After the period of voluntary administration of NRR the administrators, BDO LLP, managed to sell the 90% shares to the Castlelake Group, after approvals were received from the Namibian Government.
NLZM remains in Care & Maintenance during the current waves of the Covid pandemic. The Castlelake Group provided the funding to meet all external commitments during 2020 and continuous to provide current funding to NLZM.
See detailed Update in the News section for complete information
A mining company striving to unleash maximum value for all our stakeholders.
To responsibly explore and develop mining opportunities.
Respect. We value the contribution of people from all walks of life.
Integrity. We are always honest and ethical in all our dealings.
Valour. We are courageous, even in the face of adversity.
Excellence. We are committed to serving our stakeholders on the journey of continuous improvement.
Responsibility. We are committed to our environment and shall account for all our actions.
Safety. We are uncompromisingly committed to safety in everything we do.