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Travel News - Latest News - News Update - Mining in Namibia might grow

   
     
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In 2009 the sales of uranium was the biggest earner of foreign currency in Namibia and that also includes diamonds.

There are plans for four more uranium mines by 2015. This will be at Trekkopje’s Areva, Valencia, Husab and Bannerman. The International Monetary Funds is of opinion that mining will become the most important growth factor in Namibia. A 4.4% growth rate is estimated for 2010.

Uranium sales amounted to 4 milliard Namibian Dollars and diamonds only N$3.8 milliard. According to the Namibian mine report, there can still be an increase in diamond sales this year.
   
 
   
 
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