Namibia Mining Revenue Dips Slightly But Jobs Surge: Key Sector Review
IANS | July 12, 2025 7:41 PM CST
Windhoek, July 11 (IANS) Namibia's mining industry generated a total revenue of 51.4 billion Namibian dollars (about 2.89 billion U.S. dollars) in 2024, representing a marginal 0.4 per cent decrease from the previous year.
This slight decline was primarily attributed to lower revenues from diamond mining, according to the Chamber of Mines of Namibia's 2024 Annual Review, released Friday, Xinhua news agency reported.
Veston Malango, chief executive officer of the Chamber of Mines of Namibia presented the review, which offers a comprehensive overview of the sector's performance, challenges and strategic outlook.
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