NAMBIA’S RISE AS A RESOURCE POWERHOUSE
Namibia is experiencing a surge in mining, oil, and renewable energy projects, each playing a crucial role in the country’s economic transformation.
Uis Andrada Mining Lithium Project: a step toward global lithium supply
The Uis Lithium Mine, operated by Andrada Mining, is one of Namibia’s most significant mining ventures. Located in the Erongo region, this scalable project is strategically positioned near Walvis Bay, facilitating efficient exports. Holding approximately 138 million tonnes of lithium ore at a 0.73% Li₂O grade, the mine is set to become a key supplier in the global lithium market. However, the environmental impacts of lithium production - water depletion, habitat loss, and carbon emissions - remain critical concerns that will require sustainable management.
Naingopo Oil Exploration: unlocking Namibia’s energy potential
In a groundbreaking move, Recon Africa has initiated drilling at the Naingopo exploration well, located within the Damara Fold Belt. The project aims to uncover 3.1 billion barrels of oil or 18 trillion cubic feet of natural gas, making it one of Namibia’s most promising hydrocarbon ventures. Drilling commenced in July 2024 and concluded in November 2024, reaching a depth of 4 184 meters. The next phase involves analysing subsurface data and assessing hydrocarbon presence. While this project could significantly impact Namibia’s energy sector, environmental concerns such as ecosystem disruption and water contamination necessitate responsible exploration and regulatory oversight.
Damara Copper Project: advancing Namibia’s mining sector
The Damara Copper Project, situated in the Kalahari Copper Belt, is progressing through crucial early-stage developments. South32 and Noronex have partnered to explore the area, with initial drilling having taken place in October 2024. The project is structured in phases:
- Exploration Phase (2024): Geological surveys and drilling begin.
- Feasibility Studies (2025-2026): Economic viability assessments.
- Regulatory Approvals (2026-2027): Government permits and clearances.
- Construction (2027-2029): Mining infrastructure development.
- Production Start (2030): Full-scale copper extraction begins.
Orange Basin: a new frontier for oil exploration
Namibia’s Orange Basin is set to experience 10 high-impact exploratory wells in 2025, solidifying its status as a major oil prospect. Noteworthy wells include Olympe-1X and Sagittarius-1X, the latter having already yielded a hydrocarbon discovery by Rhino Resources. This discovery marks a pivotal moment for Namibia’s energy industry, positioning the Orange Basin as a key oil and gas hub for future development.
High-Grade copper and gold discovery at K17 prospect
Great Quest Gold Ltd. has reported exceptional copper and gold assay results from the K17 prospect in Namibia. Test results indicate 4.47% copper, over 10 g/t gold, and 13.4 g/t silver, pointing to a promising Iron Oxide Copper-Gold (IOCG) mineralizing system. This discovery further strengthens Namibia’s position as a globally competitive resource-rich nation.
Skorpion zinc mine’s renewable energy expansion
To boost renewable energy adoption, Namibia’s Mines Ministry has approved the implementation of a 330 MW solar photovoltaic (PV) project. This includes a 100 MW solar plant dedicated to Skorpion Zinc Mine, ensuring a sustainable energy supply independent of the Eskom grid. The project is expected to create 2,000 jobs during construction and 800 permanent positions post-completion, marking a significant step in Namibia’s commitment to cleaner energy solutions.
Source: AfricaHouse www.africainfo.co.za