Backbone of the Namibian Economy
MINERALS,MINERALS,
MINERAL POTENTIAL,MINERAL POTENTIAL,
EXPLORATION &EXPLORATION &
MINING...
Backbone of the Namibian Economy
HISTORYHISTORYMMEMME Ministry of Mines and EnergyMinistry of Mines and Energy
Mining has ...
Backbone of the Namibian Economy
MMEMME Ministry of Mines and EnergyMinistry of Mines and Energy
THE NAMIBIAN MINERAL RESO...
Backbone of the Namibian Economy
MMEMME Ministry of Mines and EnergyMinistry of Mines and Energy
DIAMONDSDIAMONDS
Offshore...
Backbone of the Namibian Economy
MMEMME Ministry of Mines and EnergyMinistry of Mines and EnergyDiamondsDiamonds
Land prod...
Backbone of the Namibian Economy
MMEMME IMPORTANCE OF MINING INIMPORTANCE OF MINING IN
THE NAMIBIAN ECONOMYTHE NAMIBIAN EC...
Backbone of the Namibian Economy
MMEMME
ROYALTIESROYALTIES
5% on5% on dimension stonedimension stone
10% on d10% on diamon...
Backbone of the Namibian Economy
MMEMME Ministry of Mines and EnergyMinistry of Mines and Energy
URANIUMURANIUM
Production...
Backbone of the Namibian Economy
MMEMME Ministry of Mines and EnergyMinistry of Mines and Energy
NEW DEVELOPMENTSNEW DEVEL...
Backbone of the Namibian Economy
MMEMME Ministry of Mines and EnergyMinistry of Mines and Energy
EXPLORATIONEXPLORATION
Ex...
Backbone of the Namibian Economy
MMEMME Ministry of Mines and EnergyMinistry of Mines and Energy
The Ministry of MinesThe ...
Minerals (Prospecting and Mining) Act 1992 (Act 33 of 1992)
•The Government of Namibia has developed a minerals policy to ...
Namibia has a comparative advantage in terms of:
 Conducive investment climate
 Regulatory frameworks in place
 Export...
INFRASTRUCTUREINFRASTRUCTURE
The Joint Value Addition Committee (JVAC) was sanctioned by the
Committee of Ministers as per NDP4 objectives
It is consti...
 Limit the export of “raw” Namibian minerals;
 increase export revenue;
 create more job opportunities
 Diversify and ...
To ensure national participation in the discovery,
exploitation and beneficiation of Namibia’s mineral
resources
whilst de...
The government requires Exploration and MiningThe government requires Exploration and Mining
to have Environmental/Monitor...
CHALLENGESCHALLENGES
Turbulent World economyTurbulent World economy
Depressed commodity pricesDepressed commodity prices
S...
Backbone of the Namibian Economy
MMEMME Ministry of Mines and EnergyMinistry of Mines and Energy
Thank you!Thank you!
Republic of Namibia: Minerals, Mineral Potential, Exploration & Mining in Namibia
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Republic of Namibia: Minerals, Mineral Potential, Exploration & Mining in Namibia

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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

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Republic of Namibia: Minerals, Mineral Potential, Exploration & Mining in Namibia

  1. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 13. Namibia has a comparative advantage in terms of:  Conducive investment climate  Regulatory frameworks in place  Export processing zones (EPZ’s)
  14. 14. INFRASTRUCTUREINFRASTRUCTURE
  15. 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. 16.  Limit the export of “raw” Namibian minerals;  increase export revenue;  create more job opportunities  Diversify and stimulate economic growth. OBJECTIVE OF (JVAC)
  17. 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. 18. The government requires Exploration and MiningThe government requires Exploration and Mining to have Environmental/Monitoring Assessmentto have Environmental/Monitoring Assessment PlanPlan
  19. 19. CHALLENGESCHALLENGES Turbulent World economyTurbulent World economy Depressed commodity pricesDepressed commodity prices Skills shortageSkills shortage Energy and water shortagesEnergy and water shortages
  20. 20. Backbone of the Namibian Economy MMEMME Ministry of Mines and EnergyMinistry of Mines and Energy Thank you!Thank you!

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