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.
Windhoek Observer
Chamber of Mines of Namibia said engagement with Ministry of Industries, Mines and Energy became difficult during 2025
“The Chamber said engagement with the Ministry of Industries, Mines and Energy became difficult during the year, especially after the ministry's mandate was expanded to include the industries portfolio.”
Mining Chamber, Govt clashed over mining ownership policyWindhoek Observer
Chamber of Mines of Namibia warned that the government's proposed 51% local ownership requirement could harm investment, competitiveness and long-term sustainability of mining sector
“The Chamber said it immediately sought urgent discussions with government and warned that the proposal could harm investment, competitiveness and the long-term sustainability of the mining sector.”
Mining Chamber, Govt clashed over mining ownership policyThe Namibian
Chamber of Mines of Namibia president George Botshiwe said mining sector paid N$7.8 billion in taxes to government in 2025
“This was said by the president of the Chamber of Mines of Namibia, George Botshiwe, in a mining industry review presented at the chamber's annual general meeting, attended by minister of industries, mines and energy Modestus Amutse on 21 May.”
Mining contributes N$7.8b to Govt coffersWindhoek Observer
Chamber of Mines of Namibia appointed Fabian Shaanika as chief executive officer, effective 1 May 2026
“The Chamber of Mines of Namibia has appointed Fabian Shaanika as its new chief executive officer, effective 1 May 2026.”
Shaanika takes over Chamber of Mines CEO positionThe Namibian
Chamber of Mines of Namibia appointed Fabian Shaanika as chief executive, effective 1 May
“The Chamber of Mines of Namibia has appointed Fabian Shaanika as its new chief executive, effective 1 May.”
Chamber of Mines appoints Fabian Shaanika as new chief executiveInformanté
Chamber of Mines of Namibia reported Namibia's mining sector generated N$64.18 billion in revenue in 2025, despite contracting by 9.4%
“THE Chamber of Mines of Namibia has reported that Namibia's mining sector generated N$64.18 billion in revenue in 2025, despite contracting by 9.4%, with strong performances in gold and uranium helping to offset declines in diamond production and other base metals.”
Strong gold, uranium offset diamond slumpNew Era
Chamber of Mines of Namibia issued a stark warning following release of Fraser Institute Annual Survey of Mining Companies 2025
“The Chamber of Mines of Namibia has issued a stark warning following the release of the Fraser Institute Annual Survey of Mining Companies 2025, which shows Namibia suffered a notable decline in competitiveness as a mining destination.”
Mining chamber cautions of policy uncertainty spooking investorsNew Era
Chamber of Mines of Namibia raised concern over Namibia's sharp drop in key global mining survey
“The Chamber of Mines of Namibia has raised concern over Namibia's sharp drop in a key global mining survey, warning that the country risks losing investment if policy uncertainty is not addressed.”
Namibia’s mining appeal drops … 51% local ownership, new laws scare investorsThe Namibian
Chamber of Mines of Namibia expressed concern over the Fraser Institute report on investment attractiveness
“The Chamber of Mines of Namibia last Thursday expressed concern over the report, saying that it shows the need for policy certainty to safeguard the sector.”
Policy uncertainty deters investments in miningThe Namibian
Chamber of Mines of Namibia reported in its latest monthly mining update for January that country's mining sector continues to play central role in national economy
“According to the Chamber of Mines of Namibia's latest monthly mining update for January, the country's mining sector continues to play a central role in the national economy, with strong performances in gold, uranium and base metals supporting export earnings and government revenues.”
Mining sector pays N$5b in corporate taxSkeleton 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 →