Namibia Mining Report - Business Monitor International - Industry Reports

Namibia Mining Report

Namibia Mining Report - Business Monitor International - Industry Reports
Namibia Mining Report
Published Sep 03, 2016
54 pages — Published Sep 03, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

According to the Chamber of Statistics, in ----, Namibia s non-diamond mining sector surpassed diamond mining as the larger contributor to overall mining revenues and the country s foreign exchange earnings. Total non-diamond mining contributed NAD--.-bn over the year, compared with earnings of NAD--.-bn from diamond mining. ...The contract is expected to lead to significant growth in diamond production and sales over the next few years. In April ----, Australia s Bannerman Resources, a uranium mining company with operations in Namibia, said it had no plans to delist from the Namibian Stock Exchange despite having recently delisted from Toronto s stock market. We forecast Namibia s diamond production to grow by -.- in ----, having contracted by an estimated -.- in ---- due to falling prices. ...In terms of uranium mining, we forecast output to grow by --.- during ---- to ----, to reach -.- thousand tonnes (kt) by ----. After --.- y-o-y decline in ----, growth will accelerate by --- y-o-y in ---- with the Husab mine coming online.

...BMI View: Namibia is one of the smaller markets we monitor with the sub-Saharan mining landscape; however, the country is one of the more attractive from an investment standpoint. The country has substantial diamond deposits, which have yet to receive the level of attention of those in surrounding countries such as Botswana and South Africa. Uranium mining is another important growth market, though a weak price environment has stunted output in recent years. We expected production to grow at a rapid pace as a series of high-profile projects come online, and the country is tipped to become the world s third- largest uranium producer by the end of the forecast period. Uranium mining is another important growth market, though a weak price environment has stunted output in recent years. ...We expected production to grow at a rapid pace as a series of high-profile projects come online, and the country is tipped to become the world s third- largest uranium producer by the end of the forecast period.

...Namibia is currently the world s fifth largest uranium producer; however, output has fallen year-on-year since ---- as weak uranium prices have led producers to scale back capacity and new investments have been deferred. The country currently has two active uranium mines: the Langer Heinrich mine, which is owned by Paladin Energy, and Rio Tinto s Rossing mine. ...

  
Source:
Document ID
1755-7852
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Namibia Mining Report" Sep 03, 2016. Alacra Store. Dec 09, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Namibia-Mining-Report-2026-497>
  
APA:
Business Monitor International - Industry Reports. (2016). Namibia Mining Report Sep 03, 2016. New York, NY: Alacra Store. Retrieved Dec 09, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Namibia-Mining-Report-2026-497>
  
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