projects with potential
Sagittarius-1X, the latter having already yielded a hydrocarbon discovery by Rhino Resources. This discovery marks a pivotal moment for Namibia’s energy industry, positioning the Orange Basin as a key oil and gas hub for future development. High-Grade copper and gold discovery at K17 prospect Great Quest Gold Ltd. has reported exceptional copper and gold assay results from the K17 prospect in Namibia. Test results indicate 4.47% copper, over 10 g/t gold, and 13.4 g/t silver, pointing to a promising Iron Oxide Copper-Gold (IOCG) mineralizing system. This discovery further strengthens Namibia’s position as a globally competitive resource-rich nation.
Damara Copper Project: advancing Namibia’s mining sector The Damara Copper Project, situated in the Kalahari Copper Belt, is progressing through crucial early-stage developments. South32 and Noronex have partnered to explore the area, with initial drilling having taken place in October 2024. The project is structured in phases: 1. Exploration Phase (2024): Geological surveys and drilling begin. 2. Feasibility Studies (2025-2026): Economic viability assessments. 3. Regulatory Approvals (2026-2027): Government permits and clearances. 4.Construction (2027-2029): Mining infrastructure development. 5. Production Start (2030): Full-scale copper extraction begins. “With high-grade copper and gold discoveries, Namibia strengthens its position as a global resource powerhouse.”
Skorpion zinc mine’s renewable energy expansion
To boost renewable energy adoption, Namibia’s Mines Ministry has approved the implementation of a 330 MW solar photovoltaic (PV) project. This includes a 100 MW solar plant dedicated to Skorpion Zinc Mine, ensuring a sustainable energy supply independent of the Eskom grid. The project is expected to create 2,000 jobs during construction and 800 permanent positions post-completion, marking a significant step in Namibia’s commitment to cleaner energy solutions.
Orange Basin: a new frontier for oil exploration
Namibia’s Orange Basin is set to experience 10 high-impact exploratory wells in 2025, solidifying its status as a major oil prospect. Noteworthy wells include Olympe-1X and
Source: AfricaHouse www.africainfo.co.za
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Issue 1 – 2025
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