Xinfeng Investments' case starts in High Court

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The challenge by a Chinese lithium miner against the cancellation of its mining licence by the Minister of Mines and Energy started in the High Court this morning.

The miner, Xinfeng Investments, says that its application for the licence was detailed and included all technical requirements; therefore, the minister cannot revoke the licence.

It says the minister seemed not to have been well informed of the technical details of the application at the time of issuing the licence.

Mines Ministry working hard to ensure resources are safeguarded

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With the recent discoveries of oil and gas in the country, the Ministry of Mines and Energy is working hard to ensure that the resources are safeguarded and that policies are put in place so that all Namibians can benefit from them.

Speaking at the National Stakeholders Workshop on the Draft Local Content Policy in the capital, the Minister of Mines and Energy emphasised that inclusivity and transparency should be some of the key guiding points when drafting the policy.

Namibia could capitalize on its existing bilateral agreements with Angola - Alweendo

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Namibia could capitalize on its existing bilateral agreements with Angola to acquire the skills and lessons it needs to fast-track the development of its oil industry.

Mines and Energy Minister Tom Alweendo says such a move would boost the economies of both nations.

Angola is an oil-producing country with ample experience built up over the years.

Following recent oil discoveries, Namibia, as a potential oil producer, will tap into Angola's expertise by collaborating in areas including skills development.