2019 ANNUAL REVIEW OUR VISION, MISSION & VALUES
To be widely respected as a safe, environmentally responsible, globally competitive and meaningful contributor to the long term prosperity of Namibia.
VISION FOR THE MINING INDUSTRY
VISION FOR THE CHAMBER OF MINES OF NAMIBIA
To be acknowledged as the champion of the exploration and mining industry in Namibia.
cover image Otjikoto Pit, B2Gold Nambia Photograph © Dr. Paul Goddard designed and layout Turipamwe • www.turipamwe.com printers John Meinert Printers SECTION HEADING X | CHAPTER X
To effectively promote, MISSION encourage, protect, foster OF THE and contribute to the growth of responsible CHAMBER exploration and mining OF MINES in Namibia to the benefit OF NAMIBIA of the country and all stakeholders.
OUR GUIDING VALUES
INTEGRITY TRANSPARENCY
ACCOUNTABILITY COMPLIANCE i CoM Annual Review 2019
TABLE OF CONTENTS
inside front cover I -II VISION, MISSION AND TABLE OF CONTENTS AND CORE VALUES MAP OF MINES IN NAMIBIA
1–4 5–6 Structure of the Mining Industry 2019 Snapshot Chamber of Mines of Namibia Highlights and Performance I. Council Members II. Executive Committee III. Chamber of Mines Team
9–10 7–8 CEO’s Message from Foreword the President
21–24 11–20 Operating environment Activities of the Chamber of Mines I. Global and Local Developments in 2019 II. Mining Industry Performance in 2019 I. Health and Safety III. Highlights of Mining in Namibia II. Policy and Legislation III. Stakeholder Engagement and Communities IV. Activities of Chamber Committees and Sub-Committees
25–69 70–85 Review of Companies in 2019 Annexures I. Operating companies I. Abbreviations II. Exploration companies II. Chamber Committees III. Key Statistics IV. Chamber members V. References ii CoM Annual Review 2019 MAP OF MINES IN NAMIBIA
OSHAKATI ONDANGWA OPUWO KATIMA MULILO RUNDU
TSUMEB 1 KAMANJAB OTAVI 2 OUTJO KOMBAT 4 3 KHORIXAS 5 OTIWARONGO 6 OKAKARARA KALKFELD
9 OMARURU 7 UIS
USAKOS STEINHAUSEN 13 KARIBIB HENTIES BAY 8 OKAHANDJA 15 10 GOBABIS LEGEND SWAKOPMUND 18 14 11 WINDHOEK 12 17 WALVIS BAY 19 1. Tschudi 16 REHOBOTH LEONARDVILLE 2. Ohorongo cement 3. Otjikoto gold mine 4. Okorusu (on care and maintenance) KALKRAND 5. Whale Rock cement MARIENTAL 6. Okanjande graphite mine MALTAHÖHE (on care and maintenance) 7. Otjozundu 8. Navachab 9. Uis Tin Mine BETHANIEN LÜDERITZ 10. Rössing KEETMANSHOOP 20 11. Husab 12. Langer Heinrich GRÜNAU 21 ROSH PINAH 13. Namib Lead and Zinc Mine 24 KARASBURG 25 (on care and maintenance) 22 14. The Salt Company 23 NOORDOEWER ORANJEMUND 15. Trekkopje mine (on care and maintenance) N 16. Salt & Chemicals 17. Matchless (on care and maintenance) 18. Otjihase (on care and maintenance) 19. Lodestone 20. Elizabeth Bay mine 21. Debmarine Namibia 22. Namdeb Southern Coastal Mines 23. Namdeb Orange River Mines 24. Skorpion zinc mine 25. Rosh Pinah Zinc Corporation Mark Dawe B2GOLD NAMIBIA B2GOLD QKR NAMIBIAQKR Otto Shikongo Otto George Botshiwe DEBMARINE NAMIBIA
SECOND NAMDEB SKORPION ZINC SKORPION VICE PRESIDENTVICE Yusheng Cai Yusheng Irvinne Simataa Riaan Burger Riaan SWAKOP URANIUM SWAKOP Angula Kalili, Alternate Member NAMIBIA Hilifa Mbako ORANO MINING MINING ORANO Christo Horn Andre Snyman Andre ROSH PINAH ZINC SALT & CHEMICALSSALT FIRST VICE PRESIDENT VICE FIRST Sandra Mueller, Alternate Member COUNCIL OF THE OF THE COUNCIL 25 COUNCIL DECEMBER 4 MEMBERS 2019 AS AT CHAMBER OF MINES PRESIDENT URANIUM Zebra Kasete Zebra Johan Roux METALS TSUMEB METALS DUNDEE PRECIOUS DUNDEE Johan Coetzee LANGER HEINRICH HEINRICH LANGER ROSSING URANIUM ROSSING Liezl Davies, Alternate Member Barcelona Tsauses, Alternate Member STRUCTURE OF THE CHAMBER OF MINES OF NAMIBIA
1 CoM Annual Review 2019 2 CoM Annual Review 2019
EXPLORATION EXPLORATION CHAIRPERSON, Volker Petzel Volker NAMIBIA (PTY) LTD. COMMITTEE, B2GOLD B2GOLD COMMITTEE, OHORONGO CEMENT CEMENT OHORONGO Estelle Alberts, Alternate Member Hans-Wilhelm Schütte (Ex Officio) (Ex
