Republic of Namibia: Minerals, Mineral Potential, Exploration & Mining in Namibia
Hosted by Hon Isak Katali, Minister of Mines and Energy
Mining On Top: Africa - London Summit
24-26 June 2014 | London
Understanding the Pakistan Budgeting Process: Basics and Key Insights
Republic of Namibia: Minerals, Mineral Potential, Exploration & Mining in Namibia
1. Backbone of the Namibian Economy
MINERALS,MINERALS,
MINERAL POTENTIAL,MINERAL POTENTIAL,
EXPLORATION &EXPLORATION &
MINING INMINING IN
NAMIBIANAMIBIA
Hon. Isak KataliHon. Isak Katali
Minister of Mines andMinister of Mines and
Energy NamibiaEnergy Namibia
MMEMME Ministry of Mines and EnergyMinistry of Mines and Energy
2. Backbone of the Namibian Economy
HISTORYHISTORYMMEMME Ministry of Mines and EnergyMinistry of Mines and Energy
Mining has a long history in Namibia,Mining has a long history in Namibia,
with slag from copper smelting beingwith slag from copper smelting being
more than 500 years old, the first formalmore than 500 years old, the first formal
mine, the Matchless Mine, opening inmine, the Matchless Mine, opening in
1857, and indigenous people winnowing1857, and indigenous people winnowing
tin for more than 100 years.tin for more than 100 years.
Old Matchless MineOld Matchless Mine
Winnowing of tinWinnowing of tin
Archaeological slagArchaeological slag
3. Backbone of the Namibian Economy
MMEMME Ministry of Mines and EnergyMinistry of Mines and Energy
THE NAMIBIAN MINERAL RESOURCESTHE NAMIBIAN MINERAL RESOURCES
DiamondsDiamonds
Uranium and fossil fuelsUranium and fossil fuels
Base metalsBase metals
Rare metalsRare metals
Precious metalsPrecious metals
Industrial mineralsIndustrial minerals
Industrial rocksIndustrial rocks
Dimension stoneDimension stone
Semi-precious stones andSemi-precious stones and
mineral specimenmineral specimen
4. Backbone of the Namibian Economy
MMEMME Ministry of Mines and EnergyMinistry of Mines and Energy
DIAMONDSDIAMONDS
Offshore productionproduction 1.1 million carats (2012)
Advanced and
unique mining
technologies
5. Backbone of the Namibian Economy
MMEMME Ministry of Mines and EnergyMinistry of Mines and EnergyDiamondsDiamonds
Land production 559 408Land production 559 408 carats
6. Backbone of the Namibian Economy
MMEMME IMPORTANCE OF MINING INIMPORTANCE OF MINING IN
THE NAMIBIAN ECONOMYTHE NAMIBIAN ECONOMY
2012/13:2012/13:
9.35 % GDP*9.35 % GDP*
53 % Export-earnings53 % Export-earnings
Diamonds:Diamonds:
6 % of world production (value)6 % of world production (value)
95-98% Gemstone quality95-98% Gemstone quality
7. Backbone of the Namibian Economy
MMEMME
ROYALTIESROYALTIES
5% on5% on dimension stonedimension stone
10% on d10% on diamondsiamonds
1% - 5% on1% - 5% on all other commoditiesall other commodities
8. Backbone of the Namibian Economy
MMEMME Ministry of Mines and EnergyMinistry of Mines and Energy
URANIUMURANIUM
Production 5000 tProduction 5000 t U3O8
(2012)(2012)
9. Backbone of the Namibian Economy
MMEMME Ministry of Mines and EnergyMinistry of Mines and Energy
NEW DEVELOPMENTSNEW DEVELOPMENTS
Husab uranium mine -Husab uranium mine -
((Set to be the 2Set to be the 2ndnd
largest uranium minelargest uranium mine
in the Worldin the World))
TschudiTschudi Copper mineCopper mine
Otjikoto Gold MineOtjikoto Gold Mine
10. Backbone of the Namibian Economy
MMEMME Ministry of Mines and EnergyMinistry of Mines and Energy
EXPLORATIONEXPLORATION
Exploration for Precious MetalsExploration for Nuclear FuelExploration for Precious Stones
Exploration for Industrial MineralsExploration for Base and Rare Metals Exploration for Dimension Stones
11. Backbone of the Namibian Economy
MMEMME Ministry of Mines and EnergyMinistry of Mines and Energy
The Ministry of MinesThe Ministry of Mines
and Energy promotesand Energy promotes
exploration andexploration and
mining through themining through the
services of a vibrantservices of a vibrant
Geological Survey andGeological Survey and
the Directorate ofthe Directorate of
Mining’s efficientMining’s efficient
administration ofadministration of
modern miningmodern mining
legislationlegislation
Centrally located in Windhoek, it houses information about someCentrally located in Windhoek, it houses information about some
100 years of exploration in Namibia, as well as modern geological,100 years of exploration in Namibia, as well as modern geological,
geophysical and geochemical data; and provides licensing servicesgeophysical and geochemical data; and provides licensing services
PROMOTION OF MINERAL POTENTIALPROMOTION OF MINERAL POTENTIAL
Ministry of Mines and EnergyMinistry of Mines and Energy
12. Minerals (Prospecting and Mining) Act 1992 (Act 33 of 1992)
•The Government of Namibia has developed a minerals policy to ensure the continued
development of the mining industry.
•Contribute to the creation of an environment that attracts both foreign and local
investment in mining.
Contribute to the development of opportunities for the Namibian people to benefit
from their country’s mineral resources in line with the Government’s policy on socio-
economic upliftment.
MINING LEGISLATIONMINING LEGISLATION
13. Namibia has a comparative advantage in terms of:
Conducive investment climate
Regulatory frameworks in place
Export processing zones (EPZ’s)
15. The Joint Value Addition Committee (JVAC) was sanctioned by the
Committee of Ministers as per NDP4 objectives
It is constituted of:
• Ministry of Trade and Industry
• Ministry of Mines and Energy
• Ministry of Finance
• National Planning commission
• Chamber of Mines
16. Limit the export of “raw” Namibian minerals;
increase export revenue;
create more job opportunities
Diversify and stimulate economic growth.
OBJECTIVE OF (JVAC)
17. To ensure national participation in the discovery,
exploitation and beneficiation of Namibia’s mineral
resources
whilst developing and consolidating a portfolio of high
quality assets
and services for the benefit of its stakeholders.
18. The government requires Exploration and MiningThe government requires Exploration and Mining
to have Environmental/Monitoring Assessmentto have Environmental/Monitoring Assessment
PlanPlan