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06:41Last update on: 13 Aug 2013
The Namibian
Tue 13 Aug 2013
SMS Of The Day * MINISTRY of Gender and Child Welfare, TEARS are rolling down as I write this SMS. The killing of women in Namibia is now like reciting a poem. Are we really getting the protection we deserve while women not being treated as part of this c Food For Thought * SO the Zimbabwe elections were free and peaceful and not free and fair? Bouquets And Brickbats * NURSES at Katutura Hospital must stop wearing those big plastic sandals at work because they are not the official working shoes. We want to see you looking smart and beautiful with your full uniform. SMS Of The Day * THIS nation is in dire need of a massive conference on housing. When we experienced a crisis in the education sector a crisis-control brain-storming conference was organised which resulted in the best deal ever for the Namibian child, nam Food For Thought * BOURGEOISIE has become a daily occupation if not the order of the day of the upper-echelons, President Hifikepunye Pohamba we urge you to revisit this unpatriotic geocentricism among your staff and the well-connected, for everybody to r Bouquets And Brickbats * COMMISSIONER of Prisons, can you please explain the strategies you use to appoint officers to certain positions? It is my observation that you are being fed with wrong information then you just promote individuals without making p SMS Of The Day * I THINK Paulus ‘The Rock’ Ambunda lost his belt because of this promoter and trainer. How can a world champion still be training at the Katutura Youth Complex where there is not enough equipment. I think they must follow the example of Ha Food For Thought * NAMIBIA Dairies are unable to match low prices of imported milk and this ultimately means the consumer will have to pay more for local milk. Look at the prices of the local chicken. All these profits are going in the pockets of a few in Bouquets And Brickbats * I AM pleased to hear that Cabinet has responded positively to the proposal of Namibia Dairies to support the industry. The restrictions which support the industry by reducing competition to ensure the survival of the industry is a SMS Of The Day * CEO’s golden handshakes. Somewhere on our statute books there must be a provision that if a board of directors suspends/dismisses a CEO without due regard to legal provision (substantive/procedural law) such board must carry the costs for Food For Thought * JACKY Asheeke was so right with her last column- why are the fathers of the dead children not being prosecuted? (Reference to the children who died in shack fires last week) Our justice system still protects men over women. In this cont Bouquets And Brickbats * ALEXACTUS Kaure, your column in Friday’s newspaper opened my eyes. One hardly finds impartial case study analysers in Namibia. Let’s not destroy the Polytechnic’s strong foundation (Tjivikua) as yet. At least wait until the transf
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NEWS - NAMIBIA
| 2013-08-06
Rosh Pinah to adopt major strategic shift
Luqman Cloete
THE Rosh Pinah Zinc Corporation will undergo a major shift in its business strategy to reduce production costs as a cushion against the global low zinc prices.
Koen Wium, a board member for the PE Minerals that has a stake in Rosh Pinah Zinc Corporation, said the company was looking at new processing methods.
“We do have the parameters and design. We are re-examining our mining and processing methods to see how best we can extract the new resources,” said Wium.
He said this will help the company to bring down the production costs with the new processing and mining costs to cushion the company from low zinc and lead global prices.
“For the time being, the demand for zinc and lead has dropped,” Wium explained, “The assessment of the optimal alternatives will be determined.”
He further revealed that the mining company has invested over N$30 million in the on-going construction of the shipping facility at the southern coastal town of Luderitz.
“The construction of the facility is expected to be completed during mid-September this year,” said Wium.
He further said currently the mining company exports its zinc concentrates through Walvis Bay because of lack of infrastructure in the south.
“We have a lot of inefficiencies. Inefficiency is in Namibia,” Wium said referring to lack of rail and storage facilities in the country.
Rosh Pinah Zinc Corporation is co-owned by PE Minerals and Glencore-Xstrada, an Anglo-Swiss multi-national commodity trading and mining company created through the merger of Glencore with Xstrada on 2 May 2013.
As Glencore, the company was already one of the world’s leading integrated producers and marketers of commodities with a global tradable zinc market share of 60% in 2010.
luqman@namibian.com.na
Koen Wium, a board member for the PE Minerals that has a stake in Rosh Pinah Zinc Corporation, said the company was looking at new processing methods.
“We do have the parameters and design. We are re-examining our mining and processing methods to see how best we can extract the new resources,” said Wium.
He said this will help the company to bring down the production costs with the new processing and mining costs to cushion the company from low zinc and lead global prices.
“For the time being, the demand for zinc and lead has dropped,” Wium explained, “The assessment of the optimal alternatives will be determined.”
He further revealed that the mining company has invested over N$30 million in the on-going construction of the shipping facility at the southern coastal town of Luderitz.
“The construction of the facility is expected to be completed during mid-September this year,” said Wium.
He further said currently the mining company exports its zinc concentrates through Walvis Bay because of lack of infrastructure in the south.
“We have a lot of inefficiencies. Inefficiency is in Namibia,” Wium said referring to lack of rail and storage facilities in the country.
Rosh Pinah Zinc Corporation is co-owned by PE Minerals and Glencore-Xstrada, an Anglo-Swiss multi-national commodity trading and mining company created through the merger of Glencore with Xstrada on 2 May 2013.
As Glencore, the company was already one of the world’s leading integrated producers and marketers of commodities with a global tradable zinc market share of 60% in 2010.
luqman@namibian.com.na
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Windhoek
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Walvis Bay
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(August 12)
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