List of Mining Companies in Namibia
What Are Mining?
Mining is the extraction of valuable minerals or other geological materials from the Earth, usually from an ore body, lode, vein, seam, reef or placer deposit. These deposits form a mineralized commodity that is of economic interest to the miner.
Here Are Some Of The List of Mining Companies in Namibia
Northern Namibian Mining Company
Epangelo Mining Company (Pty) Ltd
B2Gold Namibia (pty) ltd – Windhoek Head Office
International Mining & Dredging Holding (Pty) Ltd
Frequently Ask Questions
What is mining in simple words in Namibia?
Mining is the process of digging things out of the ground. Mining things from the ground is called extraction. Mining can include extraction of metals and minerals, like coal, diamond, gold, silver, platinum, copper, tin and iron. Mining can also include other things like oil and natural gas.
Why are people mining in Namibia?
Mined materials are needed to construct roads and hospitals, to build automobiles and houses, to make computers and satellites, to generate electricity, and to provide the many other goods and services that consumers enjoy. In addition, mining is economically important to producing regions and countries.
Which precious stones are mined in Namibia?
Claims for semi-precious stones are reserved for Namibian nationals, many of whom make a living by dig- ging for gemstones, amongst which tourmaline, topaz, aquamarine, gar- net and amethyst are the most com- mon, and selling them in roadside stalls.
Are there diamonds in Namibia?
Namibia is a Southern African nation with rich diamond reserves. Their production comes mostly from marine sources: diamonds that have been deposited on the ocean floor as a result of river movements and ancient tidal basin flows. There are also a few small, land-based mining operations.
Is there gold in Namibia?
Mining is the biggest contributor to Namibia’s economy in terms of revenue. It accounts for 25% of the country’s income. Namibia produces diamonds, uranium, copper, magnesium, zinc, silver, gold, lead, semi-precious stones and industrial minerals. The majority of revenue (7.2% of GDP in 2011) comes from diamond mining.
How much money do you need to start a mining company in Namibia?
Opening a mine and separation plant can cost from $500 million to $1 billion, depending on the location, element, ore grade, and a variety of other factors (Schuler, 2011).
How many mines are in Namibia?
There are two operational mines: Skorpion Zinc (operated by Vedanta Resources) and Rosh Pinah (owned by various shareholders, with Exxaro Base Metals owning the largest interest at 46 percent).
How is mining done in Namibia?
There are four main mining methods: underground, open surface (pit), placer, and in-situ mining. In-situ mining, which is primarily used in mining uranium, involves dissolving the mineral resource in place then processing it at the surface without moving rock from the ground.
What are effects of mining in Namibia?
Across the world, mining contributes to erosion, sinkholes, deforestation, loss of biodiversity, significant use of water resources, dammed rivers and ponded waters, wastewater disposal issues, acid mine drainage and contamination of soil, ground and surface water, all of which can lead to health issues in local .
Why do we use data mining in Namibia ?
Data mining is a process used by companies to turn raw data into useful information. By using software to look for patterns in large batches of data, businesses can learn more about their customers to develop more effective marketing strategies, increase sales and decrease costs.
What is the disadvantage of mining in Namibia?
The disadvantages of mining include harm to air pollution, water pollution, loss of usable land, destruction of animal habitat, and harm to local communities and the miners themselves.
How dangerous is mining in Namibia?
Mines are often home to many dangerous gases including carbon monoxide, hydrogen sulfide, methane, and carbon dioxide. Due to the confined spaces, these gases are not always able to escape, building up within the mine. And due to their combustible, explosive, or toxic qualities, this is a very serious issue.
How does mining affect humans in Namibia?
Cardiopulmonary disease, chronic obstructive pulmonary disease, hypertension, lung disease, and kidney disease have been found in higher-than-normal rates among residents who live near coal mines. Mine collapses and accidents kill thousands of workers around the world every year.