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MINING EQUIPMENT

Sandvik opens office in Namibia to cope with soaring demand

“Namibia is currently experiencing a surge of growth in its mining and mineral exploration sectors just like many countries in Africa. It has a particularly significant expansion in uranium,” he says.

By: Leandi Kolver

24th October 2008

ENERGY MINERALS – 2

Uranium to anchor Namibian economy in future– central bank

Namibia’s central bank said last week that future economic growth would be spearheeaded by uranium as the diamond-mining sector, which had traditionally anchored the country’s economy, was beginning to lose its shine.

By: Felix Njini

17th October 2008

News This Week

Mining sector to grow 7,4% in 2007, says central bank

The Namibian mining sector �€“ the country's main foreign-exchange earner �€“ is projected to grow by 7,4% this year, slowing from last year's 13,6% growth rate, the Bank of Namibia said last week.

By: Felix Njini

23rd March 2007

Diamonds

Innovation key as land-reserves dwindle

The year 2004 was a difficult year for Namdeb, as it felt the effect of the unfavourable exchange rate and the declining land reserves.

By: andrew lanham

4th November 2005

Diamonds

De Beers, African Diamonds in Botswana exploration JV

South African gem giant De Beers yesterday announced that it has signed an agreement with African Diamonds to establish a joint venture company to explore for diamond-bearing deposits (kimberlites) in Botswana.

By: Martin Czernowalow

23rd April 2004