Also known as: the Chamber
Chamber of Mines of Namibia — industry body tracking mining production, employment, and commodity prices, reporting on sector performance and policy tensions in 2026.
Key points drawn from coverage. Tap a point to see the original sentence.
Informanté
Chamber of Mines of Namibia has said it anticipates weaker real growth from mining sector in 2026
“THE Chamber of Mines of Namibia has said that it anticipates weaker real growth from the mining sector in 2026, reflecting lower production across several key commodities.”
Namibia’s mining sector outlook remains positive despite uneven production and global headwindsWindhoek Observer
Chamber of Mines of Namibia said sustained tin price strength provides favourable market environment for Andrada's Uis tin mine
“The chamber said sustained strength in tin prices provides a favourable market environment for Andrada's Uis tin mine, supporting revenues and improving the investment outlook for further development and expansion of this project.”
Gold, uranium, copper, tin benefit from strong commodity pricesThe Namibian
Chamber of Mines of Namibia published mining update for June-July noting continued weakness in diamond market remains significant drag
“According to the mining update for June-July by the Chamber of Mines of Namibia, the continued weakness in the diamond market, however, remains a significant drag, while high oil and energy prices have increased input, transport and logistics costs across mining operations.”
Good mineral prices boost Namibia’s earningsWindhoek Observer
Chamber of Mines of Namibia anticipates weaker real growth from mining sector in 2026
“In the immediate term, the Chamber of Mines of Namibia anticipates weaker real growth from the mining sector in 2026, reflecting lower production across several key commodities.”
Mining sector outlook remains positive despite uneven productionWindhoek Observer
Chamber of Mines of Namibia employed 20,798 people during 2025
“The Chamber of Mines of Namibia member companies employed 20 798 people during 2025.”
Mining focusing on local employment, skills developmentWindhoek Observer
Chamber of Mines of Namibia noted that rising fuel prices are increasing cost pressures for mining sector
“The Chamber of Mines of Namibia has noted that rising fuel prices are increasing cost pressures for the mining sector, highlighting the importance of continued efficiency improvements and the adoption of innovative energy solutions to maintain competitiveness.”
Rising fuel prices place pressure on mining sectorInformanté
Chamber of Mines of Namibia has noted rising fuel prices are increasing cost pressures for the mining sector
“THE Chamber of Mines of Namibia has noted that rising fuel prices are increasing cost pressures for the mining sector, highlighting the importance of continued efficiency improvements and the adoption of innovative energy solutions to maintain competitiveness.”
Rising fuel prices place growing cost pressure on Namibia’s mining sectorWindhoek Observer
Chamber of Mines of Namibia announced mining sector sustained more than 166,000 jobs in 2025
“The recent announcement by the Chamber of Mines of Namibia that the mining sector sustained more than 166,000 jobs in 2025 is undoubtedly encouraging news.”
THE TURNING POINT | Who should create jobs in Namibia? Revisiting the role of government and the private sectorWindhoek Observer
Chamber of Mines of Namibia released figures showing mining sector sustained more than 166 000 jobs in 2025
“According to figures released by the Chamber of Mines of Namibia, the sector supported 20 798 direct jobs during the year.”
Mining sector sustains more than 166 000 jobsWindhoek Observer
Chamber of Mines of Namibia raised concerns about investor confidence, capital flight and chilling effect on investment
“Predictably, concerns were raised within the mining industry about investor confidence, capital flight and the potential chilling effect on foreign direct investment.”
Namibia’s minerals must first serve NamibiaSkeleton Basin Investments Limited has appointed three independent non-executive directors, including Debmarine Namibia chief executive officer Willy Mertens as chairman of the board, effective 25 September 2026.
28 September 2026 · Windhoek Observer →
Skeleton Basin Investments Limited has appointed three independent non-executive directors, including Debmarine Namibia chief executive officer Willy Mertens as chairman of the board, effective 25 September 2026.
28 September 2026 · Windhoek Observer →
The Chamber of Mines of Namibia anticipates weaker real growth from the sector in 2026, with lower production across gold, zinc, and diamonds, though strong uranium and gold prices are expected to support revenues and export earnings. The near-term picture reflects weaker production growth but comparatively resilient value generation as the industry transitions towards a broader production base.
30 August 2026 · Informanté →
Strong gold and uranium prices provide a favourable operating environment for Namibia's producers in July. Uranium prices were 19% higher year-on-year, while the Bank of Namibia has acquired 8,573.52 ounces of gold valued at approximately N$568.1 million as part of its domestic gold acquisition initiative to strengthen official reserve assets.