Veston Malango Veston CHAMBER OF MINES ZINC MINING ZINC Martin Tjipita STRUCTURE OF THE CHAMBER OF MINES OF NAMIBIA Ralf Schommarz Ralf NAMIB LEAD AND AND LEAD NAMIB AFRITIN MINING NAMIBIA NAMIBIA MINING AFRITIN (Elected member) Steve Galloway HONORARY LIFE MEMBER MEMBER LIFE HONORARY RESOURCES Werner Ewald Werner WHALE ROCK CEMENT Agab Z. //Gowaseb BANNERMAN MININGBANNERMAN Brandon Munro, Alternate Member CHAIRPERSON, HR COMMITTEE, Brumilda Britz SALT & CHEMICALSSALT WEATHERLY John Sisay John Borshoff John MINING NAMIBIA NAMIBIA MINING REPTILE MINERAL Martin Hirsch, Alternate Member RESOURCES EXPLORATION & Hilifa Mbako Orano Namibia Mining Veston Malango Veston FIRST VICE PRESIDENT VICE FIRST Chamber of Mines of Namibia CHIEF EXECUTIVE OFFICER EXECUTIVE CHIEF Skorpion Zinc Skorpion PRESIDENT Zebra Kasete Zebra Irvinne Simataa Dundee Precious Metals Tsumeb CHAMBER OF MINES SECOND VICE PRESIDENT EXECUTIVE COMMITTEEEXECUTIVE STRUCTURE OF THE CHAMBER OF MINES OF NAMIBIA
3 CoM Annual Review 2019 4 CoM Annual Review 2019 ACCOUNTANT Hilma T. NampalaHilma T.
CARETAKER Doreen Meyer Doreen STRUCTURE OF THE CHAMBER OF MINES OF NAMIBIA Junias Nahambo Junias PERSONAL ASSISTANT TO CEO TO ASSISTANT PERSONAL Veston Malango Veston CHIEF EXECUTIVE OFFICER EXECUTIVE CHIEF HR ADMINISTRATOR Signa K. Ndombo Drieka M. Skrywer INSTITUTIONAL WORKER INSTITUTIONAL CHAMBER OF MINES TEAM ECONOMIST Lauren Davidson MINING INDUSTRY SNAPSHOT: HIGHLIGHTS & PERFORMANCE 5 CoM Annual Review 2019 Highlights
RIO TINTO CONCLUDED THE SALE OF ITS 69% NAMDEB’S SHAREHOLDING AFRITIN FIRST ELIZABETH IN THE RÖSSING SHIPS PRODUCTION BAY URANIUM MINE, FIRST TIN AND SALES MINE TO CHINA CONCENTRATE FROM SOLD TO NATIONAL NUCLEAR FROM THE NAMIB LEWCOR CORPORATION THE UIS LEAD (CNNC) TIN MINE AND ZINC MINE
Performance CONTRACTION MINING INDUSTRY CONTRIBUTION MINING INDUSTRY CONTRACTED BY CONTRIBUTION 11.1% 11.1% IN 2019, DUE TO 9.3% AS A PERCENTAGE A LARGE DROP IN OF GROSS DOMESTIC DIAMOND PRODUCTION PRODUCT (GDP) (16% growth in 2018) (9% in 2018)
• TURNOVER • WAGES AND • EXPLORATION SALARIES PAID BY SPENDING N$33.524B MINING COMPANIES by operating, development (N$33.545 in 2018) and exploration companies N$6.028B (N$6.091 billion in 2018) N$503.2M (N$$573.3 million in 2018)
• FIXED • LOCAL • CORPORATE TAX INVESTMENT PROCUREMENT PAID
N$3.372B N$13.405B N$1.437B (N$3.697 billion in 2018) (N$13.383 billion in 2018) (N$1.707 billion in 2018)
• ROYALTIES PAID • EXPORT • TOTAL TAXES PAID LEVIES PAID N$1.729B N$3.409B (N$1.734 billion in 2018) N$243.2M (N$3.656 billion in 2018) (N$214.6 million in 2018) PERFORMANCE | MINING INDUSTRY
6 CoM Annual Review 2019 CHAMBER MEMBERS DIRECTLY EMPLOYED 9,027 permanent individuals N$196.4M N$97.2M (2018: 9,042) SPENT ON SPENT ON SKILLS EXPENDITURE CORPORATE SOCIAL BY THE ENTIRE MINING RESPONSIBILITY 800 INDUSTRY BY THE BY THE INDUSTRY temporary employees (Includes VET Levy (Mining operations, (2018: 498) and consists of mining development, and operations, development and exploration companies) exploration companies)
6,515 *SPENDING BY OPERATING AND contractors EXPLORATION COMPANIES (2018: 6,681)
MINING SHARE OF EXPORTS (%) FIXED INVESTMENT BY MINING COMPANIES (N$ MILLION)
25,000
20,000
46 60 48 49 40 44 46 41 41 41 42 46 48 48 50 50 48 49
EXPORT 15,000 NON–MINERAL
10,000
54 40 52 51 60 56 54 59 59 59 58 54 52 52 50 50 52 51 5,000 54 EXPORT MINERAL
‘11 ‘12 ‘13 ‘14 ‘15 ‘16 ‘17 ‘18 ‘19 ‘02 ‘03 ‘04 ‘05 ‘06 ‘07 ‘08 ‘09 ‘10 ‘11 ‘12 ‘13 ‘14 ‘15 ‘16 ‘17 ‘18 ‘19 Source: Namibia Statistics Agency Source: Namibia Statistics Agency
815 752 758 TOTAL EXPLORATION EXPENDITURE BY 677 EXPLORATION & MINING COMPANIES (N$ MILLION) 662 625 605 562 573 540 528 490 503 477 482 472
237 249 264 190 175 167 146 124 112
'95 '96 '97 '98 '99 '00 '01 '02 '03 '04 '05 '06 '07 '08 '09 '10 '11 '12 '13 '14 '15 '16 '17 '18 '19
