Namibia was recently ranked as the most attractive African investment jurisdiction in the Fraser Institute Mining survey Although not traditionally recognised for its gold potential Namibia has several outstanding gold mines including the Otjikoto Gold Mine B2Gold and Navachab Gold Mine QKR Corp
Namibia is the world s third largest producer of uranium in 2023 with output up by 14% on 2022 MT Menu The gold standard of business intelligence Mining news and in depth feature articles on the latest mining company deals and projects covering trends in mineral exploration with up to date data on the most mined metal and mineral
Namibia s mining sector is ranked among the top 10 in Africa for investment attractiveness by the Fraser Institute Annual Survey of Mining Companies in 2021 The mining industry is a significant contributor to the country s economy with minerals such as diamonds gold lead zinc tin lithium and uranium being mined In 2021 the mining
Since 2006 uranium mining in Namibia has seen the country become the 6th largest producer in the world Diamond mining in Namibia produces about 2% of the world s total diamond supply ranking the country the 8th highest global producer of this mineral Find out how a subscription to Africa Mining IQ can grow your business in Namibian mining
2 B2Gold Announces Positive Exploration Drilling Results from Antelope Deposit at Otjikoto Mine in Namibia Highlighting the Potential to Expand Underground Gold Production through Early 2030 s
Auryx Gold the company he founded in conjunction with his long term business partner Alan Friedman took Otjikoto up the value curve to the point where it attracted the attention of Canada s B2Gold an established gold producer that was looking for expansion
B2Gold is a low cost international senior gold producer headquartered in Vancouver Canada Founded in 2007 today B2Gold has three operating gold mines and numerous development and exploration projects in various countries including Mali the Philippines Namibia Colombia Finland and Uzbekistan
Canadian company Trigon Metals officially restarted mining at its Kombat copper project in May 2023 while Deep South Resources had its mining licence for Namibia reinstated last June The projects have been heralded by the companies as not only helping to revitalise Namibia s copper industry but also providing financial and job opportunities
Osino Resources Corp Osino says its shareholders are scheduled to vote on the company s sale to Chinese mining company Yintai Gold in a cash deal valued at N$ billion The transaction is expected to close in the first half of 2024 The announcement by the gold exploration company comes as representatives from Yintai Gold were
The Namibian mining industry strives to play an active role in sustainable development by implementing world class environmental practices in their operations Through the implementation of these practices exploration and mining companies can maintain a good relationship with regulators lawmakers investors and the communities in which
Navachab Gold Mine covers mining licences 31 and 180 the accessory works area in mining licence 31 and the exclusive prospecting licences 999 and 3275 From its inception in 1989 mining was done by a contractor Karibib Mining and Construction Company until January 2004 when it went into owner mining
The Karibib project also contains significant gold exploration potential The Company s project portfolio is displayed below Brines Mining Exploration Namibia Pty Ltd BME is a Namibian registered company and owner of Exclusive Prospecting Licenses EPLs covering the Bitterwasser Project located in the Hardap Region in the southern
Canadian miner B2Gold Corp has unearthed a glittering opportunity in Namibia s soil The company announced the discovery of an estimated 390 000 ounces of gold at the Springbok Zone located near their Otjikoto Mine
Mining Namibia s leading economic sector accounts for roughly 10 percent of Namibia s GDP a 50 50 joint venture between the Namibian government and De Beers is the primary land based diamond mining company Otjikoto Mine B2Gold B2Gold is a low cost international senior gold producer headquartered in Vancouver Canada Founded in 2007
Dual listed gold major B2Gold s Otjikoto mine in Namibia may not be the largest producer in the company s three operating mines portfolio but nonetheless it is a star performer which was the first within the Namibian mining sector to add synchronicity to the plant meaning it can autonomously stop and start as required In fact
Responsible mining is not only a desirable option but also an imperative Therefore it is my expectation that mining companies in Namibia prioritising sustainable practices that minimise environmental impacts uphold human rights and contribute to the social and economic well being of local communities
Furthermore the study aims to identify the specific programs or initiatives implemented by mining companies in Namibia to develop the skills and capacities of youth in the country Lastly the study assessed the effectiveness of mining companies efforts towards youth capacity development and what metrics are used to measure success Table 1
In anticipation of being granted a mining licence Bezant Resources continues with exploration on its 70% owned Hope and Gorob copper/gold project in central Namibia The company has also
B2Gold is a low cost international senior gold producer headquartered in Vancouver Canada Founded in 2007 today B2Gold has operating gold mines in Mali Namibia and the Philippines the Goose Project under construction in northern Canada and numerous development and exploration projects in various countries including Mali Colombia and Finland
The definitive feasibility study DFS for the project is currently ongoing and is expected to be completed by mid 2023 Location The Twin Hills gold project is located in central Namibia 20km from the nearby town of Karibib and 150km from Windhoek the capital city in the Erongo The project is situated 5km from the sealed national highway system and
Namibia s biggest gold mine B2Gold Namibia which last week announced a phased closure process has for the past nine years sold gold worth over N$25 billion The mine made a profit of N$5
The rapidly developing Twin Hills is book ended by two established Namibian gold producers Otjikoto about 250 km to the northeast and the Navachab gold mine 20 km to the southwest which is the largest gold deposit in southern Africa outside of the Witwatersrand Basin in South Africa where mining companies had developed techniques for
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