AGP Executive Report

Last update: 4 hours ago

Gold Watch: Canadian-listed Ongwe reports a major new gold-in-soil anomaly at its Nguni project in Namibia’s Damara Goldbelt, with assays up to 730ppb Au and a multi-kilometre trend above 100ppb Au; infill sampling on a 50x50m grid is ongoing and drilling is planned for Q2 2026. Economy & Cost of Living: Namibia’s inflation climbed to 4.1% in May, driven mainly by transport and housing/water/electricity costs, with prices up 1.2% month-on-month. Consumer Protection: Namfisa ordered financial institutions to refund over N$1.7 million to consumers after complaints, covering issues like delayed benefits and rejected insurance claims. Connectivity & Tech: Telecom Namibia signed Angosat-2 satellite connectivity pilot deals in Angola, while CRAN pushes “regulatory sandboxes” to speed up Namibia’s digital innovation. Power & Services: Vice President Lucia Witbooi handed over electrification and street lighting in Gibeon, as activists warn prepaid meters should not roll out before water and sewer repairs. Sports: Namibia won bronze at volleyball Olympic qualifiers in Harare (men and women), and Namibia’s cricket stars Bernard Scholtz and JJ Smit took top awards. Road Safety: Police report weekend crashes with one motorcyclist death and dozens injured, urging motorists to obey speed limits and avoid alcohol.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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Shelbyville rider Whitley Walls named to U.S. Saddle Seat World Cup team

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Jetour documentary wins three Telly Awards

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JETOUR documentary wins three Telly Awards

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Jun. 9, 2026

Ongwe Minerals Discovers New Multi-Kilometer Gold Anomaly At Its Omatjete Gold Project In Namibia

GlobeNewswire, Inc.

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3 hours ago

ASUS ProArt Brings Creative Workflows to New Heights with Red Bull Athletes

GlobeNewswire, Inc.

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Jun. 3, 2026

Koryx Copper Provides Project Development Update for the Haib Copper Project in Southern Namibia

GlobeNewswire, Inc.

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May 15, 2026

CORRECTION -- Koryx Copper Announces Further Significant Drill Results at the Haib Copper Project, Southern Namibia

GlobeNewswire, Inc.

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May 15, 2026

Koryx Copper Announces Further Significant Drill Results for the Haib Copper Project, Southern Namibia

GlobeNewswire, Inc.

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May 11, 2026

Ongwe Minerals Reports Expansion of Manga Bedrock Anomaly, Increasing Grades and Width to the East, Omatjete Gold Project, Namibia

GlobeNewswire, Inc.

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