This site uses cookies to provide you with a more responsive and personalized service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.

Bookmark Email Print page

Deloitte Namibia Views for Mining

Putting the record straight


DOWNLOAD  

Following a Cabinet decision, in late April 2011, the Honourable Minister of Mines and Energy, declared uranium, gold, copper, coal, diamonds and rare earth metals as strategic minerals.

 

The decision was motivated by a Government belief that although the mining sector is a significant contributor to the Namibian economy, the sector’s share to government revenue is disproportionate to its share of the gross domestic product. The belief is that Namibia mainly benefits from its natural resources through royalty payments. 

Stay connected: