• Mining
Friday, August 7, 2026
Mining and Energy Namibia | Namibia’s Leading Mining & Energy News
Subscribe
No Result
View All Result
  • Diamonds
  • Oil & Gas
  • Uranium
  • Green Hydrogen
  • E-PAPERREADER
  • Gold
  • Lithium
  • Energy
  • Copper
  • Zinc
  • Diamonds
  • Oil & Gas
  • Uranium
  • Green Hydrogen
  • E-PAPERREADER
  • Gold
  • Lithium
  • Energy
  • Copper
  • Zinc
No Result
View All Result
Mining and Energy Namibia | Namibia’s Leading Mining & Energy News
No Result
View All Result
Home Mining

Namibia’s mining sector contracts by 9.4% in 2025

by reporter
March 26, 2026
in Mining
1.7k 130
A A
0
 

Namibia’s mining and quarrying sector contracted by 9.4% in real value added in 2025, a sharper decline compared to the 3.4% drop recorded in 2024.

According to Namibia Statistics Agency Accounts Manager Ngainonekue Uamburu, the downturn reflects mixed performance across subsectors, with declines in diamond and metal ore production outweighing gains in uranium mining.

The diamond subsector was the main driver of the overall contraction, shrinking by 19.4% during the period under review. This marks a steeper decline than the 9.7% contraction recorded in 2024 and is largely attributed to weak global demand.

“On the negative side, the mining sector slumped by 9.4%. We saw declines in metal ores and diamonds, specifically zinc, with some mines ceasing production,” Uamburu said.

The metal ores subsector, which includes gold, zinc and other minerals, declined by 12.2% in real value added, reversing growth of 6.7% recorded in the previous year. The contraction is mainly linked to reduced gold production.

“Moreover, the metal ores subsector, which includes zinc, gold and other metals, registered a decline of 12.2% in real value added, compared to 6.7% growth reported in the previous period. The performance is mainly attributable to a decrease in gold production during the period under review,” he said.

The “other mining and quarrying” subsector also recorded a decline of 14.5%, compared to growth of 5.9% in 2024. The drop is attributed to reduced mineral exploration activity, particularly as investment in oil and gas weakened.

In contrast, the uranium subsector recorded strong growth of 27.0% in real value added, a significant improvement from the 1.8% increase reported in 2024, driven by higher uranium production.

However, the gains in uranium were not sufficient to offset broader declines across the sector, leaving the mining industry under pressure during the period.

author avatar
reporter
See Full Bio
Share396Tweet248

Related Posts

Man with glasses and a beard speaks into a handheld microphone on a dark stage, wearing a black quilted jacket with logos.
Mining

Namibia has capital to fund oil industry, but reforms needed to unlock local participation

  Namibia has sufficient domestic capital to finance meaningful participation in its emerging oil and gas industry, but structural bottlenecks,...

August 7, 2026
Three men in suits posing for portraits: left in blue suit with red tie, center with beard in a black suit, right in a black suit with a red bow tie on.
Mining

Mining industry calls for faster regulatory approvals to unlock investment pipeline

    The Chamber of Mines of Namibia has called on the government to accelerate regulatory approvals and finalise outstanding...

August 7, 2026

Recommended

Drilling boosts Tumas uranium project to over 30-year lifespan 

Drilling boosts Tumas uranium project to over 30-year lifespan 

2 years ago
B2Gold lowers Otjikoto Mine annual production guidance

B2Gold lowers Otjikoto Mine annual production guidance

4 years ago
Load More

Newsletter

Black transparent logo for dark mode

About Us

The Namibia Mining and Energy website is a comprehensive online platform dedicated to showcasing Namibia's mining and energy sectors

Categories

  • Copper
  • Diamonds
  • Energy
  • Gold
  • Green Hydrogen
  • Lithium
  • Mining
  • Namibia
  • News
  • Oil & Gas
  • Opinions
  • Tin
  • Uranium
  • Zinc

Get in touch

Email:newsdesk@miningandenergy.com.na

© 2026 Mining and Energy | All Rights Reserved. The Namibia Mining and Energy website is a comprehensive online platform dedicated to showcasing Namibia's mining and energy sectors.

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
No Result
View All Result
  • Diamonds
  • Oil & Gas
  • Uranium
  • Green Hydrogen
  • E-PAPER
  • Gold
  • Lithium
  • Energy
  • Copper
  • Zinc

© 2026 Mining and Energy | All Rights Reserved. The Namibia Mining and Energy website is a comprehensive online platform dedicated to showcasing Namibia's mining and energy sectors.