Namibia’s Mining Revenue Slightly Falls in 2024

Namibia’s mining industry earned 51.4 billion Namibian dollars (around 2.89 billion USD) in 2024, showing a small drop of 0.4% compared to the previous year, mainly due to lower diamond mining revenue. This information was shared in the 2024 Annual Review by the Chamber of Mines of Namibia, released on Friday. Veston Malango, CEO of…

India Expands Huge Offshore Oil and Gas Search

India is preparing to explore over 250,000 square kilometers for oil and gas under its latest licensing round (OALP Round X). Petroleum Minister Hardeep Singh Puri announced this in Norway, calling it a major step in energy exploration. Puri said Prime Minister Modi’s decision to remove restrictions on exploration areas will boost India’s energy growth….