December 2023 as the Namibian Ministry of Mines and Energy granted the Mining Licence for its flagship Etango Uranium Project in the Erongo region
Rössing Uranium and the Mineworkers Union of Namibia (MUN) Rössing Branch Executive Committee (BEC) concluded negotiations for salary increments for the year 2024, 2025 and 2026.