Namibia promotes vision of a 'green' future
Namibia is taking part in the 30th African Mining Indaba in Cape Town, South Africa, which continues until Thursday. According to mines and energy minister Tom Alweendo, the opportunity offers Namibia a chance to highlight the country's potential and to share best practices with other mining countries in the region and globally.
Mineral resources in Namibia include diamonds, gold, copper, zinc, uranium, rare earth metals and many more yet to be discovered.
Some of these resources are particularly important for renewable energy equipment, according to the ministry, which insists that, together with the favourable policy environment, this makes Namibia a favourite choice for mining investment.
Crucial for the economy
Mining is already crucial for the local economy, contributing up to 12.2% of the gross domestic product (GDP) in 2022 and even 14.3% when considering the processing of minerals and value addition.
Namibia is taking bold steps towards sustainable mining, aligning with the theme of the country's participation in the indaba to create a 'green' future.
Delegates from the Geological Survey of Namibia, Epangelo, Nampower, the Chamber of Mines, and NIPDB are currently in Cape Town, along with representatives from the ministry. The delegation is led by Gloria Simubali, the deputy executive director of the mines and energy ministry.
"It is essential that we create an understanding with our potential investment partners that Namibia's steadfast position on adding value to our minerals is crucial for the growth of the Namibian economy. To achieve a green tomorrow, we must strengthen our commitment to sustainable mining practices with the increasing global demand for critical minerals,” according to Alweendo.
– [email protected]
Mineral resources in Namibia include diamonds, gold, copper, zinc, uranium, rare earth metals and many more yet to be discovered.
Some of these resources are particularly important for renewable energy equipment, according to the ministry, which insists that, together with the favourable policy environment, this makes Namibia a favourite choice for mining investment.
Crucial for the economy
Mining is already crucial for the local economy, contributing up to 12.2% of the gross domestic product (GDP) in 2022 and even 14.3% when considering the processing of minerals and value addition.
Namibia is taking bold steps towards sustainable mining, aligning with the theme of the country's participation in the indaba to create a 'green' future.
Delegates from the Geological Survey of Namibia, Epangelo, Nampower, the Chamber of Mines, and NIPDB are currently in Cape Town, along with representatives from the ministry. The delegation is led by Gloria Simubali, the deputy executive director of the mines and energy ministry.
"It is essential that we create an understanding with our potential investment partners that Namibia's steadfast position on adding value to our minerals is crucial for the growth of the Namibian economy. To achieve a green tomorrow, we must strengthen our commitment to sustainable mining practices with the increasing global demand for critical minerals,” according to Alweendo.
– [email protected]
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