Mining contributes to 25% of the countrys income. It is the largest contributor to the Namibian economy. Namibia has various natural resources including diamonds, uranium, copper, gold, lead, tin, lithium, cadmium, zinc, salt and vanadium. In 2015 the mining industry accounted for approximately 19,000 jobs in Namibia vs. 14,000 in 2011.
Mining, Namibias leading economic sector, accounts for roughly 10 percent of Namibias GDP every year. Historically, diamond mining has been the leading sub sector of Namibias mining industry. NamDeb, a 50:50 joint venture between the Namibian government and De Beers, is the primary land based diamond mining company. Debmarine Namibia, also a 50:50 joint venture between the Namibian government and De Beers, handles off shore diamond mining. Namibia is the worlds fourth largest producer of uranium oxide. The nuclear industry continues to fuel the demand for uranium. In 2018, the Husab open pit uranium mine produced 3,028 tons of uranium oxide, making it the third largest uranium mine in the world. Husab is owned by a subsidiary of China General Nuclear Power Company. The mine represents one of Chinas single largest investments in Africa. Following a uranium deposit discovery in 2008, Husab mine produced its first drum of uranium oxide for export in December 2016. As of 2018, the...
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The Namibian mining industry is well developed and sophisticated. Many local equipment and service providers exist to facilitate the distribution of foreign goods or services. U.S. goods and services in the following fields are well represented in Namibia : Hauling vehicles and excavation equipment Software Furnaces Drill Rigs Automated Controls Mining Processing GPS Mapping Communications Systems Materials Handling Technology Namibian mining companies frequently seek used mining vehicles and excavation equipment in good working order. U.S. companies have sold used equipment to Namibian firms in the past. Namibian customers will require warranties on the purchases of used equipment.
There are many companies engaged in exploration and mining activities for various metals/minerals. This creates opportunities for U.S. companies to supply mining equipment to Namibian mines. Many mining operations are also interested in attracting international investment to support increased exploration activities. Desert Lion Energy began shipping lithium concentrate from Namibias first large scale lithium mine in the Erongo region of Namibia in April 2018. Cobalt has been discovered near Opuwo in the Kunene Region of Namibia. For a complete listing of companies and the types of mining licenses they have been awarded, check the Ministry of Mines and Energy website . The Ministry typically publishes an up to date list of different mining license types monthly. The U.S. Export Import Bank and the U.S. Trade Development Agency have added considerable value to numerous African mining operations and enhanced opportunities for U.S. businesses.
Lodestone Namibia Proprietary A privately owned mining company that is able to produce exceptionally pure iron ore concentrates ranging from 68% Fe for the steel industry to 71.5% Fe for niche product consumers in the petrochemical industry.
AREVA Resources Namibia. PwC Mining Industry. Weatherly International Plc. Dundee Precious Metals. Other Companies helping with Mining Services. CYMOT Namibia Mining amp; Industrial. Komatsu Namibia. Namibia Diamond Trading Company Sunstar Diamonds
Namibian Company That Produces Ore Mills Mining In Ethiopia Price ... In November 2012 The Namibian GovernmentS Epangelo Mining Company Agreed To Buy A 10% ...
Namibia produces diamonds, uranium, copper, magnesium, zinc, silver, gold, lead, semi precious stones and industrial minerals. The majority of revenue comes from diamond mining. How much money do you need to start a mining company in Namibia?