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Active, Old & Abandoned Mines. These mines provide unique opportunities for gold prospectors and insight into Minnesota's rich mining history. Let's explore notable mines throughout the state and identify their current status. Mesabi Iron Range(Active) The Mesabi Range was the heartland of Minnesota's mining industry. Initially exploited ...
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2.2.2. Mining Claims (MC) Mining claims are granted to Namibian citizens or to companies owned by Namibian citizens. However, a mining claim holder may choose to contract a foreigner or a compa-ny owned by foreigners to prospect and mine. An individual or a company can only be awarded a maximum of ten (10) mining claims at a time.
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WEBCanada's Osino Resources has received a 20-year mining licence and positive environmental permitting review for its Twin Hills gold project in Namibia. The …
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VANCOUVER, British Columbia, Jan. 06, 2022 (GLOBE NEWSWIRE) -- Osino Resources Corp. ( TSXV:OSI) ( FSE:RSR1) ( OTCQX:OSIIF) (" Osino " or " the …
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The legal framework for all mining operations in Namibia ("Mining Law") is made up of the Minerals (Prospecting and Mining) Act 33 of 1992 (the "Minerals Act") (as amended by Minerals (Prospecting and Mining) Amendment Act 8 of 2008), and Mines, Works and Minerals Ordinance 20 of 1968. The latter
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The Otjikoto Gold Mine in the Republic of Namibia is located approximately 300 kilometers north of the capital city of Windhoek. The project features surface mining with a modern gravity/carbon-in-pulp mill for ore treatment and recovery of gold. Initial mill design capacity was 2.5 million tonne per annum but then expanded after 9 months of …
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Shaanika said abandoned mining sites in Namibia are a legacy dating back to the 1900s, where the main mining activities were focused on gold, copper, zinc and silver, with no consideration of ...
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The Ministry of Mines and Energy of Namibia is responsible for regulating and promoting the mining and energy sectors. Learn more about its vision, mission, objectives, and functions, as well as the names and profiles of the ministers and …
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Dundee Precious Metals (TSX: DPM) is buying Osino Resources (TSXV: OSI) for C$287 million ($214m) in cash and shares to acquire its advanced-stage Twin Hills gold project in Namibia. The half ...
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A mining claim is a parcel of land for which the claimant has asserted a right of possession and the right to develop and extract a discovered, valuable, mineral deposit. This right does not include exclusive surface rights (see Public Law 84-167). There are three basic types of minerals on federally-administered lands: locatable, leasable, and ...
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2.27 Gold. Gold was first discovered in Namibia in 1899 with many small deposits being found. But only the small Ondundu deposit northwest of Omaruru produced notable quantities of gold from 1924 to 1963. Gold …
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The Diggings lists over 10,000 mining claim owners by name
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The Chamber of Mines is delighted to announce three pivotal developments that have emerged just before the conclusion of 2023, consolidating Namibia's stance in the establishment of three new mines. These ventures are poised to fuel growth and expansion within the sector, especially amid the prevailing high prices of gold and uranium. Firstly ...
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Osino Resources Drills 61m @ 2.4 G/T Au and 20m @ 5.60g/T Au in Step-Out Drilling at Eureka Gold Discovery, Namibia. November 13, 2023. Madison Metals Achieves Renewal Milestone for Exclusive ...
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6th January 2022. By: Schalk Burger. Creamer Media Senior Deputy Editor. Font size: - +. TSX-listed gold exploration and development company Osino Resources has entered …
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Namibia Institute of Mining and Technology (NIMT). The mining sector in Namibia constitute of diamond mining, uranium mining, metal ores and other mining2 and quarrying as per National Accounts framework. The sector has been the most influential in 1980 having contributed 33.6% to GDP. The average contribution of the mining
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The Chamber of Mines of Namibia. Introduction & Purpose. The Chamber of Mines is a member-based organisation that is responsible for the stewardship of mining, exploration and associated activities for the benefit of all stakeholders. Through its active advocacy and leadership it influences policies affecting the sector, the Chamber works ...
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Contact. About Namibia. Namibia is widely recognised as one of the most developed and stable countries in southern Africa with a small population and well-developed infrastructure including roads, rails and ports. Namibia is politically stable with a well-established democratic system and a transparent system of mining title administration.
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A mere 18 months later, the first gold was poured in what can only be described as an outstanding mining success story for Namibia. This year, Otjikoto is expected to produce between 190 000 and 210 000 oz of gold. The mine is expected to process a total of 3.4 Mt of ore at an average grade of 1.87 g/t with a process gold …
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This article highlights the effect of COVID 19 on African mining, providing clarity on the short-, mid-, and long-term effects of the pandemic on the industry by especially focusing on Angola, Ghana, Mozambique, Namibia, South Africa, and Namibia. Introduction. The Africa smart mining market was valued at $424.1 million in 2019 and is …
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According to the chamber's report, the expansion in mining was primarily driven by the increased production of gold, uranium and diamonds. In 2023, Namibia achieved record gold and uranium production, reaching 9 800 kilogrammes and 8 283 tonnes, respectively.
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April 20, 2023 Features, Gold, News Comments Off. Canada-based gold miner B2Gold has commenced the process to close its Otjikoto gold mine in Namibia due to depleted resources. Commissioned in March 2015, the Otjikoto open-pit mine produced 161,614oz of gold in 2022. The company was cited by the news agency as saying: …
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Claim staking is a fundamental process in the world of gold mining. If you have ever wondered how individuals and companies secure mining rights and explore potential mineral deposits, this article will guide you through the ins and outs of claim staking process.. Whether you are an aspiring miner or an investor looking to enter the …
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The Twin Hills Gold Project (the "Project") is located in central Namibia approximately 150 km northwest of the capital city of Namibia, Windhoek and is owned by Osino Resources Corp. ("Osino") through a number of …
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By Guest Contributor. October 3, 2022. Namibia is one step closer to getting its third and – measured by plant throughput – biggest gold mine with the completion by …
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Royalties on gold, copper, Zinc & other base metals: 3%: Royalties on Semi-precious stones: 2%: ... schedule available from office of the mining Commissioner: Surface rent: To landowner, on mutual compensation agreement: Mineral ownership: ... No. 3 Schutzen Street Windhoek Central Namibia +264 61 237925
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The PFS unpacked. Discussing the metrics of the PFS, Daun says the project shows resilience at a range of gold prices. "At $1 700/oz, Twin Hills delivers an NPV (post-tax) of $503 million and an IRR of 26% at a 5% discount rate," he states. "But at $1 400/oz we still have a viable posttax NPV of $228 million. Our goal, of course, is to ...
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the fee is N$5000. Mining licenses are renewable for periods not exceeding 15 years at a time. 2.3. How to apply for Mineral Rights 2.3.1. Application and Registration of a Mining Claim An application for the registration of a mining claim is made to the Mining Commissioner in the prescribed form. A mining claim must be made within 21 days
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