- Mining & Energy
- Friday, 28 June 2013 10:07
- Published Date
- Hits: 5270
Dundee Precious Metals Inc. has announced a new name and corporate logo for its operations in Namibia. The former Namibia Custom Smelters company will be now known as Dundee Precious Metals Tsumeb.
On making the announcement during a national launch in Tsumeb on June 27, Adrian Goldstone, DPM Executive Vice President for Sustainable Development, said the new name represents Dundee’s commitment to both Tsumeb and Namibia and sends a clear message that Dundee Precious Metals is here to stay.
Goldstone said the new name and logo further helps define Dundee Precious Metals as a global leader in the mining and smelting industry guided by strong corporate values.
“We are committed to making the Tsumeb Smelter an industry-leading smelting operation,” he said. “Dundee Precious Metals Tsumeb will soon be among the most modern and efficient complex smelters in the world.”
Since acquiring the smelter in 2010, Dundee has invested N$760 million to improve worker safety and environmental protection. This includes emission-reduction projects, new dust-collection facilities and equipment, and a state-of-the-art dust disposal facility. Groundbreaking work for a N$2.3 billion acid plant which will eliminate sulphur dioxide emissions in the Tsumeb community is expected to commence in the next two months.
Hans Nolte, Vice President and General Manager of DPMT, said Dundee has demonstrated a renewed commitment to employee safety, environmental protection and land rehabilitation, and has resolved to improve the community.
“As a long-time resident of Tsumeb and someone who worked for previous smelter owners, Dundee has brought significant improvements to both the smelter and the community,” Nolte said.
Through the Tsumeb Community Trust, Dundee Precious Metals Tsumeb works in collaboration with community leaders and local stakeholders to support infrastructure improvements and business development projects. Since the inception of the trust in 2010, the company’s investment in the trust has been more than N$3 million.
The new DPMT logo features a golden globe that shows all the Dundee Precious Metals locations worldwide, including the corporate office in Toronto. A circle of chevrons is positioned in a clockwise direction to demonstrate forward progress and a commitment to positive collaboration with all stakeholders. The globe and chevrons are integrated into the company name symbolising unity and
cohesion. The Tsumeb nameplate forming the base of the logo is symbolic of DPM’s commitment to the town, to Oshikoto Region and to Namibia at large.
“We are launching our new name and logo knowing that much has been achieved but knowing how much remains to be done,” Goldstone said in his national launch speech. “We wish to thank all our stakeholders – our employees, local residents and their leaders, and particularly the Government of Namibia – for their commitment to working with investors to address the issues of concern to local communities and to the country at large.”
- Articles In This Category
- NamPower’s margin expected to decrease (2081 hits)Mining & EnergyElectricity imports in the country are expected to continue to put weight on business activities despite the positive Fitch Ratings...Tubas becomes priority for Deep Yellow (968 hits)Mining & EnergyPeter Christians, Reptile Uranium Namibia Country Manager recently revealed that it was reviewing its current business strategy with plans to bring...Otjikoto Mine remains on track (1238 hits)Mining & EnergyB2Gold Corp recently announced that its open pit Otjikoto Gold Mine remained on time and within budget in a quarterly statement recently. The mine is...Namib Lead Zinc acreage expands (3108 hits)Mining & EnergyNorth River Resources, a London based base metals exploration company has quadrupled its Namib Lead Zinc Project area following the granting of a new...Big offshore oil deal (1772 hits)Mining & EnergyNAMCOR signs two Joint Operating Agreements with French gas and oil company Maurel & Prom Namibia S.A.S. The National Petroleum Corporation of...Dundee Precious clinches first acid deal (2187 hits)Mining & EnergyRossing Uranium Limited has entered a long-term sulphuric acid supply agreement with Dundee Precious Metals Tsumeb, a subsidiary of Dundee Precious...African Mining Indaba speakers announced (130 hits)Mining & EnergyThe 2015 Investing in African Mining Indaba taking place from 9 to 12 February in Cape Town will feature an array of globally recognised economic...Mining & EnergyB2Gold recently announced a significantly higher grade updated gold mineral resource estimate for the Wolfshag zone, located directly adjacent to the...Gemstone Centre opens in Keetmanshoop (1272 hits)Mining & EnergyThe Polytechnic of Namibia announced the launch of the Gemology Training Programme last week at the inauguration of the Keetmanshoop Gemstone Centre...Mining & EnergyMarenica Energy has embarked on a mission to seek partners for the development of its patented U-pgrade processing technology, which it believes will...
- Related Articles
- Namibia open for trade (2734 hits)General News 2011The Namibian Investment Forum, which is scheduled to take place later this month, is expected to attract foreign investors with the aim to sensitise...ColumnsA common perception locally is that Namibia is not a manufacturing country. Namibia is generally considered as a mining, agricultural or tourism...MarketsRMB South Africa has controversially ranked Namibia as one of the least favourable investment destination in a research study conducted amongst 20...Special FocusNamibia Breweries Limited (NBL) officially showcased their new battery-operated forklifts to staff members at the company recently. NBL unveiled 18...Speak your mindDear sir, One of the reasons why Namibia has not recognised the Libyan interim government was because “...there was neither a Head of State nor...
- Latest Articles
- Namibia Procurement Fund faces closure (24 hits)HeadlinesThe Namibia Procurement Fund faces closure should the Namibia Financial Institutions Supervisory Authority (Namfisa) not change its stance with...Revival for Whk city centre (28 hits)HeadlinesThe City of Windhoek has ambitious plans to revive the central business district of Windhoek to turn it into a vibrant hub, especially after hours...Weather 30 January 2015 (14 hits)WeatherWhat Happened The Inter-Tropical Convergence Zone is gradually developing to the western quadrant of the southern African subcontinent. Since the...HeadlinesThe premiere of the film Katutura was held on Thursday evening at Mareua Mall Ster Kenikor and guests came dressed Hollywood style. These boys did...Editors DeskWhat is it in the human psyche, when it is confronted by a problematic situation, to create a narrative to interpret that situation, and then to turn...