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namib times SERVING THE COASTAL COMMUNITY SINCE 1958 NO 6822 FRIDAY 25 JANUARY 2019 Tel: +264 64 - 205854 / +264 64 - 461866 /Fax: +264 64 - 204813 / 064 - 461824 / Website: www.namibtimes.net
Rössing-China deal expected by mid-2019
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Floris Steenkamp The Rössing mine which is 100 % owned by Rössing Uranium Limited (RUL) will be majority Chinese-owned by mid-year, Rio Tinto Rössing said in a media statement this week. Rio Tinto, which In the statement on Rössing Mine is as folowns the majority of Tuesday the Mine cau- lows: Rio Tinto owns 6 9 % i n R U L , tioned though the sale the majority of 69 per announced in No- is still subject to among cent in Rössing Uravember last year a others approval by the nium Limited. The s a l e s a g r e e m e n t Namibia Competitions Namibian Government with China National C o m m i s s i o n a n d has a 3 per cent shareU r a n i u m C o r - should the green light holding, but it has the poration (CNUC) be given this sales majority (51 per cent) whereby this Chi- agreement would be when it comes to nese uranium entity finalised before mid- voting rights. The Iranian Foreign Invesw o u l d p u r c h a s e 2019. tment Company (IFIC) 68,62 of Rio Tinto's The full spectrum of is a non-taking right shareholding. current shareholding in
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investor in Rössing Uranium, holding a 15 per cent stake that goes back to the early 1970s before the overthrowing of the Shah of Iran (1979) and the country's subsequent gradual separation
from the West. The Industrial Development Corporation of South Africa owns 10 per cent, while local individual shareholders own a combined 3 per cent shareholding. The full statement
reads as follows: Rössing has the world's longest-running open pit uranium mine. Operating since 1976, the Rössing business has produced the most uranium of any single
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To ashes Page 3
Drug bust Page 4
Several Illegally caught research vessels fish -donated to to call Continues on page 2
Police deals Omaruru crime spree a crushing blow - five those in need robbery suspects nabbed Eileen van der Schyff
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Criminals were in for a hard time at Omaruru the past week, with a total of nine suspects arrested by a special task team for a spate of robberies and housebreakings that took place in short succession between 8 and 15 January. Five of the suspects are linked to the three robberies. Four more suspects were a bonus to the investigation team as three were apprehended for drug possession, grabbing a cell phone from a female victim and the fourth was found in possession of property stolen during a housebreaking at Karibib earlier. These arrests dealt a crushing blow to the crime wave that hit Omaruru early the New Year. All suspects made first appearances in the magistrate's court at Omaruru. In a report the Regional Crime Investigations Coordinator of the Namibian Police in Erongo,
Deputy Commissioner Erastus Iikuyu explained the Regional Commander sent a special team comprising experienced police officers from different units and sub-divisions to Omaruru. Among the robbery suspects arrested were Petrus Hangula (39) years old male. He was detained at Otjiwarongo. He still had a cellphone stolen during one of the robberies still in his possession. Soon after the arrest of Hangula two more robbery arrests followed: Joseph Shikongo (42) and Simon Nelundu Shilongo (41) years-old N/male. Most of the items stolen during the one Continues on page 2
KPS NASP Shoot
Full Report on page 2
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