Source: Namibia Statistics Agency and Chamber of Mines section this of Annual IN THIS LASTYEAR, THE CHAMBER OF MINES TURNED 50 YEARS OLD AND I REMINDEDWAS OF THE CHAMBER’S TENACITY AND ROBUSTNESS TO THESTAND TEST OF TIME, WHICH SUCCESSFULLY TRANSITIONED THROUGH INDEPENDENCE AND HAS MOVED FROM STRENGTH STRENGTH TO SINCE THEN. The Chamber offers solutions that are unique and the relevant industry to serves, it and pursues outcomes that contribute to the continuity mining of in Namibia and the socio-economic benefits derived from it. It great is with grief that I report on anotheryet fatality which occurred on 29 November 2019, the details which of follow in the Safety The ChamberReview. Safety Committee has made great progress eliminating towards fatalities and curtailing the number safety of incidents through a peer-review mechanism. concern with note we that 2019However, is the fifth consecutive year that the industry has recorded fatalities. The industry strongly acknowledges that more needs be to done ensure to a healthy and safe working environment for all mining employees, and that they are able return their to to families unharmed at the end each of work day. MESSAGE FROM FROM MESSAGE PRESIDENT THE
7 CoM Annual Review 2019 8 CoM Annual Review 2019 "...I was reminded of the Chamber’s Chamber’s the of reminded was "...I stand to and robustness tenacity successfully which time, of test the Independence through transitioned to strength from moved and has strength since then." Z. KASETE President the of Chamber Mines of Namibia of 29 July 2020 As Namibia continued battle to its worst economic crises since independence, the industry and the Chamber challenged were how as to mining can contribute more. Despite efforts demonstrate to the importance miningof Namibia’s to economy through facts and figures, the industry was victim a series to misinformed of and negative media publicity. This fuelled flame the fire, to whereby mining is generally not viewed favourably among the broader public and eroded the credibility efforts of the Chamber by to educate on the benefits mining of and advocate for a balanced regulatory mining regime. CouncilAt level, was it thus recognised that the Chamber lacks a targeted Public Relations approach. (PR) This resulted ina meticulously crafted PR strategy for the industry, which be implemented is to the Chamber’s by PR Committee. The intent this of strategy reliably is to inform the public whatof mining is, is how it making a sustainable contribution Namibian to livelihoods and communities and minimising its impact on the environment, and dispel to some the of generally misinformed on views mining. facilitate the sector’sTo continued growth, in an industry that is maturing, the Chamber remains committed helping to Government some remove theof elements that are currently detracting from Namibia’s otherwise well balanced and stable mining regulatory regime. The Chamber has shown tenacity resolve challenges to in removing the policy and regulatory obstacles, and no doubt I have that these issues will be overcome. My dream and vision is for these outcomes return to Namibia a highly to favoured mining jurisdiction and ensure the continued growth our of sector. It has only been an honour work the with to dynamic team the of Chamber and, receive unwavering commitment to and support from the industry. CEO'S
FOREWORD LAST YEAR MARKED THE CHAMBER’S 50TH YEAR ANNIVERSARY WHICH WAS NOT ONLY CELEBRATED, BUT HALLMARKED AT THE 8TH ANNUAL MINING EXPO AND CONFERENCE HELD ON 8TH AND 9TH MAY 2019. SUCCESSES WERE INDEED EXONERATED, BUT 2019 WAS ALSO A TIME TO REFLECT ON WHERE THE INDUSTRY HAS COME FROM AND THE FUTURE OF MINING IN NAMIBIA. IN RECENT YEARS, A GRADUAL DETERIORATION OF NAMIBIA’S INVESTMENT ATTRACTIVENESS, COMBINED WITH A MATURING INDUSTRY HAS SHRUNK THE WINDOW OF OPPORTUNITY TO GROW THE SECTOR. OUR ROLE AS THE CHAMBER, WHOSE MAIN PRIORITY IS TO DRIVE THE INDUSTRY’S GROWTH, BECAME EVER MORE PROMINENT AS THESE CHALLENGES WERE TACKLED HEAD-ON IN 2019.
In a period where Namibia is experiencing its worst economic crisis since independence, the image of mining among the Namibian people is far from iconic, which feeds into the views and perceptions held by Government officials and decision-makers. This made advocating for favourable mining policy a tall order, and the Chamber thus had to adopt a different approach in demonstrating the crucial importance of the industry to Namibia’s broader economy, through targeted engagements among selected stakeholders. Among these were various meetings held with the High-Level Panel on the Namibian Economy (HLPNE), appointed by H.E. The President, to detail mining’s economic significance, the competitiveness of Namibia’s tax regime and the devastating consequences of the proposed non-deductibility of royalties and export levy for non-diamond mining companies.
