Sunday, Aug 30th

Last updateFri, 28 Aug 2015 10am

You are here: Home Columns Mining & Energy Namibia Custom Smelters rebranded as Dundee Precious Metals Tsumeb

Namibia Custom Smelters rebranded as Dundee Precious Metals Tsumeb

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
Mining & Energy
O & L Energy, a subsidiary of the Ohlthaver & List Group has responded positively to calls by power utility, Nampower to save energy. Bernd...
Mining & Energy
Consumers in the country will have to wait for the official year end financial results for the City of Windhoek at the end of June to know how much...
Mining & Energy
Paladin Energy this week announced that it anticipates a lower output owing to its annual scrubber maintenance, the ion resin changeover, and an...
Mining & Energy
International mid-tier gold company B2 Gold has announced that construction of its Otjikoto Gold Mine near Otavi is on schedule and on budget....
Mining & Energy
Areva this week exported the second shipment of Sodium Di-Uranate (SDU) produced during the MIDI pilot phase at the Trekkopje mine. The shipment left...
Mining & Energy
Australian listed minerals exploration company, Namibia Copper NL on behalf of Gazania Investments 32 and Masterton, has applied for the renewal of...
Mining & Energy
Privately-held corporation, NABIRM Energy Services earlier this week announced that in conjunction with its partner NAMCOR (10%), will commence with...
Mining & Energy
The Ministry of Mines and Energy has granted a one-year extension for the First Renewal Phase on Chariot Oil and Gas’ Central Area Blocks. The...
Mining & Energy
The Swakop Uranium Foundation this week announced it has responded to the government’s call for assistance to thousands of drought victims by...
Mining & Energy
Canadian investors are up in arms following Paladin Energy’s placement programme in which a Singaporean entity Hubo Clean Energy pte has taken up a...
Related Articles
General News 2011
The Namibian Investment Forum, which is scheduled to take place later this month, is expected to attract foreign investors with the aim to sensitise...
Columns
A common perception locally is that Namibia is not a manufacturing country. Namibia is generally considered as a mining, agricultural or tourism...
Markets
RMB South Africa has controversially ranked Namibia as one of the least favourable investment destination in a research study conducted amongst 20...
Special Focus
Namibia Breweries Limited (NBL) officially showcased their new battery-operated forklifts to staff members at the company recently. NBL unveiled 18...
Speak your mind
Dear 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
Headlines
The councillors of the !Xoo Traditional Authority represented the San Community at Settlement 13 in the Aminuis Corridor last week when they received...
Headlines
The Namibia Training Authority (NTA) has in its first year of collection amassed just over N$266 million for the Vocational Education Training (VET)...
Headlines
Despite suffering a 10% year-on-year horse mackerel quota reduction, Bidvest Namibia through its subsidiary Bidvest Fishing, revealed this week it...
Editors Desk
A distressing incident happened last week at the veterinary control point on the Oshikango Ondangwa road just a short distance south of Ohangwena...
Weather
What Happened For the duration of this week, the dominant airflow over the entire country was from north to south.