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MINING & METALS
Mining accounts for roughly 10% of Namibia’s GDP. Mainly driven by diamonds (top 10 global producers), uranium, zinc, iron ore and gold. Namibia is also the 4th largest exporter of non-fuel minerals in Africa.
Namibia is the 4th largest producer of uranium oxide worldwide. The Husab mine is the third largest uranium mine in the world and the Rossing Uranium mine contains one of the largest uranium deposits in the world.
“Namibia’s performance in the 2022 Fraser report is fairly good, although it could have been better. This is especially so as the Namibian government has greatly improved legislation
that encourages exploration”
Zebra Kasete, President of the Namibian Chamber of Mines
Windhoek, May 2023
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