Mining in Namibia

Namibia is very rich in mineral resources and mining is the most important part of the Namibian economy. Almost 60% of all export generated revenue comes from mining. The products are mainly diamonds, uranium, gold, silver, zinc, copper, lead, tin, marble and granite as well as semi-precious stones.

Almost half of the revenue brought in from the export of mining products comes from diamonds alone. The company Namdeb – belonging half to the government and half to the South African De Beers group - runs big mining operations in Oranjemund and in Elizabeth Bay near Luederitz and produces over two million carats of diamonds annually.

Particularly profitable is also the relatively young zinc mine in Rosh Pinah in the south of the country. Here the South African Anglo-American corporation operates a large-scale zinc production. The metal is transported by truck for shipment to Luederitz, which now disposes of a modern seaport. It is being thought about a railway connection.

Photo: Namdeb Diamond Mining. The offshore extraction of diamonds is now the more lucrative option, because the deposits on land are basically exhausted.

The production of uranium ore is another important branch of mining. The ore is extracted in opencast mining down to a depth of 300 metres. The two biggest mining sites are the Roessing Mine of Arandis in the Khan Mountains and the Australian Paladin Mine at the Langer-Heinrich-Berg east of Swakopmund. 9% of the world's uranium production comes from Namibia which makes the country the fourth largest producer of uranium in the world.