• Home
  • News
  • Magazine
    • Current Edition
    • Previous Editions
  • Climate
  • Minerals
  • Mining
  • All About Namibia’s Extractive Sector
  • Contact
  • Menu Item
Monday, June 8, 2026
  • Login
The Extractor Magazine
  • Home
  • News
    • All
    • Africa
    • Biofuels
    • Climate
    • Copper
    • Exploration
    • Lithium
    • Minerals
    • Mining
    • Namibia
    • Nickel
    • Oil & Gas
    • Precious Metals
    • RIGS & VESSELS
    • Silver
    • Uranium
    Serval confirms copper mineralisation in Namibia’s Kaoko Basin

    Serval confirms copper mineralisation in Namibia’s Kaoko Basin

    China National Nuclear Corporation cleared to partner with Bannerman in Etango Uranium Project

    China National Nuclear Corporation cleared to partner with Bannerman in Etango Uranium Project

    British Virgin Island-registered Chinese company acquires Okorusu Fluorspar

    British Virgin Island-registered Chinese company acquires Okorusu Fluorspar

    London-listed Arkle buys Namibia uranium stake for N$49m

    Arkle brings in London mining broker as Namibia uranium push gathers pace

    bp to launch large-scale 3-D seismic survey in Walvis Basin before end of 2026

    bp to launch large-scale 3-D seismic survey in Walvis Basin before end of 2026

    Koryx Copper Resources’ Haib Mine: One of the oldest copper deposits in Africa

    Haib expected to process 40 million tonnes of material after redesign

    Tower Resources bets big on Walvis Basin potential

    Tower Resources raises £1.87m through 2 share subscriptions

    Nasan Energies takes over divested Engen and Shell service stations

    Nasan Energies takes over divested Engen and Shell service stations

    TotalEnergies buys 19,89% combined interest in Impact Oil’s Blocks 2912 and 2913B in Orange Basin

    Impact sheds South African assets to focus on Namibia’s Venus project

    Kaoko Metals launches IPO to fund copper exploration in northern Namibia

    Namibia turning explorers into market winners, says FitzGerald

    Trending Tags

  • Magazine
    • Current Edition
    • Previous Editions
  • Climate
  • Minerals
  • Mining
  • All About Namibia’s Extractive Sector
  • Contact
  • Menu Item
No Result
View All Result
The Extractor Magazine
No Result
View All Result
Home News Africa

Andrada contributes N$690m to Namibia’s economy in 2023

by Editor
October 31, 2023
in Africa, Lithium, Namibia, News
0
Andrada contributes N$690m to Namibia’s economy in 2023
524
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Andrada Mining says it has contributed about N$690m to the Namibian economy through procurement, royalties and taxes in 2023.

Of the N$690m, Andrada says N$45m was spent on royalties and taxes.

The company is developing the Uis Tin Project, the Nai-Nais Lithium Ridge for tantalum, the Spodumene Hill for lithium and tantalum, and Brandberg West for tungsten and copper – all in the Erongo Region of Namibia.

According to the Andrada Mining Sustainability Report for 2023, the company’s procurement outlay was N$203m spent on 225 local suppliers.

One hundred and seven of the companies were from the Erongo region.

Ninety-nine per cent of the Uis Mine workforce comprises Namibian nationals, with 28% female, while 38% women are in management.

The company also says they trained 1 145 individuals in health and safety protocols, which further enhanced Uis Mine’s safety culture.

Andrada has collaborated with a non-profit organisation to implement feeding schemes for vulnerable children and elderly at the Tatamutsi informal settlement in Uis.

Additionally, Andrada has refurbished roads and donated sports equipment and gardening implements to local schools.

Andrada CEO Anthony Viljoen says sustainability is the company’s bedrock and is intricately woven into its business model.

“Since inception, we have contributed significantly to the national economy through job creation and procurement. As the focus turns to climate-smart economies globally, there is increased focus on the natural environment.

“We focus on managing all resources, including biodiversity and water, while producing minerals key to the green energy transition. We are committed to creating long-lasting value for all our stakeholders.”
Andrada Mining says it has contributed about N$690m to the Namibian economy through procurement, royalties and taxes in 2023.

Of the N$690m, Andrada says N$45m was spent on royalties and taxes.

The company is developing the Uis Tin Project, the Nai-Nais Lithium Ridge for tantalum, the Spodumene Hill for lithium and tantalum, and Brandberg West for tungsten and copper – all in the Erongo Region of Namibia.

According to the Andrada Mining Sustainability Report for 2023, the company’s procurement outlay was N$203m spent on 225 local suppliers.

One hundred and seven of the companies were from the Erongo region.

Ninety-nine per cent of the Uis Mine workforce comprises Namibian nationals, with 28% female, while 38% women are in management.

The company also says they trained 1 145 individuals in health and safety protocols, which further enhanced Uis Mine’s safety culture.

Andrada has collaborated with a non-profit organisation to implement feeding schemes for vulnerable children and elderly at the Tatamutsi informal settlement in Uis.

Additionally, Andrada has refurbished roads and donated sports equipment and gardening implements to local schools.

Andrada CEO Anthony Viljoen says sustainability is the company’s bedrock and is intricately woven into its business model.

“Since inception, we have contributed significantly to the national economy through job creation and procurement. As the focus turns to climate-smart economies globally, there is increased focus on the natural environment.

“We focus on managing all resources, including biodiversity and water, while producing minerals key to the green energy transition. We are committed to creating long-lasting value for all our stakeholders.”

Share210Tweet131
Editor

Editor

  • Trending
  • Comments
  • Latest
Private company led by John Sisay to revive Tschudi, Otjihase, Matchless and Berg Aukas mines  

Private company led by John Sisay to revive Tschudi, Otjihase, Matchless and Berg Aukas mines  

February 6, 2024
ReconAfrica to drill first well in the Damara Fold Belt after raising N$238m

ReconAfrica to drill first well in the Damara Fold Belt after raising N$238m

April 3, 2024
Gratomic targets 12,000t of vein graphite from Aukam mine this year

Gratomic targets 12,000t of vein graphite from Aukam mine this year

February 3, 2024
Askari Metals puts hopes on Kestrel Pegmatite within the Uis Lithium Project

Askari Metals puts hopes on Kestrel Pegmatite within the Uis Lithium Project

3
Namibia holds 26 million ounces of silver

Namibia holds 26 million ounces of silver

3
2024 HOPEFULS: Langer Heinrich’s return after five years

2024 HOPEFULS: Langer Heinrich’s return after five years

2
Kendrick sees world-class rare earth potential emerging Kieshöhe Project near Lüderitz

Kendrick sees world-class rare earth potential emerging Kieshöhe Project near Lüderitz

June 8, 2026
Kameelburg delivers 99% strontium recovery, 72% rare earth extraction

Kameelburg delivers 99% strontium recovery, 72% rare earth extraction

June 8, 2026
Serval confirms copper mineralisation in Namibia’s Kaoko Basin

Serval confirms copper mineralisation in Namibia’s Kaoko Basin

June 7, 2026
  • Home
  • News
  • Magazine
  • Climate
  • Minerals
  • Mining
  • All About Namibia’s Extractive Sector
  • Contact
  • Menu Item

Copyright © 2023 The Extractor Magazine. | Powered by: Impeccable Tech & Designs

No Result
View All Result
  • Home
  • News
  • Magazine
    • Current Edition
    • Previous Editions
  • Climate
  • Minerals
  • Mining
  • All About Namibia’s Extractive Sector
  • Contact
  • Menu Item

Copyright © 2023 The Extractor Magazine. | Powered by: Impeccable Tech & Designs

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In