Alerts Sign in
Advertise with Namibia News Now
Back
business

Mining remains Namibia’s biggest wealth creator

Namibia’s mining sector continues to cement its position as the country’s biggest wealth creator, generating more than N$64 billion in mineral sales in 2025. This is despite a difficult year because of a slump in diamond markets. Total mineral sales increased by 25% from N$51.3 billion recorded in 2024, with strong performances in gold and […] The post Mining remains Namibia’s biggest wealth creator appeared first on The Namibian .

The Namibian8 Aug 2026, 01:19 pm
Mining remains Namibia’s biggest wealth creator

Namibia’s mining sector continues to cement its position as the country’s biggest wealth creator, generating more than N$64 billion in mineral sales in 2025.

This is despite a difficult year because of a slump in diamond markets.

Advertise with Namibia News Now

Total mineral sales increased by 25% from N$51.3 billion recorded in 2024, with strong performances in gold and uranium helping to cushion the impact of a 9.4% contraction in overall mining activity.

Chamber of Mines president George Botshiwe says the sector’s resilience reflects Namibia’s growing mineral diversification, as traditional diamond dependence gives way to increased contributions from uranium, gold and emerging minerals.

Speaking at the official opening of the 13th Chamber of Mines Expo and Conference in Windhoek on Wednesday, Botshiwe said the sector continued to deliver significant economic benefits through taxes, exports, investment and employment.

Advertise with Namibia News Now
Originally published by The Namibian on 8 Aug 2026, 01:19 pm. View original article
Advertise with Namibia News Now