Latest Namibia News

Askari Metals has reported partial uptake in its recent entitlement offer for new options, raising about half of the targeted funds, with plans underway to complete the shortfall. The move supports ongoing exploration projects in lithium and uranium.

Askari Metals has launched Phase I exploration on its EPL 7626 licence at the Uis Project in Namibia, aiming to uncover polymetallic mineralisation including lithium, tin, and tantalum. The program leverages advanced remote sensing and rapid on-site analysis technologies to identify buried pegmatite targets.

Connected Minerals Ltd has reported promising uranium grades from its inaugural drilling campaign at the Etango North-East Uranium Project in Namibia, with 14 of 15 holes yielding economic mineralisation. These results echo historical successes nearby and set the stage for an expanded exploration program.

Aldoro Resources has launched a strategic review of its non-core exploration assets following external interest, while reaffirming focus on its flagship Kameelburg project.

Aldoro Resources has announced assay results from diamond drilling at its Kameelburg project in Namibia, revealing a significant south-west extension that doubles the discovery footprint and delivers the highest grades to date.

Lycopodium Limited has secured a significant A$40 million contract to deliver engineering and construction management services for Osino’s Twin Hills Gold Project in Namibia, aiming for first gold production in early 2027.

Midas Minerals has locked in $6.5 million through a two-tranche placement to fund its strategic acquisition and exploration of the Otavi Copper Project in Namibia, alongside advancing its broader project portfolio.

Midas Minerals has secured an option to acquire up to 80% of a highly prospective Exclusive Prospecting Licence near its Otavi Project in Namibia, targeting significant historic gold and copper anomalies.

Askari Metals offers holders of expired AS2O options a priority issue of new options, while advancing due diligence on a promising Ethiopian gold project.

Midas Minerals has announced a transformative acquisition of the Otavi Copper-Gold-Silver Project in Namibia, unlocking significant exploration potential with plans to commence drilling later this year.

Midas Minerals has agreed to acquire the Otavi Copper Project from Nexa Resources, unlocking significant high-grade copper, silver, and gold potential in a well-established African mining jurisdiction.

Celsius Resources Limited has launched an offer of up to 423.95 million new options to key placement participants, including Silvercorp Metals and its lead manager, aiming to support ongoing project funding without immediate capital inflow.