Wednesday, Jul 29th

Last updateFri, 24 Jul 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
Prospective graphite producer Next Graphite announced that it was granted clearance to conduct an environmental impact assessment on its Aukam...
Mining & Energy
NAMCOR signs two Joint Operating Agreements with French gas and oil company Maurel & Prom Namibia S.A.S. The National Petroleum Corporation of...
Mining & Energy
Forsys Metals this week announced that it had completed its feasibility study for its Norasa project. Salient points emanating from the completion of...
Mining & Energy
Swakop Uranium employees in the bargaining unit will officially be represented by the Mineworkers Union of Namibia (MUN) in future negotiations on...
Mining & Energy
In an endeavour to address the looming power shortage and reach their own Renewable Energy Policy target which aims for 10% of installed generation...
Mining & Energy
Size and comparison can not be compared between the small scale and large scale mining operations. With a third small scale mining association on the...
Mining & Energy
Shaw River Manganese has locked in Noble Resources Pte Limited for the sale of up to 30,000 tonnes of manganese ore mined at its flagship Otjo...
Mining & Energy
Tsumeb – Dundee Precious Metals Tsumeb (DPMT) announced recently it has awarded full bursaries to sixteen students to study in fields directly...
Mining & Energy
Toronto based oil and gas exploration start up, Eco Atlantic remains upbeat about the prospect of an oil find in Namibia despite the recent...
Mining & Energy
Mining outfit, B2Gold Corp. on Wednesday through the Namibian Stock Exchange, announced that the company´s new Otjikoto Gold Mine achieved...
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 United States Embassy in Windhoek this week hosted a training session for Namibian magistrates from all fourteen regions under the banner...
Headlines
At the regular Economist Businesswomen Club breakfast last Friday at Hotel Thule, guest speaker Agnesia (Mara) Booysen of Standard Bank explained the...
Headlines
Langer Heinrich’s parent company, Australian uranium miner, Paladin, is set to cut capital expenditure up to 27% in the financial year 2015 with...
Editors Desk
The proverbial chickens have come home to roost in South Africa. Not that it is any skin off my nose how the Seffricans grind themselves into the...
Markets
Launched without much fan fare in the early part of 2014, the Sanlam Namibia Tracker Fund has managed to take off albeit at a slow pace while...