Competition Commission Approves Dundee-Sinomine Merger with Employment Conditions

Competition Commission Approves Dundee-Sinomine Merger with Employment Conditions

The Competition Commission has approved the merger between Dundee Precious Metals Tsumeb Holdings and China’s Sinomine Resource Group, provided there are no retrenchments of Namibian employees for three years. The companies must also maintain a minimum ratio of 92% local employees to foreign employees. NaCC spokesperson: Dina //Gowases.

August 23, 2024 41

Business / Economics

Mining expo focuses on expansion opportunities

The 11th edition of the Mining Expo & Conference 2024 is underway in Windhoek, bringing together industry experts in the mining sector. Speaking at the event, Zebra Kasete, Vice President of the Chamber of Mines and Managing Director of Dundee Precious Metals in Tsumeb, highlighted that the surge in the uranium sub-sector is driving expansion opportunities in the mining industry. During the opening of the expo on Wednesday, […]

August 7, 2024 36