AGP Executive Report
Last update: 11 hours agoUranium: Deep Yellow has dropped its year-end investment decision target for Namibia’s Tumas project, citing weak equity markets. Civil works continue, funded from existing cash. Langer Heinrich: Paladin produced about one million pounds of uranium in the September quarter, but maintenance and lower ore recovery pushed costs up; it kept its full-year guidance. Critical Minerals: Namibia is urging stronger Africa-EU partnerships to process minerals locally, with technology, skills and infrastructure investment. Energy: At a Windhoek forum, the government said power must be affordable for households and businesses as well as reliable. Regional Trade: Namibia and Angola are seeking closer links in trade, energy, transport and agriculture through their inaugural Bi-National Commission. Livestock: Foot-and-mouth disease is disrupting the meat sector, even as Meatco’s UK subsidiary earns a strong financial rating. Diamonds: Namdeb and Debmarine have sought government relief as falling prices squeeze revenues, while Namibia reported 2025 diamond production worth US$721.5 million.
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