News
Mines take up to 15 years before paying tax - Business - The Namibian
11+ hour, 47+ min ago (329+ words) Mining companies in Namibia typically take between eight and 15 years from the start of exploration before they begin paying corporate income tax. This reflects the long lead times and high upfront costs associated with developing new mines. Chamber of Mines…...
Kunene mining rights climb to 2 438
5+ day, 8+ hour ago (335+ words) By Mining And Energy Namibia's Kunene region has recorded 2 438 mining rights, highlighting a sharp rise in exploration activity as investors target one of Namibia's least explored but most prospective mineral provinces, governor Vipuakuje Muharukua has said. According to Muharukua, the…...
Namibia in Numbers: Namibia's Uranium Output
1+ week, 6+ day ago (289+ words) NAMIBIA is one of the world's top producers of uranium, ranking third globally behind Kazakhstan and Canada. In 2024, the country accounted for 12. 18% of the world's uranium output. Namibia has three major uranium mines: The Langer Heinrich mine is owned by…...
High fuel prices put pressure on mining industry
4+ week, 1+ day ago (350+ words) High fuel prices since March have increased production costs for the Namibian mining sector, as fuel is an important input for haulage, transport and on-site operations. The Chamber of Mines monthly update for March to May, released on Thursday, says…...
Africa's Place in the Global Diamond Economy
1+ mon, 2+ week ago (854+ words) Once the undisputed symbol of luxury, natural diamonds face an existential challenge from laboratory-grown synthetics. They are a cheaper alternative, more accessible and are marketed as ethically superior. Prices of natural diamonds have slipped, demand has softened. Even gem giants…...
Sand mining at Onatshiku leaves dead palm trees
1+ mon, 3+ week ago (365+ words) Recent sand mining at Onatshiku village has left numerous palm trees uprooted and dead. The activity has also created a massive pit that, if left unrehabilitated, poses a severe danger to both people and livestock, particularly at night and during…...
MPs push for mining wealth to develop Namibia
1+ mon, 3+ week ago (251+ words) National Council members have called on the Ministry of Industries, Mines and Energy to ensure mining companies contribute directly to Namibia's development. The members warn that the country continues to lose out while foreign-owned firms benefit mostly from its natural…...
Namibia not just a supplier of minerals " Amutse
1+ mon, 4+ week ago (269+ words) Minister of mines and energy Modestus Amutse says Namibian critical raw materials will be the foundation for modern industry and enable Namibia's integration into global value chains. Amutse made these remarks at the critical raw materials industry session of the…...
Bankable Value Addition is Africa's Next Test
2+ mon, 3+ day ago (900+ words) Southern Africa is entering a new minerals cycle. This one is different from earlier booms. It is driven not only by construction in China or commodity traders in London, but by the energy transition, digital infrastructure, defence supply chains and…...
Toyota joins search for rare earth metals in Namibia
3+ mon, 2+ week ago (558+ words) TOYOTA Tsusho Corporation has been selected as the successful bidder by Japan Organisation for Metals and Energy Security (Jogmec) to join the Lofdal Heavy Rare Earths Project in Namibia as part of a strategic ownership partnership. Toyota Tsusho is the…...