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View of Navachab gold mine. Mining is the biggest contributor to Namibia's economy in terms of revenue. It accounts for 25% of the country's income. [1] Its contribution to the gross domestic product (10.4% in 2009, 8.5% in 2010, 9.5% in 2011, 12.3% in 2012, 13.2% in 2013, 11.6% in 2014) is also very important and makes it one of the largest economic sectors of the country. [2]
Article 95 states, "The State shall actively promote and maintain the welfare of the people by adopting international policies aimed at the following: maintenance of ecosystems, essential ecological processes, and biological diversity of Namibia, and utilization of living natural resources on a sustainable basis for the benefit of all Namibians ...
Uranium mining in Namibia is of considerable importance to the national economy. In 2020, Namibia produced 11% of uranium worldwide, ranked as the second largest producer, behind Kazakhstan. [1] [2] Uranium is one of the five mineral resources that were declared "strategic" by the Namibian government in 2011. [3]
Tourism is a major contributor (14.5%) to Namibia's GDP, creating tens of thousands of jobs (18.2% of all employment) directly or indirectly and servicing over a million tourists per annum. [47] The country is among the prime destinations in Africa and is known for ecotourism which features Namibia's extensive wildlife .
Even with substantial improvements in the '90s after Namibia's independence, blacks and their unions still claim being disadvantaged. [ 17 ] For 2006 and 2007 the mine management has announced investment of about US$112 million, mostly on mining equipment such as haul trucks and shovels, as well as on updating the processing plant.
A large low-grade coalfield was found near Aranos, at depths of 250 to 300 metres (820 to 980 ft). Large, low-grade anthracite coal deposits are located along the coastline between the Huab River and Toscanini. Industrial mineral production in Namibia includes salt, fluorspar, wollastonite and dimension stone. [15]
Namibia Nature Foundation, established in 1987, is a non-profit and non-governmental organisation located in Windhoek, Namibia.The organisation implements projects under the programmatic areas of sustainable forestry, CBO strengthening, sustainable agriculture, combatting wildlife crime, marine and coastal conservation, freshwater and inland fisheries, technical services, and applied ...
Swakop Uranium has an environmental management plan committed to caring for all species of fauna and flora found near, or within, its exploration and mining areas. [11] Welwitschia mirabilis, an ancient plant, grows in areas around the mine. Carbon dating shows that medium-sized plants can be as old as 1,000 years.