The overall effect of this proposal would have resulted in double taxation, whereby a non-mining company is obliged to pay royalties and export levies on its sales revenue, with this amount being included in the assessed taxable income for non-diamond companies. CoM Annual Review 2019 10 "...industry milestones milestones "...industry have and successes beenonly possible and constructive through partnerships." collaborative Veston Malango Veston CEO the of Chamber Mines of 29 July 2019 The tax proposal diminished the Net Present Value newof projects or expansion newof mines. The impact this of would deter mining any company from making investments expand to on existing resources, as once bankable projects are no longer viable. Furthermore, there would be no appetite forinvestment into exploration when new mineral discoveries cannot proceed mine to development. The Chamber welcomed the moratorium on this proposal announced at the Economic warned Summit, against however, delaying a final decision on the matter as was it perpetuating uncertainty and stalled new any investments into mining. In addition the above, to a number new of levies implemented were or proposed, further adding the cost to doing of business for mining companies in Namibia and detracting from an equally balanced taxation regime. Amid the challenging times, the industry remained committed furthering to socio-economic development in the country. When assessing how the industry makes a collectiveimpact, the outcomes the of two jointly funded CSR projects Chamberby members resulted in social and economic benefits and over above what was anticipated. The projects’ successes are detailed in a following section members Moreover, thisof Review. also collectively responded the emergency to call for donations support to Governments drought relief efforts throughout Namibia. In considering how mining can contribute or do more, the practical and pragmatic areas should not be overlooked, rather than making more it difficult or less attractive for mining companies operate to in Namibia. Industry remains committed transformation to through the Mining Charter, which has been The the over last in Mining review year. Charter is also being evaluated on where can it beimproved, for eventual handover the Ministry to Mines of and be implemented to Energy, under NEEEF once is it promulgated. The above story once again highlights how industry milestones and successes onlyhave been possible through constructive and collaborative partnerships, that contribute growing the industry to for the benefit the of Namibian nation. This requires striking a fine balance between ensuring Namibian are able citizens benefitto optimally from mining, while providing a return for shareholders. The Chamber believes that the current legislative framework is adequate achieve to this and that Government’s role should regulatebe to mining activities within this framework, and on improve areas that require attentionthrough continued dialogue and partnerships. goddard
paul . dr • An employee from Dundee precious Metals in full Tsumeb equipment,protective carrying out a vehicle operation. cleaning © Regrettably, the industry suffered one fatality in 2019. The incident occurred at OHORONGO Cement on 29November 2019, during a was intervention maintenance the After operation. maintenance completed, the contractor employee was still on the belt conveyor when it was restarted, who was pulled along with it.The afflicted suffered away. passing his in resulted regrettably which injuries internal severe Despite some impressive individual member safety achievements, such as extended