- Mining & Energy
- Friday, 28 June 2013 10:07
- Published Date
- Hits: 6394
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
- Agrekko Zambia appoints Mulenga as Chair (705 hits)Mining & EnergyAggreko this week announced the appointment of Dr. Sixtus Mulenga as Non-Executive Chairman, Aggreko Zambia. A well-known businessman and highly...Mining & EnergyThe Omburu solar plant was inaugurated this week when founding president Sam Nujoma and InnoSun Chief Executive Officer Gregoire Verhaege in a...Chariot Oil licence renewed (3637 hits)Mining & EnergyThe 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...Installation of jig plant at Otjozondu mine (361 hits)Mining & EnergyThe recent installation and commissioning of a jig plant at the Otjozondu mine commenced two weeks ago.First sod turned for Husab (4173 hits)Mining & EnergyConstruction of the new uranium mine at the Rossing South deposit started officially last week with a groundbreaking ceremony. Now the property of...Copper production down at Weatherly (3685 hits)Mining & EnergyWeatherly International has announced a decline in copper production for the quarter ended 31 March 2013 due to “a series of one-off events” at...Africa Oil Week set for October (660 hits)Mining & EnergyGlobal Pacific & Partners will host the 22nd Africa Oil Week/Africa Upstream Conference 2015, in a joint venture with ITE Group, from 26 – 30...Mining continues to fuel growth (1008 hits)Mining & EnergyGrowth in primary industry was boosted by rising mineral production for diamonds, gold and zinc concentrate, while uranium production continued...Otjiwarongo graphite project progressing (1212 hits)Mining & EnergyGecko Mining looks to become Namibia’s second potential graphite producer. Little is known about the graphite despite Gecko maintaining that...Azinam acquires more strategic acreage (555 hits)Mining & EnergyAzinam has used the festive season break to increase its working interest in what it deems strategic acreage off the coast of Namibia, increasing...
- Related Articles
- Namibia open for trade (3028 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
- Thank you Sir for warm daily nourishment (357 hits)HeadlinesJonathan from the Havana informal settlement experienced a proud moment when the Minister of Poverty Eradication and Social Welfare, Hon. Zepahnia...HeadlinesAccording to the Mine Workers Union of Namibia (MUN), mine workers in the country face systematic victimization from their employers and are usually...Diamonds and pearls for Trustco Holdings (355 hits)HeadlinesTrustco Holdings is set to enter into an agreement for the purchase of diamond mining and exploration entity, Huso Investments via its Trustco...Local Fashion (348 hits)HeadlinesMy Republik, Namibia’s first locally designed, manufactured and retailed commercial clothing brand officially launched their lines last Friday.Editors DeskIt may be a little too early to jump to conclusions but I sense a moderation in the property market. It may also be just wishful thinking, but given...