The Extractor Magazine

Mapping Namibia's Natural Resources

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The Chamber of Mines Namibia CEO, Veston Malango, says Namibia can unlock thousands of mining jobs and billions in investment if policy uncertainty, licensing delays, and regulatory bottlenecks are urgently resolved.

In his 2025 strategic review, Malango https://t.co/OWZb18twGL

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Namibia’s mining sector paid N$7.805 billion to the government in 2025, driven by a sharp rise in corporate tax contributions as strong commodity prices and higher uranium output boosted industry earnings.

New figures from the. https://t.co/MSoymSxvU2

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Pancontinental Energy says invited candidates in the farmout process for its offshore Namibian Petroleum Exploration Licence 87 (PEL 87) have now accessed the virtual data room, with several groups advancing technical and commercial evaluations as https://t.co/EunXqyEMrU

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Portugal’s Galp Energia has confirmed that offshore Namibia will be one of its key upstream priorities this year, with a three-well drilling and testing campaign planned for the Mopane discovery in the Orange Basin during 2026.

https://t.co/gDrcpXKdwF

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Deep Yellow says its flagship Tumas uranium project in Namibia advanced during the March quarter, with engineering now more than 60% complete, but the company will remain deliberate on project execution and capital deployment.

https://t.co/l3ex3mRSTd

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Rhino Resources has launched a new offshore drilling campaign in Namibia’s Orange Basin, targeting the potential expansion of its Capricornus oil discovery under Petroleum Exploration Licence 85 (PEL 85).

The company, which operates the block https://t.co/5nc6IFwss3

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TotalEnergies EP Namibia BV is restructuring its offshore oil and gas portfolio in Namibia through a multi-licence asset swap that will see it exit one block and strengthen its position in others.

The transaction, received on 25 March 2026, involves the https://t.co/S7MVBhZfhG

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Canadian explorer Skeleton Coast Uranium Corp. has appointed South African advisory firm Practara Pty Ltd to complete NI 43-101 technical reports across its five exclusive prospecting licences (EPLs) in Namibia’s Erongo Region, as the company accelerates https://t.co/QFoQfzvzxp

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Uranium developer Deep Yellow Limited has completed a 133-hole drilling campaign at its Tinkas Prospect in Namibia, confirming uranium mineralisation and extending exploration potential around its flagship Tumas Project.

Tinkas is an early-stage but https://t.co/RomyKHqj8l

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Prospect Resources says it has signed several non-disclosure agreements with parties interested in accessing a dedicated technical data room for its Omaruru Lithium Project in Namibia, as the company shifts focus from exploration to commercialisation.
https://t.co/hTw4HahLja

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Andrada Mining Limited has secured US$11 million (about £8.1 million or roughly N$206 million) through a strategic equity placement to fast-track expansion at its Uis tin operation in Namibia and capitalise on strong commodity prices.
https://t.co/1gZToILpTU

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Namibia must embed its oil and gas ambitions into enforceable legal and institutional frameworks or risk losing long-term economic value, Presidential advisor Carlo McLeod has warned.

Speaking at the Namibia International Energy Conference, https://t.co/8SHtp1yYi0

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Namibia could become a multi-project oil province within the next two years, with TotalEnergies targeting a final investment decision on its Venus project in 2026, Rhino Resources aiming to follow with its PEL 85 development by 2027, and onshore player https://t.co/9rnVJA8BU0

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Namibia’s oil and gas future must be built on local participation, youth inclusion and decisive investment, NJ Ayuk said in a wide-ranging and deeply personal address at the Namibia International Energy Conference in Windhoek.

In a speech that blended https://t.co/PgjTYuw116

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Arcadia Minerals says its proposed partnership with Hong Kong Xinhai Mining Services Limited on the Swanson Tantalum Project has paused after the 45-day exclusivity period lapsed, with Xinhai requesting further clarity on mining costs before making
https://t.co/21kekn8cfi

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The Ongombo Copper Project, located in Namibia’s Matchless copper belt, is being developed as a low-grade, low-tonnage operation targeting a production rate of 40,000 tonnes per month, with mine planning anchored in strict cost control and a projected
https://t.co/vQUVlyNiCc

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Elevate Uranium Limited has appointed a Namibian national as operations manager for its U-pgrade™️ pilot plant programme in Namibia, as the company moves toward steady-state operations and targets results in August 2026.

The newly appointed https://t.co/SzNi5WtKKX

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Bezant Resources has updated the Hope & Gorob mineral resource estimate from 0.41 million tonnes in 2023 to more than 3.0 million tonnes in 2026, marking a sevenfold increase that is set to accelerate development of the Namibian copper-gold project.

https://t.co/ByDQYWFKeW

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ReeXploration Inc. has intersected uranium mineralisation grading up to 577 counts per second (cps) over 4.2 metres, alongside 560 cps over 2.5 metres and 410 cps over 9.75 metres, in an 11-hole, 1,729-metre maiden drilling programme at its Eureka

https://t.co/ajGsmzKtDU