periods Injury Day Lost of (LDI) free shifts, the overallsafety performance the of sector declined in 2019. The number LDIs of and Disabling injuries increased from in 2018 42 50 to in 2019 and from 58 in 2018 65 in to 2019 respectively. The frequency rates for both types injuriesof also deteriorated in 2019 which confirmsthe weaker safety performance. The LDIFR from rose 1.14 in 2018 1.40 to in 2019, while the DIFR from rose 1.57 1.85 to the over same period. Although 2019 been not may have the industry’s best on safety and health performance, Namibian mining companies remain committed the overall to principle ZERO of HARM, particularly fatalities, zero and ensuring to a safe and healthy working environment for their employees. The Chamber’s Safety Committee continued its peer sessions review learn to from each sharingother, best practices and pointing out areas improvement. of The safety meetings and peer sessions review remain a learning mechanism for members and the regulator share to knowledge and experiences. Peer conducted were reviews Gold at the Otjikoto Mine, Orano’s Desalination Plant and Rössing Uranium Mine in 2019.
to s and
disabling injuries injuries disabling increased from 42 in 2018 The number LDIof 50 in 2019 and from 58 in 2018 to 65 in 2019 respectively.
The Safety Committee also noted a worrying increase in the number of fatalities on Namibian roads,, which reached 604 the end by December of 2019 up from the 567 fatalities in 2018. This is a major concern for mining companies as employees, contractors and their families make use of national roads The each Safety day. Committee is assessing strategies on canhow it support the effortsto makethe nationalroads safer. HEALTH AND SAFETY HEALTH CHAPTERACTIVITIES | SECTION OF THE CHAMBER OF MINES IN 2019 11 CoM Annual Review 2019 11 CoM Annual Review 2019 CoM Annual Review 2019 CoM Annual Review 2019 12 12 1.83 1.40 2019 1.14 1.57 Notes: 2018 2.32 normal duties.normal return work. to 1.31 2017 65 50 2019 2.39 1.42 58 42 2016 2018 Disabling Injury - Worker can return work to but notperform Lost Day Injury - Person cannot 85 2.37 48 2017 1.48 2015 SECTION HEADING X | CHAPTER X 78 47 2016 2.26 3.58 2014 80 50 2015 2.92 2013 103 65 2014 ACTIVITIES OF THE CHAMBER OF MINES IN 2019 2.57 88 2012 2013 87 1.08 2011 2012 2019 35 2011 1.61 2018 2010 48 2010 2017 1.67 2009 40 2009 2016 2.15 2008 61 2008 2015 83 2.96 2007 2007 2014 44 2006 1.70 Disabling Injuries Disabling 2013 2006
Non-Member 50 2005 2012 1.91 2005 DIFR 44 2011 2005 1.76 2004 68 2010 2004 LDIFR | 0 3 2 1 5 4 2.73 Lost Day Injuries | CoM Member |
2003 38 2003 TOTAL NUMBERTOTAL INJURIES OF LOST DAY AND DISABLING INJURIES LOST DAY INJURY LOSTDAY FREQUENCY (LDIFR) RATE AND DISABLING INJURY FREQUENCY (DIFR) RATE MINING– TOTAL NUMBERTOTAL PER OF ANNUM FATALITIES ACTIVITIES OF THE CHAMBER OF MINES IN 2019
POLICY AND LEGISLATION
Namibia Investment Promotion Act, 2016 (NIPA) New Equitable Economic Another policy pronouncement Empowerment Framework (NEEEF) made at the Economic Summit As per outcomes and feedback of the was that the revised NIPA 1 Economic Summit held on 31 July and 1 August would be promulgated before the end of the financial year 2019, Government upheld its commitment to 2 2019/20. However, as of yet, release the revised version of NEEEF within six there has been no subsequent months of the event. The new draft legislation move by Government was made available in February 2020, and to legislate the pending provides a regulatory framework for industry 13 amendments to NIPA Act. charters and makes provisions for those CoM Annual Review 2019 sectors not covered by an industry charter. The Chamber of Mines thus made the necessary revisions to the Mining Charter, for improved alignment with NEEEF/NEEEB. Income Tax Amendment Bill 2018 (Non-deductibility of royalties) 4 In the 2019/2020 Budget Speech, the Minister of Finance announced a number of changes to the Income Tax. One such amendment is to disallow the deductibility of royalties and export levies for non- diamond mining entities.
