Mining weekly covers realtime news on mining projects across a range of minerals including gold, platinum, diamonds, copper and ferrous metals. Namibia has one of the most unequal income distributions in the world and social and economic imbalances remain widespread. The rank of namibia improved to 104 in 2019 from 107 in 2018. Namibia normally imports about 50% of its cereal requirements. The ministry of mines and energy is renowned as performance driven. While the first, albeit shortlived mining commissioners office was opened in otjimbingwe as early as. Based on our understanding and knowledge, we have pleasure in setting out how we meet. However, this study is based on the smallscale mining. Mining is the extraction of valuable minerals or other geological materials from the earth, usually from an ore body, lode, vein, seam, reef or placer deposit. The company plans to explore these resources with the aim of developing a mine, in this profitable mining. Namibias mining sector is dominated by the production of uranium, gold, diamonds and lead. Windhoek the husab uranium mine in namibia, one of chinas biggest single investment in africa, will target production of 15 million pounds of u3o8 per year. The challenge for the namibian government and the uranium industry was to create a sustainable uranium mining culture in. The namibian mining sector is characterised by large, medium and smallscale mining sector.
Arrangement of sections part i introductory provisions part ii rights in relation to minerals 2. Namibia mining industrial solutions cc naminsol is an energetic company which offers bestinclass solutions to namibian mining and industrial customers. Namibia mining cadastre portal supported by trimble land. Securing the mining license is a critical step towards moving the aukam mine into commercial production.
Namibia is a vast and mostly semiarid country situated on the southwestern tip of africa, bordered by angola in the north, zambia and zimbabwe in the extreme northeast, botswana in. Namibia to make whiteowned businesses sell 25 percent. Pdf namibia has a rapidly growing minerals industry and is a primary source for numerous valuable commodities, among which are many. But it was not until rio tinto acquired exploration rights in the 1960s, that a number of lowgrade ore bodies were discovered along the north side of the rugged khan valley. Namibias mining industry produces diamonds, uranium, copper, magnesium, zinc, silver, gold, lead, semiprecious stones and industrial minerals. The history of the geological survey of namibia ministry of mines. Prohibition on carrying on certain operations without licence, and transfer of certain licences. To read the article, please enter your details below. The mineral industry of namibia in 20 mineral resources program. Namibia has a longestablished mining law which is regulated by the minerals act 33 of 1992, amended in 2008. Minerals prospecting and mining act 33 of 1992 namibia.
The government, well aware of minings importance to namibias economy, has brought in a substantial package of incentives designed specifically to encourage exploration. Water pollution, therefore, is a main concern to the country because the water is already limited. Namibia is rich in mineral deposits including diamonds, uranium, gold, base metals, industrial minerals and different types of. Namibia falls within uppermiddleincome economies for income per capita.
Major discoveries over the last year include the discovery of. Pdf mining of critical and strategic metals in socially and. Roughly 10% of the namibian gdp and over 40% of total exports are. Jindal namibia, which operates under jindal africa, plans to operate an iron ore mine in the region of khomas in windhoek. Namibia has since gaining its independence managed to build a strong mining industry and a solid regulatory framework to govern it. University of namibia faculty of engineering and it. A legal overview of namibias mining industry namibia. Ores recovered by mining include metals, coal, oil shale, gemstones, limestone, chalk, dimension stone, rock salt, potash, gravel, and clay. Within namibia therefore if employees render services on a vessel within 12 nautical miles, taxable in namibia section 1 of income tax act pwc namibia. According to the recent namibia household income and expenditure survey, more than one in four households live in poverty and the wealthiest 10 percent control over half of the total countrys income. Namibia is ranked 104 among 190 economies in the ease of doing business, according to the latest world bank annual ratings. Slide 14 namibian oil and gas tax regime august 2012.
