Navachab was first discovered in 1984 as a result of a geochemical exploration program for carbonate-hosted gold deposits and named for the nearby farm it lay under. Namibia is the second most ...

Tripples gold production Adam Hartman QKR Navachab Gold Mine has extended its life of mine by three years.The mine’s managing director, George Botshiwe, announced at two of its corporate social ...

AngloGold Ashanti Ltd., the world’s third-largest producer of the metal, has a shortlist of bidders for its Navachab mine in northwestern Namibia after “good interest” in the asset.

The mine is valued at US$110 million (just over N$1,2 billion) and the deal will be adjusted to take into account Navachab's net debt and working capital position when the deal is finalised.

The acquisition by QKR Corporation of Navachab gold mine in Namibia is complete, the private mining company confirmed on Tuesday. QKR president Lloyd Pengilly, a former Johannesburg gold analyst ...

Navachab was owned and operated by AngloGold Ashanti since the company was formed in 1998. As at 31 December 2013, Navachab had gold Mineral Resources of 3.91 million ounces and gold Ore Reserves ...

Namibia’s mining-investment company said it reached an agreement to buy a 7.5 percent stake in the Navachab gold mine that former JPMorgan Chase & Co. banker Lloyd Pengilly’s QKR Corp. bought ...

ABOUT 200 workers of Lewcor Plant Hire, a sub-contractor of Navachab Gold Mine at Karibib, which is responsible for 'waste-stripping' at the mine, went on strike on Monday after the management ...

Namibia’s state-owned mining company is in talks with QKR to buy a stake in the Navachab gold mine that the investment company agreed to buy from AngloGold Ashanti last month for $110 million ...

JOHANNESBURG, Feb 10 (Reuters) - AngloGold Ashanti Ltd : * AngloGold Ashanti enters into agreement to sell Navachab mine * Says signed a binding agreement to sell its entire interest in AngloGold ...

The acquisition by QKR Corporation of Navachab gold mine in Namibia is complete, the private mining company confirmed on Tuesday. QKR president Lloyd Pengilly, a former Johannesburg gold analyst who ...