28 August 2026 · Windhoek Observer →
Elevated prices for gold, uranium, copper and zinc on the international market continue to boost Namibia's export earnings and mining profitability, though weakness in the diamond market and high energy costs remain headwinds, according to the Chamber of Mines of Namibia's June-July mining update.
27 August 2026 · The Namibian →
The Chamber of Mines of Namibia anticipates weaker real growth from the mining sector in 2026 due to lower production across gold, zinc, and diamonds, though strong uranium and gold prices are expected to support revenues and export earnings. Uranium and gold accounted for 22.3% and 11.8% of Namibia's total exports respectively in June.
27 August 2026 · Windhoek Observer →
Chamber of Mines member companies employed 20,798 people during 2025, with 98% of permanent employees being Namibian citizens. Since 2013, mining companies invested approximately N$1.95 billion in corporate social investment projects and around N$1.82 billion in skills development and training between 2011 and 2025.
7 August 2026 · Windhoek Observer →
Anglo American is advancing its sale process for De Beers while implementing cost-cutting measures in response to weak global diamond market conditions. MoneyWeb reports discussions on a deal valued at about US$1 billion, a steep decline from the company's earlier carrying value of US$2.3 billion after three impairments in three years.
31 July 2026 · Windhoek Observer →
The Chamber of Mines of Namibia notes that rising fuel prices are increasing cost pressures for the mining sector, with diesel and petrol prices rising by N$4.63 and N$1.40 per litre respectively. Despite strong uranium and gold prices, higher transport costs are creating a more challenging operating environment.
15 June 2026 · Windhoek Observer →
The Chamber of Mines of Namibia reports that rising fuel prices are increasing cost pressures for the mining sector, with diesel prices up N$4.63 per litre and transport inflation reaching 11.5% year-on-year as of May 2026. The sector remains cautiously optimistic due to strong uranium and gold prices, but faces a more challenging operating environment as higher fuel and transport costs weigh on competitiveness.
12 June 2026 · Informanté →
The Chamber of Mines of Namibia announced that the mining sector sustained more than 166,000 jobs in 2025, with continued advancement of uranium, gold, copper and critical mineral projects. The article explores the broader question of whether government or the private sector bears primary responsibility for job creation in Namibia, where unemployment remains a pressing challenge.
1 June 2026 · Windhoek Observer →
Namibia's mining sector sustained more than 166,000 direct and indirect jobs in 2025, with member companies employing 8,201 people in permanent positions and 97% of those roles filled by Namibians. The sector contributed N$7.96 billion in total wages and N$1.5 billion in PAYE tax, while spending N$23.97 billion on locally sourced goods and services.
1 June 2026 · Windhoek Observer →
The government's proposed 51% local ownership requirement for future mining licences has strained relations with the Chamber of Mines, which raised concerns about investor confidence and capital flight. The article argues that while foreign investment is important to the mining sector, Namibia's minerals belong first to Namibians and the country must balance competing interests.
27 May 2026 · Windhoek Observer →
The Chamber of Mines of Namibia says its relationship with government came under pressure in 2025 over disagreements on proposed local ownership requirements for mining, with engagement with the Ministry of Industries, Mines and Energy becoming difficult.
27 May 2026 · Windhoek Observer →
Namibia's mining sector paid N$7.8 billion in taxes to government in 2025, a 39% increase from N$5.6 billion in 2024, driven largely by corporate income tax from gold mining operations. Royalties rose 9% to N$2.5 billion and export levies increased 90% to N$685 million, while the mining sector's real value added contracted 9.4%.
26 May 2026 · The Namibian →
The Chamber of Mines of Namibia has appointed geologist and investment banking professional Fabian Shaanika as Chief Executive Officer, effective 1 May 2026, succeeding retired CEO Veston Malango who led the organization for two decades. Shaanika brings nearly 20 years of mining sector experience across exploration, project development, financing, and production, including recent roles at Kelp Blue and senior positions at Rand Merchant Bank and Standard Bank Namibia.
9 May 2026 · Informanté →
The Chamber of Mines of Namibia reports that major mining projects including the Tumas Uranium Project, Twin Hills Gold Project, and Etango Uranium Project continued to progress in 2025, supporting the sector's role as a main economic driver, though rising policy uncertainty is starting to affect investor confidence.
