Browsing: Namibia

Rössing uranium mine near swakopmund in Namibia.www.theexchange.africa

Paladin is restarting its Langer Heinrich uranium mine in Namibia that was idled due to low prices. Australian uranium producers, including Paladin, have raised close to US$282.08 million in share sales this year to fund exploration and resuscitate mines.

The current primary uranium supply is unable to meet demand, and the deficit is being met by secondary supplies and inventory drawdowns, Paladin CEO Ian Purdy said at the Digger & Dealers Mining Forum in Kalgoorlie, Australia.

The average annual deficit is projected to be in the range of 40 million pounds over the coming decade, he told the forum.

Windhoek and Berlin to cooperate on green hydrogen development. www.theexchange.africa

In June, Zawya Projects announced that Namibia had received 25 submissions for pilot projects, from which it plans to select no more than five.

The four projects – the Daures, Namport, Cleanergy, and TransNamib projects – have a combined value of over N$890 million (53,39 million euros), and some of the funds will be sourced by the initiators of the projects. The four projects will be located in the Erongo region, which has been marked as ‘valley 1’ of the envisaged national hydrogen ecosystem.

De Beers Unveils

De Beers also said the ship’s state-of-the-art dynamic positioning system optimizes its performance in changing weather conditions to minimize energy use. It also generates fresh water through its heat recovery systems and a reverse osmosis plant.

“The Benguela Gem is the first of its kind and represents an outstanding feat of engineering design, technology innovation, and sustainability performance,” said De Beers Group CEO Bruce Cleaver.

The vessel was designed and built in Europe, and the mission equipment was designed and built in Cape Town in large modules parallel to the vessel built in Europe. The mission equipment was then integrated into the vessel in Cape Town by De Beers Marine.

In terms of performance, according to an article by The Namibian dated July 29, 2022, South Africa, Botswana, and Canada all saw diamond production levels dipping at 4%, 4%, and 24%, respectively.

Kenya's Electricity Imports

Last week, the biggest power generation plant in Zimbabwe, Kariba South, was generating only 758MW against an installed capacity of 1 050MW.

Hwange Power Station was generating 411MW against an installed capacity of 920MW.

Completing Unit 7 in November this year and Unit 8 at Hwange Power Station by March next year will add 600MW to the grid and help ensure reliable and sustainable supplies to meet growing demand.

Meanwhile, ZESA can now legally incorporate drones in its service delivery. This announcement was made at an event the national power company held to mark its acquisition of a Remotely Piloted Aircraft Operator’s Certificate (ROC).

Backed up by the capital firm YC, Jabu Technologies has raised $3.2 million in seed funding to invest in its B2B e-commerce and retail operations.
Afore Capital spearheads the seed round with Y Combinator, Quiet Capital, FJ Labs, Pareto Capital, Kli Capital, and angel investors.
The chief executive of JABU, David Akinin, founded the company in 2020 to revamp the poor and almost non-existent distribution network and supply chain in Namibia.