ESG: New Horizons of the S
The evolution of the S in ESG
The evolution of the S in ESG
Introduction to Swakop Uranium Swakop Uranium is a Namibian registered mining company which is jointly owned by the Namibian Government through Epangelo and the People’s Republic of China, through China General Nuclear Power Corporation and the China-Africa Development Fund. The mighty Husab Mine was constructed in February 2013 and completed in 2016 at a cost […]
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, […]
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 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 […]
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 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, […]
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?
Much is being written about the increasing “must” of ESG. Even more on the need for the Private Sector to do more – by investors, the Public Sector, through to consumers.
With the guidance of a world-class Technical Steering Committee, Bannerman Mining Resources (Namibia) is nearing completion of the Definitive Feasibility Study (DFS) on its Etango-8 Uranium Project, near Swakopmund. Although Bannerman has been busy at Etango since 2006, the “Etango-8” project is a smaller development pathway for the mine that will enable uranium production sooner […]