7 May 2026 · Windhoek Observer →
Fabian Shaanika, former managing director of Kelp Blue, has been appointed chief executive officer of the Chamber of Mines of Namibia, effective 1 May 2026. He brings experience from mining and resources roles at Namdeb, Vedanta's Skorpion Zinc Mine, Debmarine Namibia, and Rand Merchant Bank Namibia.
6 May 2026 · Windhoek Observer →
The Chamber of Mines of Namibia has appointed Fabian Shaanika, formerly managing director of kelp farming company Kelp Blue, as its new chief executive effective 1 May. Shaanika, a registered geologist with MBA and experience at Rand Merchant Bank, Standard Bank, Namdeb, Skorpion Zinc Mine and Debmarine Namibia, replaces Veston Malango, who retires after 20 years leading the chamber.
6 May 2026 · The Namibian →
Namibia's mining sector generated N$64.18 billion in revenue in 2025 despite contracting by 9.4%, with strong gold and uranium performances offsetting declines in diamonds and base metals. Gold prices surged about 44% while diamond prices fell 10–12%, and government contributions rose to approximately N$7.8 billion.
2 May 2026 · Informanté →
Namibia's mining competitiveness ranking fell sharply in the 2025 Fraser Institute survey, dropping from 30th to 51st globally and from 4th to 7th in Africa, as investor concerns about policy direction and regulatory clarity intensify. The Chamber of Mines attributes the decline to weakening perceptions of mining policy and governance, citing a proposed 51% local ownership requirement and new legislative changes as compounding investor uncertainty.
1 April 2026 · New Era →
The Chamber of Mines of Namibia has warned that the country's mining investment attractiveness has dropped sharply in the 2025 Fraser Institute survey, falling from 30th to 51st place out of jurisdictions ranked, citing policy uncertainty including proposed 51% local ownership requirements and planned legislation on water, environment and minerals as key concerns. The government has since clarified there is no fixed local ownership requirement, aiming to restore investor confidence.
24 March 2026 · New Era →
According to the Fraser Institute's 2025 survey, Namibia's mining investment attractiveness index fell from 66 to 56, dropping its global ranking from 30th to 51st place. Industry leaders and analysts attribute the decline to uncertainty over local ownership requirements, delays in policy implementation, and concerns about new regulatory frameworks.
23 March 2026 · The Namibian →
Namibia's non-diamond mining sector contributed N$4.4 billion in corporate income tax in 2025/26, up 54% from the prior year, driven by strong gold performance and improved commodity prices, though diamond mining tax receipts fell significantly by 69% to N$74.3 million. Overall mining sector revenues to the state, including export levies and royalties, totalled more than N$5 billion, with uranium and base metals supporting export earnings despite sustained pressure on the diamond market.
14 March 2026 · The Namibian →
Namibia's mining sector started 2026 strongly, supported by favourable commodity prices and renewed global demand for strategic minerals, with gold and uranium now accounting for the majority of sector revenues. Corporate income tax from non-diamond mining surged 54% to N$4.4 billion in 2025/26, though the diamond market remains under pressure from weak consumer demand and lab-grown competition.
11 March 2026 · Informanté →
The Chamber of Mines of Namibia supports government plans to amend mining sector taxation, including limits on loss carryforwards and tax deductions for rehabilitation and corporate social responsibility expenditures. The chamber says the changes aim to strengthen economic activity and encourage investment in community development.
10 March 2026 · The Namibian →
An audit by the auditor general found that corporate tax paid by gold mining companies fell 47.7% from 2020 to 2022 despite record production, raising concerns about tax avoidance or under-reporting. The report identifies failures by the Namibia Revenue Agency to conduct tax audits on gold mines and gaps in the Ministry of Industries, Mines and Energy's production verification controls.
25 February 2026 · The Namibian →
United States Ambassador John Giordano completed a 10-day mission across Namibia, Washington and Cape Town to mobilise American capital and technology into Namibia's oil, gas and mining industries, framing critical minerals as essential to US energy security in the "AI era". The diplomatic push aims to position US firms to compete in Namibia's offshore energy, uranium and critical minerals sectors while deepening strategic energy partnerships.
19 February 2026 · New Era →
US Ambassador John Giordano held talks with Namibian officials on expanding the US–Namibia partnership in critical minerals, citing Namibia as a regional leader in sound mining policy and responsible governance. The discussions focused on bringing American technical expertise, innovation and investment to support job creation, industrial development and energy security in the mining sector.
12 February 2026 · Informanté →