Gold price surge lifts Namibia’s export earnings
Production at 1 953kg by June Elevated international gold prices boosted Namibia’s first-quarter 2026 gold export earnings to N$5.2 billion despite a sharp drop in domestic production volumes. This is according to the Bank of Namibia’s June 2026 quarterly bulletin. The central bank reports that gold production fell 27.2% quarter on quarter and 25.5% year […] The post Gold price surge lifts Namibia’s export earnings appeared first on The Namibian .
Production at 1 953kg by June
Elevated international gold prices boosted Namibia’s first-quarter 2026 gold export earnings to N$5.2 billion despite a sharp drop in domestic production volumes.
This is according to the Bank of Namibia’s June 2026 quarterly bulletin.
The central bank reports that gold production fell 27.2% quarter on quarter and 25.5% year on year to 1 953kg during the first quarter, largely due to resource depletion and water supply constraints affecting mining operations.
