Allegrow Fund Invests in Namibian Companies Focused on the Mining Sector

Allegrow is primarily a growth and operational development fund with a Namibia-only mandate. The fund is managed by Eos Capital, an established private equity fund manager, focused on uplifting the Namibian economy through its role in growing companies in which it invests. N$460 million has been raised and fully deployed. Three of Allegrow’s nine investments, […]

Rössing Uranium Launches 45 Years

On Wednesday, 17 August 2022, Rössing Uranium launched its 45 year legacy book in Swakopmund. The 270 pages book documents the history and contributions of Rössing Uranium’s to Namibia’s socio-economic footprint over the past 45 years (1976 -2021) In his opening remarks: Rössing Uranium Board Chairperson, Steve Galloway mentioned how privileged he is to be […]

Bannerman Submits Etango-8 Mining Licence Application

Bannerman Mining Resources has boosted Namibia’s strong uranium sector credentials with the lodgement of a Mining Licence Application for the proposed Etango-8 uranium mine with the Ministry of Mines and Energy. This is a significant step towards bringing Etango-8 into production and is a major milestone in the company’s long history in Namibia, dating back […]

Erongo Desalination Plant Unlocks Green Energy Potential

ORANO MINING NAMIBIA is proud of its current contribution to the development of the Erongo Region through the Erongo Desalination Plant and of the contribution of the uranium mining sector to the production of decarbonated electricity. Orano Mining Namibia continues its focus on reducing the carbon footprint of the Erongo Desalination Plant (EDP) by making […]

Rössing Uranium Builds into Willem Borchard Primary School

Rössing Uranium embarked on a three-year project, supporting the Willem Borchard Primary School (WBPS) in Okombahe in the Daures Constituency, Erongo region. The project is segmented into seven components, which are in support of the 10 Sustainable Development Goals. Annually, Rössing Uranium proactively identifies social performance activities against an approved budget. For the years 2021-2023, […]

The Namibian Uranium Institute (NUI) Offers New Course on Occupational Vision Screening

NUI has partnered with Education for Health Africa to bring World best practices to the African continent, currently one of the World’s fastest growing markets for healthcare and workplace well-being. The Occupational Vision Screening Course is an international standard certificate of competence short course designed specifically for people in Africa, who are responsible for performing […]

NOHF Hand Protection Workshop

The Namibian Occupational Hygiene Forum (NOHF) revived their live practical workshops after a few years of an industry-wide lull in activity, with a Hand Protection Workshop on 19th July 2022, in association with the Namibian Uranium Institute, CYMOT and KNIGHT SAFETY GRANBERG Gloves. The workshop was entitled “If Your Hands Could Choose” and covered the […]

The Rise of Uranium and Its Potential for the Namibian Economy

Uranium prices had remained low for more than a decade, following Japan’s Fukushima Daiichi nuclear power plant accident in 2011, which sparked a sharp decline in the demand for nuclear energy. However, over the past few months we have witnessed a rapid turn of fortunes in the price of uranium over a short period of time. Uranium is currently trading at $50/lb, which is a 170% increase in less than 36 months. So, what is driving this price increase, and what does it mean for our country?