Mining in Namibia

Mining in Namibia contributes around 25% to the country’s GDP with a focus on
copper, lead, gold, cement, diamonds, petroleum, zinc and uranium extraction and
processing. As of 2006, uranium mining in Namibia has seen the country become the
6th largest producer in the world, while diamond mining in Namibia produces the most economically significant mineral commodity – producing 2% of the world’s total diamond demand.

Some of the biggest operations regarding mining in Namibia include the Kudu Gas-Field Project, which, according to MiningIQ, is an offshore gas field about 170km north-west from Oranjemund. When this ZAR6.9 billion project is finally operational, it will involve on-stream gas production from the Kudu Gas Field – supplying a 800MW gas-fired power plant.

A view of the Navachab open pit mine situated at Karibib

MiningIQ keeps detailed records of mining in Namibia with references to project spanning the grassroots, pre-feasibility, feasibility, bankable, active, operational, and dormant phases. MiningIQ has five grassroots projects listed regarding coal, copper, phosphate and uranium mining in Namibia. These listings help industry managers keep track of future projects regarding mining in Namibia.

As detailed by MiningIQ, the largest operational project centred on mining in Namibia is the expansion project at Navachab, which is valued at ZAR1.5 billion. This project is key for gold mining in Namibia, as it will see the extension of the Navachab Mine’s lifespan.