The Namibian Competition Commission (NCC) has given the green light to the merger between Sinomine Rare Metal Resources and Dundee Precious Metals Tsumeb Holding. This decision is based on the assessment that the merger will not significantly impact competition, in line with Section 47 of the Competition Act.

The NCC is committed to fostering fair competition and enhancing the efficiency and development of Namibia's economy. As part of the approval, the merger is subject to specific conditions: the companies must maintain at least 92% local employment and ensure procurement contracts are awarded to Namibian-owned businesses.

Dina Gowases Communications Practitioner at the Namibian Competition Commission, highlighted the public interest concerns associated with the merger. “The conditions include a commitment to no retrenchments of Namibian employees for three years following the merger,” Gowases stated.

Additionally, Gowases emphasized the importance of environmental stewardship. "The merger undertaking must uphold or improve current environmental practices to mitigate water and air pollution in the area," she added.