Namibia’s Mining Production Composite Index, which tracks zinc concentrate and contained, diamonds, gold bullion and uranium, fell by 9.3% in June 2025, following a 6.4% increase in May, the Namibia Statistics Agency (NSA) has reported. On a year-on-year basis, the index declined by 7.9%.
According to the NSA, the monthly fall was largely the result of reduced production of zinc concentrate and contained, diamonds and gold bullion, although uranium output recorded growth during the period.
The Zinc Concentrate and Contained Production Index dropped sharply by 29.9% in June, after rising 12.1% in May. On an annual basis, the index fell by 36.3%, the largest yearly decline among the tracked minerals.
Diamond production also contracted, with the NSA recording a 19.1% fall in June, reversing a 10.8% increase in May. Year-on-year, the Diamond Production Index was down by 21.4%.
Gold bullion output decreased by 6.6% in June, following an 11.5% rise the previous month. Compared to June 2024, the index was 2.1% lower.
In contrast, uranium production increased by 18.3% in June, recovering from an 8.9% fall in May. On an annual basis, uranium output grew by 35.9%, the NSA said.
The agency highlighted that the June figures point to a broad slowdown in Namibia’s mining sector, driven by weaker performance in base metals and precious minerals, with uranium remaining the main growth contributor.
