The Chamber of Mines in Namibia has announced the imminent unveiling of a comprehensive database capturing all inputs of goods and services consumed within Namibia’s mining sector.
The database which will be unveiled at the 10th Mining Expo & Conference, scheduled to take place on August 30th and 31st, 2023 at the Windhoek Showgrounds was developed through collaborative effort between the Development Bank of Namibia, the Ministry of Mines and Energy as the project owners, and the Chamber of Mines of Namibia.
“This remarkable database aims to revolutionize the industry by facilitating the identification of lucrative business opportunities, deepening the supply chain, and propelling local content objectives,” the Chamber said.
Under the theme “Namibia’s role in the sustainable supply of minerals to support the global energy transition,” this year’s Mining Expo & Conference aims to shed light on Namibia’s significant contribution to the global shift towards sustainable energy usage.
Commenting on the much anticipated event, the Chamber said that with abundant untapped resources of critical minerals, uranium, oil and gas, and green hydrogen, Namibia is poised to take centre stage in supporting the global energy transition, paving the way for new economic opportunities within the mining sector.
“This year’s event is made possible by the generous anchor sponsorship of RMB, a leading financial services provider. The Chamber of Mines would also like to acknowledge Continental Lithium Africa for its generous contribution to the event as a secondary sponsor. Their support exemplifies the collaborative efforts within the industry and their commitment to the growth and development of the mining sector in Namibia.”
The Mining Expo & Conference is a premier gathering that brings together industry professionals, suppliers, and stakeholders to explore the latest advancements, opportunities, and challenges in the mining sector. In addition to the Expo, the event will feature the Mining Conference, the Supplier’s Platform, a Business 2 Business networking for exhibitors, and the annual networking cocktail function. In an exciting development, the rising Oil & Gas sector will have its own dedicated area showcase within the Mining Expo, known as the Oil & Gas Pavilion. This addition highlights the growing linkages between the mining and energy sectors and provides a platform for industry players to engage, collaborate, and explore potential synergies.
“With over 86 exhibitors expected to participate, the 10th Mining Expo & Conference is set to be a milestone event, fostering knowledge sharing, networking, and collaboration among industry professionals and the public. Namibia’s mining industry has played a crucial role in the country’s economy. According to the latest industry snapshot, in 2022, the mining industry experienced a remarkable growth of 21.6%, driven by a major increase in diamond output. The industry’s significant contribution is further highlighted by its total taxes paid, including corporate and export levy taxes.
“Furthermore, the mining industry contributed 12.2% to Namibia’s Gross Domestic Product (GDP) in 2022, compared to 9.1% in 2021. In terms of direct employment, the industry provided jobs to 16,147 individuals in 2022, compared to 15,246 in the previous year,” expressed the Chamber.
The Chamber went on to say that it is delighted to spearhead this highly anticipated event, poised to unlock a wealth of untapped business opportunities within the thriving mining industry.
“Furthermore, the inclusion of the oil and gas industry showcases Namibia’s commitment to fostering a diverse and inclusive extractives sector. Through the promotion of knowledge exchange, cooperation, and inventive thinking, the Mining Expo & Conference aims to propel Namibia’s mining industry to greater heights,” added the Chamber.