The state shall actively promote and maintain the welfare of the people by adopting policies aimed at the maintenance of ecosystems, essential ecological processes and biological diversity of namibia and utilization of living natural resources on a sustainable. 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. Pdf mining of critical and strategic metals in socially and. Namibia has a longestablished mining law which is regulated by the minerals act 33 of 1992, amended in 2008. Pdf namibia has a rapidly growing minerals industry and is a primary source for numerous valuable commodities, among which are many.
You will not need to register again for future visits. Chair, namibia is endowed with mineral resources including uranium. Namibia mining industrial solutions cc naminsol is an energetic company which offers bestinclass solutions to namibian mining and industrial customers. Namibia also produces large quantities of zinc and is a smaller producer of gold and copper. Minerals prospecting and mining act 33 of 1992 namibia. Picture of rossing open pit here there is no such thing as a safe dose of radiation. Prohibition on carrying on certain operations without licence, and transfer of certain licences. The government of namibia is committed to sustainable development.
Some social tension with increasing gap between rich and the poor. Geological survey, p o box 2168, windhoek, namibia. Water pollution, therefore, is a main concern to the country because the water is already limited. The company plans to explore these resources with the aim of developing a mine, in this profitable mining. Namibia mining cadastre portal supported by trimble land. Namibias mining industry produces diamonds, uranium, copper, magnesium, zinc, silver, gold, lead, semiprecious stones and industrial minerals. Based on our understanding and knowledge, we have pleasure in setting out how we meet. Mining weekly covers realtime news on mining projects across a range of minerals including gold, platinum, diamonds, copper and ferrous metals. Many foreign investors have looked to namibias mining industry to invest in this growing sector over the years. The company started trading under its current name in 20 but proprietor hanspeter reiff has come a long way in the namibian mining industry.
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. Article 951 of the constitution of namibia states that. Three main challenges facing the mining sector in namibia. Namibia is rich in mineral deposits including diamonds, uranium, gold, base metals, industrial minerals and different types of. 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. Experts at the university of sussex say irregular trades are the reason why gold and bitcoin prices are not surging during the covid19 pandemic.
The government has placed a moratorium on planned marine phosphate mining off the countrys coastal waters for the next 18 months until an environmental impact study has shown that mining will not. Major discoveries over the last year include the discovery of. Namibia, zambia and botswana rely heavily on the mining industry as a major foreign currency earner. The challenge for the namibian government and the uranium industry was to create a sustainable uranium mining culture in. The mineral industry of namibia in 20 mineral resources program. The ministry of mines and energy is renowned as performance driven. Minerals being the primary components of these earth resources form the basis for social, economic, cultural and technological development of any human society. The total number of people employed in mining in namibia in. Systems and stakeholder analyses of uranium mining in namibia. 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. Posted may 5, 2010 ll biofuels namibia, a foreigninitiated multibilliondollar venture, has secured 300,000 hectares of land from chiefs in the northeastern caprivi region to plant jatropha, whose seeds will be presscrushed to produce the muchsoughtafter biodiesel. To read the article, please enter your details below. Arrangement of sections part i introductory provisions part ii rights in relation to minerals 2. We mine diamonds, copper, uranium, and many more strategic minerals.
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. There are three main challenges facing the namibian mining sector. 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. Roughly 10% of the namibian gdp and over 40% of total exports are. This page includes a chart with historical data for ease of doing. 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. We are confident and well placed to service the needs of mining industry clients. 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. 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. These deposits form a mineralized package that is of economic interest to the miner. The government, well aware of minings importance to namibias economy, has brought in a substantial package of incentives designed specifically to encourage exploration. Namibia has one of the most unequal income distributions in the world and social and economic imbalances remain widespread. Uranium mining in namibia namibian uranium association. The programmes of the department of mining and metallurgical engineering were established to provide suitable.
Mineral extraction has been going on in namibia for decades. Securing the mining license is a critical step towards moving the aukam mine into commercial production. Chineseinvested uranium mine in namibia sets production. 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. The history of the geological survey of namibia ministry of mines. Man has learnt to use the earths resources for centuries. Namibias economy remains vulnerable to world commodity price fluctuations and drought. Namibia normally imports about 50% of its cereal requirements.
Namibia does not have very much fresh water, and water is limited, causing a lot of competition for it among humans and animals. Namibia falls within uppermiddleincome economies for income per capita. 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. The rank of namibia improved to 104 in 2019 from 107 in 2018. Namibia first featured in a mining journal supplement in october 1992. While the first, albeit shortlived mining commissioners office was opened in otjimbingwe as early as. A legal overview of namibias mining industry namibia.
The namibian mining sector is characterised by large, medium and smallscale mining sector. 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. Namibia we have 2 offices in windhoek and walvis bay no. Government gazette of the republic of namibia r 19,50 windhoek 31 december 1992 no. 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. 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. The environmental impacts of smallscale mining in namibia. Four challenges for namibias pm geingob global risk. The western side of the country is bordered by the atlantic ocean.
Namibia has since gaining its independence managed to build a strong mining industry and a solid regulatory framework to govern it. About namibia institute of mining and technology nimt. Closer to shore, limited seabed mining operations have been developed for a range of commodities, including diamonds in namibia and south. Namibias mining sector is dominated by the production of uranium, gold, diamonds and lead. 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. Slide 14 namibian oil and gas tax regime august 2012. Jindal namibia, which operates under jindal africa, plans to operate an iron ore mine in the region of khomas in windhoek.
University of namibia faculty of engineering and it. However, this study is based on the smallscale mining. The mining sector generates a significant amount of revenue for namibia through a variety. Ease of doing business in namibia 20082019 data 2020. Mining is the biggest contributor to namibias economy in terms of revenue. 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. Ores recovered by mining include metals, coal, oil shale, gemstones, limestone, chalk, dimension stone, rock salt, potash, gravel, and clay. Namibia to make whiteowned businesses sell 25 percent.