The total number of people employed in mining in namibia in. Namibia, zambia and botswana rely heavily on the mining industry as a major foreign currency earner. Many foreign investors have looked to namibias mining industry to invest in this growing sector over the years. About namibia institute of mining and technology nimt although advances are being made in developing namibians into skilled and managerial positions within the mining and other industries, it is true that nonnamibians often still dominate such positions. Experts at the university of sussex say irregular trades are the reason why gold and bitcoin prices are not surging during the covid19 pandemic. Namibias ministry of mines and energy has given a notice that it has granted tsxlisted graphitefocused company gratomic mining license 215 for its aukam graphite property in namibia. Man has learnt to use the earths resources for centuries. Three main challenges facing the mining sector in namibia.
Government gazette of the republic of namibia r 19,50 windhoek 31 december 1992 no. Mining in namibia produces about 25% of the countrys income, and with 87 projects currently listed on africa mining iq about mining in namibia, you have the opportunity to grow your business within the african mining sector africa mining iq is africas largest online mining database, with over 1 850 mining projects currently listed, including mining projects in namibia. We mine diamonds, copper, uranium, and many more strategic minerals. Namibias economy remains vulnerable to world commodity price fluctuations and drought. Namibia does not have very much fresh water, and water is limited, causing a lot of competition for it among humans and animals. Chamber of mines of namibia ceo veston malango tells mining weekly that these challenges will be key topics of discussion at the chambers sixth annual namibian mining expo and conference, taking. President hage geingob has said namibia will make it mandatory for whiteowned businesses to sell a 25 percent stake to blacks, calling the country one of the most unequal in the world.
There are three main challenges facing the namibian mining sector. To provide for the reconnaissance, prospecting and mining for, and disposal of, and the exercise of control over, minerals in namibia. Chair, namibia is endowed with mineral resources including uranium. The western side of the country is bordered by the atlantic ocean. Mineral extraction has been going on in namibia for decades. These deposits form a mineralized package that is of economic interest to the miner. We are confident and well placed to service the needs of mining industry clients. Mining is the biggest contributor to namibias economy in terms of revenue. Systems and stakeholder analyses of uranium mining in namibia. Namibia also produces large quantities of zinc and is a smaller producer of gold and copper.
Uranium mining in namibia namibian uranium association. Namibia lies on the south west coast of africa, bordered by zambia and angola to the north and botswana and south africa to the east and south. This page includes a chart with historical data for ease of doing. Mining is the biggest contributor to namibias economy in terms of revenue, accounting for 25% of the countrys income, making it one of the largest economic sectors of the nation. Some social tension with increasing gap between rich and the poor. The company started trading under its current name in 20 but proprietor hanspeter reiff has come a long way in the namibian mining industry. This public portal provides a spatial view into the mining cadastre data for namibia and is intended to improve stakeholder communications, reduce corruption and improve transparency in.
Namibia first featured in a mining journal supplement in october 1992. Namibia we have 2 offices in windhoek and walvis bay no. Geological survey, p o box 2168, windhoek, namibia. About namibia institute of mining and technology nimt. You will not need to register again for future visits.
The programmes of the department of mining and metallurgical engineering were established to provide suitable. Chineseinvested uranium mine in namibia sets production. The environmental impacts of smallscale mining in namibia. By promoting, facilitating and regulating development and sustainable utilization of namibias mineral, geological and energy resource through competent staff, innovation, research and stakeholder collaboration in a conducive environment for the benefits of all namibians and the world. Picture of rossing open pit here there is no such thing as a safe dose of radiation. Major new mines opening in africa or under development are distributed between south africa, namibia, botswana, tanzania, and gabon producing gold, diamonds, pges, chrome and base metals. Minerals being the primary components of these earth resources form the basis for social, economic, cultural and technological development of any human society. Closer to shore, limited seabed mining operations have been developed for a range of commodities, including diamonds in namibia and south. Article 951 of the constitution of namibia states that. Gdp from mining in namibia increased to 3496 usd million in the fourth quarter of 2019 from 3432 usd million in the third quarter of 2019.482 641 539 1215 580 776 1142 1423 681 847 717 298 753 1020 1359 695 1098 831 534 718 253 1132 1044 785 1285 1349 803 893 11 866