• Home
  • News
  • Magazine
    • Current Edition
    • Previous Editions
  • Climate
  • Minerals
  • Mining
  • All About Namibia’s Extractive Sector
  • Contact
  • Menu Item
Monday, October 12, 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
    Why Elizabeth Bay keeps coming back from the dead

    Why Elizabeth Bay keeps coming back from the dead

    Australian company Gibb River Diamonds acquires greenfield uranium projects in Erongo and Kunene

    Permit uncertainty pushes Gibb out of Namibia uranium exploration

    Skeleton Coast Uranium seeks C$5m for Namibia exploration

    Skeleton Coast Uranium seeks C$5m for Namibia exploration

    Serval confirms copper mineralisation in Namibia’s Kaoko Basin

    Serval confirms 37.8% copper and 573g/t silver at Kaoko Basin

    Koryx hits 969m at 0.27% copper equivalent at Haib

    Haib lifts processing capacity to 48Mtpa as Koryx targets November PFS

    Forsys’ Norasa in the making

    Asarian approves 4,500m Namibplaas drilling programme to upgrade 41.1Mlb uranium resource

    Elizabeth Bay Mine in trouble again

    US$50m investment targets restart of Elizabeth Bay diamond mine

    Andrada finds high-grade lithium beyond the main Lithium Ridge trend

    Andrada finds high-grade lithium beyond the main Lithium Ridge trend

    Eureka gets N$12.9m development funding push

    ReeXploration plans Phase 2 drilling after a 16.7 m uranium hit at Eureka

    Hope and Gorob workforce reaches 130 as first ore nears

    Hope & Gorob starts commercial production, targets 9,000 tonnes in October

    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

President says implementation begins on US$2.86bn mining investment pledge

by Editor
August 5, 2026
in News
0
President says implementation begins on US$2.86bn mining investment pledge
504
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

President Netumbo Nandi-Ndaitwah says implementation of the mining industry’s commitment to facilitate more than US$2.86 billion in new mining operations and create more than 18,000 direct jobs has already begun, describing it as an encouraging sign that commitments made through the Namibia Public-Private Forum (NamPPF) are being translated into action.

Speaking at the official opening of the Chamber of Mines of Namibia’s Mining Expo and Conference in Windhoek on Wednesday, Nandi-Ndaitwah said she was pleased that the mining sector had already moved beyond commitments and into implementation.

“I am happy to note that implementation has already started. The mining industry committed itself to facilitating more than US$2.86 billion in new mining operations and creating over 18,000 direct jobs. I am pleased that implementation has already begun,” she said.

The commitments were made during the inaugural Namibia Public-Private Forum in 2025, which brought together the government and the private sector to identify measures to stimulate economic growth, attract investment, and create employment.

Nandi-Ndaitwah said the progress reflects this year’s conference theme, “From Dialogue to Delivery: Assessing Progress in Creating Mining-led Economic Growth and Employment Opportunities since Namibia’s Public-Private Forum,” which focuses on turning commitments into measurable outcomes.

“The time has come for us to move from discussions to implementation while taking stock of the outcomes achieved since the launch of the Namibia Public-Private Forum in 2025,” she said.

She said the early implementation was encouraging and underscored the importance of continued collaboration between government and the private sector in advancing Namibia’s development agenda.

The President linked the progress to the Eighth Administration’s broader economic strategy, under which mining has been designated the government’s number one economic enabler in support of the national objective of creating 500,000 jobs over the next five years through the implementation of the Sixth National Development Plan (NDP6).

“The mining sector is identified as one of the 8th economic enablers, not just the one but number one. The mining sector is identified as number one of the 8th economic enablers towards achieving our target of creating 500,000 jobs over the next five years through the implementation of the NDP6,” Nandi-Ndaitwah said.

The President also acknowledged the mining industry’s continued contribution to the national economy, referring to figures presented by the Chamber of Mines showing that the sector contributes about 14% of Namibia’s gross domestic product and paid approximately N$7.8 billion in taxes, which she said reflected the industry’s resilience and the confidence investors continue to place in Namibia.

She said the progress already being recorded demonstrates that the partnership between government and the mining industry has entered an implementation phase, with investment and employment commitments beginning to move beyond dialogue into delivery.

Share202Tweet126
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
Arcadia finds funding partners for Swanson Tantalum Mine

Arcadia turns to European financiers as Swanson-Xinhai deal remains unresolved

October 10, 2026
Why Elizabeth Bay keeps coming back from the dead

Why Elizabeth Bay keeps coming back from the dead

October 10, 2026
Australian company Gibb River Diamonds acquires greenfield uranium projects in Erongo and Kunene

Permit uncertainty pushes Gibb out of Namibia uranium exploration

October 10, 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