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

Backbone of the Namibian Economy

MINERALS,MINERALS,MINERAL POTENTIAL,MINERAL POTENTIAL,

EXPLORATION &EXPLORATION &

MINING INMINING INNAMIBIANAMIBIA

Hon. Isak KataliHon. Isak Katali

Minister of Mines and Minister of Mines and

Energy NamibiaEnergy Namibia

MMEMME Ministry of Mines and EnergyMinistry of Mines and Energy

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 being with slag from copper smelting being more than 500 years old, the first formal more than 500 years old, the first formal mine, the Matchless Mine, opening in mine, the Matchless Mine, opening in 1857, and indigenous people winnowing 1857, 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

Backbone of the Namibian Economy

MMEMME Ministry of Mines and EnergyMinistry of Mines and Energy

THE NAMIBIAN MINERAL RESOURCESTHE NAMIBIAN MINERAL RESOURCES

Diamonds Diamonds Uranium and fossil fuelsUranium and fossil fuels Base metalsBase metals Rare metalsRare metals Precious metalsPrecious metals Industrial mineralsIndustrial minerals Industrial rocksIndustrial rocksDimension stoneDimension stoneSemi-precious stones andSemi-precious stones and

mineral specimenmineral specimen

Backbone of the Namibian Economy

MMEMME Ministry of Mines and EnergyMinistry of Mines and Energy

DIAMONDSDIAMONDSOffshore production production 1.1 million carats (2012)

Advanced and unique mining technologies

Backbone of the Namibian Economy

MMEMME Ministry of Mines and EnergyMinistry of Mines and EnergyDiamondsDiamonds

Land production 559 408 Land production 559 408 carats

Backbone of the Namibian Economy

MMEMME IMPORTANCE OF MINING IN IMPORTANCE 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

Backbone of the Namibian Economy

MMEMMEROYALTIESROYALTIES

5% on 5% on dimension stonedimension stone

10% on d10% on diamondsiamonds

1% - 5% on1% - 5% on all other commodities all other commodities

Backbone of the Namibian Economy

MMEMME Ministry of Mines and EnergyMinistry of Mines and Energy

URANIUMURANIUM

Production 5000 t Production 5000 t U3O8

(2012)(2012)

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 mine largest uranium mine

in the Worldin the World))

TschudiTschudi Copper mineCopper mine

Otjikoto Gold MineOtjikoto Gold Mine

Backbone of the Namibian Economy

MMEMME Ministry of Mines and EnergyMinistry of Mines and Energy

EXPLORATIONEXPLORATIONExploration for Precious MetalsExploration for Nuclear FuelExploration for Precious Stones

Exploration for Industrial MineralsExploration for Base and Rare Metals Exploration for Dimension Stones

Backbone of the Namibian Economy

MMEMME Ministry of Mines and EnergyMinistry of Mines and Energy

The Ministry of Mines The Ministry of Mines and Energy promotes and Energy promotes exploration and exploration and mining through the mining through the services of a vibrant services of a vibrant Geological Survey and Geological Survey and the Directorate of the Directorate of Mining’s efficient Mining’s efficient administration of administration of modern mining modern mining legislationlegislation

Centrally located in Windhoek, it houses information about some Centrally 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

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

Namibia has a comparative advantage in terms of: Conducive investment climate Regulatory frameworks in place Export processing zones (EPZ’s)

INFRASTRUCTUREINFRASTRUCTURE

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

Limit the export of “raw” Namibian minerals; increase export revenue; create more job opportunities Diversify and stimulate economic growth.

OBJECTIVE OF (JVAC)

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.

The government requires Exploration and Mining The government requires Exploration and Mining to have Environmental/Monitoring Assessment to have Environmental/Monitoring Assessment PlanPlan

CHALLENGESCHALLENGES Turbulent World economy Turbulent World economy

Depressed commodity pricesDepressed commodity prices

Skills shortageSkills shortage

Energy and water shortagesEnergy and water shortages

Backbone of the Namibian Economy

MMEMME Ministry of Mines and EnergyMinistry of Mines and Energy

Thank you!Thank you!