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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]
Almost the entire coastline is covered by exploration and mining licenses. Offshore mining techniques have been pioneered in Namibia and the country has firmly been established as the world leader in marine diamond mining. Inland, in the vicinity of Gibeon, 60 barren pipes of kimberlite of post-Karoo age have been identified. The northeast of ...
The Navachab Gold Mine is an open-pit gold mine situated near Karibib, in the Erongo Region of Namibia. The operation is owned by QKR. [1] Navachab, the oldest gold mine in Namibia, takes its name from the local Navachab farm, where the gold deposit was found. The deposit is located 6 km south of the Okahandja-Swakopmund road. [2]
The Uis tin mine is a large open pit mine located in the western part of Namibia in Erongo Region. Uis represents one of the largest tin reserves in Namibia, having estimated reserves of 60 million tonnes of ore grading 0.13% tin. [1] The mine is owned by the London-based AfriTin Mining Ltd.. [2]
Taurus owns ninety percent of Swakop Uranium. The remaining 10% is owned by Epangelo Mining Company, the Namibian state-owned mining company. [9] CGNPC's investment in Swakop Uranium is one of the biggest investments in Namibia since its independence, and by far the single biggest investment by China in Africa. More than US$100-million (in ...
Uranium production is an important part of the African economy, with Niger, Namibia and South Africa creating up to 18% of the world's annual production. Many African countries produce uranium or have untapped uranium ore deposits. [citation needed] [1]
The Karowe Mine ("Karowe" is a local Sesarwa term for "a precious stone"), situated in northern Botswana was discovered in 1970 by De Beers, which also found the Orapa, the country's first diamond mine, plus three others in the mid-1970s.
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