Result Page 6 for Namibia news & latest pictures from ibtimes.com

Areva delays output ramp-up at Namibia mine

The ramp-up to full production at Areva's Trekkopje uranium mine in Namibia has been delayed by a year to late 2013, the company said on Tuesday.

Angola banks on 'fish' to save tourism

Angola is hoping to get back on the world’s tourism map with Tarpons – a fish majorly found in Atlantic waters known for their fighting abilities and large size.

Christmas cheer in Namibia for Brangelina clan

It was a hot Christmas for Angelina Joile and Brad Pitt in Namibia

Cameco's chief geologist Doug McIlveen stands in a tunnel inside the uranium producer's Cigar Lake mine

Uranium ETF provides play on nuclear energy

A growing demand for nuclear energy across much of the globe will undoubtedly make uranium a prized commodity, as new power plants proliferate. Investors seeking to capitalize on this evolving energy trend might consider a new exchange-traded fund, the Global X Uranium ETF (NYSE: URA), one of the very few investment vehicles in the world that can be regarded as a pure play on uranium.

More news

Namibia hopeful of Otavi gold mining

South West Africa's Namibia is looking forward to get positive results from various mineral explorations in its soil. The explorations are a bundle of various gold deposits in and around Otavi, and are referred to as Otjikoto Project. A gold rush has ensued on the fringes of the Oshikoto and Otjozondjupa regions, with Canadian investors in the lead.

Call to lift ban on Zimbabwe diamonds

Zimbabwe has once again urged the Kimberley Process Certification Scheme to allow the country to export its diamonds to world market. Zimbabwe finance minister tendai Biti said the KP should allow Zimbabwe to immediately start selling diamonds from Chiadzwa as the delay is affecting ordinary Zimbabweans.

FIFA comes live here thanks to solar energy

As excitement mounts over the ongoing World Cup in Johannesburg, more than 2,000 residents formerly without access to electricity can plug into the soccer competition at 36 solar-operated television viewing points that SolarWorld has installed in remote African villages.

African gene trawl may provide secrets to long life

Researchers sequenced the complete genomes of five southern Africans over the age of 80 -- Archbishop Desmond Tutu from South Africa and four Bushmen from Namibia.

Zimbabwe diamond industry may face more trouble

Zimbabwe's diamond sector is facing trouble again in the New Year with a coalition of industry-based associations and representatives in the US met the state department and demanded tough action by the Kimberley Process against the erring miners. They urged strict steps in implementing the joint work plan (JWP) designed to bring Zimbabwe into full KP compliance.

Uranium glut caps shares but China boosts future

Shares in uranium producers offer prospects of long-term gains as China ramps up ambitious growth in its nuclear industry, but the ride may be rough due to excess near-term supplies from expanding mines and inventories.

Telkom H1 profit falls, shares slump

South African fixed-line phone company Telkom SA Ltd reported close to a 40 percent fall in first-half profit on Monday as both its domestic and Nigerian units struggled, sending its shares tumbling.

Anglo may unload zinc first in $6 billion auction

Anglo American, pressured by investors after an abortive merger bid from rival Xstrata, could offload its zinc operations first in a fresh divestment drive that could raise $6 billion.

Forsys cancels C$579 mln George Forrest takeover

Forsys Metals Corp said on Tuesday it has terminated its agreed C$579 million ($504 million) takeover by holding company George Forrest International Afrique (GFI) after the buyer failed to transfer funds to complete the deal.

Why it’s OK to go to Africa

People who've traveled through Africa almost always say it was an amazing and unforgettable experience, yet most others are still either scared or disinterested.

China-Oz deals to surge despite Rio tensions

China is undeterred by recent Sino-Australian tensions and is gearing up for a slew of deals down under in everything from iron ore to property, bankers and lawyers say.

Petrobras brings good news Acquisition

Brazilian Company, Petrobras which has acquired 60% of interest in Namibian exploration recently on Tuesday said it has $10 billion credit line from the China Development Bank to refinance its investments and services that has bought from china.

EU nations agree seal product ban, trade spat looms

European ambassadors approved a European Union plan to ban imports of furs and other products from culled seals on Friday, moving the 27-nation bloc one step closer to a trade clash with Norway and Canada.

FACTBOX: Attendance at U.N. conference on racism

Following is the roster of countries attending or boycotting a U.N. conference on racism that opened in Geneva on Monday.

Zimbabwe seeks S.Africa help with rand: Tsvangirai

Zimbabwe is engaging South Africa over using its neighbour's rand currency to boost foreign exchange liquidity, Prime Minister Morgan Tsvangirai said on Thursday.

AGC takes 29.04% stake in Aflease Gold

Commodity Online JOHANNES BURG: African Global Capital on Sunday announced its first investment by taking stakes of nearly 30 percent in Aflease Gold, according to South Africa s Business D...

Fugitive Alexander secures extradition delay

Fugitive U.S. millionaire Jacob 'Kobi' Alexander, who has made political connections and pledged to invest millions of dollars in Namibia, secured another delay in his extradition hearing on Monday.

There's Little to Celebrate Over African City Summits

Nairobi's Africities summit is the fourth for local governments in the continent. The first, in Abidjan, Cote d'Ivore in 1998, saw the emergence of the African municipal movement on the regional and international scene.

Namibia's MTC Mobile Firm to Build 3G Network

Namibia's main mobile phone operator, Mobile Telecommunications Limited (MTC), 34-percent owned by Portugal Telecom, plans to launch third generation services and Siemens will build the network.

Nambia Inflation Up to 5.4 pct in Aug

Namibia's annual inflation rate quickened to 5.4 percent in August from 5.1 percent in July, largely driven by rising food and transport costs, official data showed on Monday.

Investors bet on rising costs for scarce water

Investors who have seen energy prices rocket due to scarce supplies are starting to wager that forecasted shortages will cause the value of water to skyrocket