In response to strong opposition from industry, Cabinet directed the High-Level Panel on the Namibian Economy (HLPNE) which was appointed by H.E. The President, to engage mining industry 3 players on the matter and make appropriate MINING CHARTER In anticipation of a revised NEEEF, the recommendations. The HLPNE recommended that Government puts the proposed changes on Chamber took the opportunity to critically hold for the time being, pending consultations with review and revise its mining charter. The stakeholders in the mining industry. Chamber held a workshop in February 2019 to assess the successes and challenges of As per this recommendation, Cabinet also directed implementing this charter and the extent to the Ministry of Finance to consider suspending the which it is aligned with NEEEF. Ms Yvonne non-deductibility of royalties for a period of one year Dausab, previous Chairperson of the Law while undertaking a study on the matter. This was one Reform and Development Commission, also of the major outcomes of the 2019 Economic Summit. attended the workshop to provide input and advise on both matters. The non-deductibility of mineral royalties and export levies from assessment of company income tax was a major issue which threatened the growth and The outcomes of the review process sustainability of the mining industry in Namibia. If and changes to the Mining Charter were passed, it would have strangled the industry as there presented to Council for approval at the would be no new investments into exploration, nor in annual Bosberaad in September 2019. The expansion projects or new mines. The effect of non- Minister of Mines and Energy was also deductibility is double taxation, and erodes the Net briefed on revisions to the Mining Charter, Present Value (NPV) of a project or viability for new after which it was agreed to hold a second mines or planned expansion investments. Mining Charter workshop in 2020 that would be hosted by the Ministry of Mines After the Summit, the Chamber engaged the Ministry and Energy (MME) and the Chamber. The of Finance (MoF) to gauge progress of the study and purpose of the second workshop was to further consultations. The Chamber voiced concern around the pending study, stating that any delay solicit support and buy-in of the Mining on making a final decision would only perpetuate Charter by MME. uncertainty with likely suspensions of planned and future investments into mining. It was thus impressed upon MoF to conclude the study as soon as possible so that a final decision can be made. ACTIVITIES OF THE CHAMBER OF MINES IN 2019
6 Road Fund Administration (RFA) Amendment Bill After an initial round of consultations Export Levy in March 2019, the Chamber learned Another announcement from the 2019/2020 of plans to amend the Road Fund 14
5 CoM Annual Review 2019 Budget Speech was to increase the Export Administration Act. The main proposed levy for Dimension stone from 2% to 15%. change is to abolish the fuel levy refund This was promulgated as per the Government system, meaning that non-public road Gazette published in December 2019. Luckily, users would be subjected to paying in the amended schedule, exports to the fuel levies meant to fund the national European Union (EU) are capped at 2%. This road infrastructure. Upon seeking legal provides some relief for quarrying and mining counsel, the Chamber established that operations that have major customers located the proposed amendments contradict in the EU. However, exports to any other area the “user pays principle”, which is the outside of the EU will attract a levy of 15%, underlying basis of the Act. Moreover, which constitutes over 30% of the market for removing such a rebate system would most dimension stone quarries. When the substantially increase the cost of existing 5% royalty rate for dimension stone doing business for mining companies is added, total revenue-based levies amount in Namibia all other sectors of the to 20%, which presents a serious threat to the economy, which would come as another viability of Namibian dimension stone quarries knock to Namibia’s competitiveness as and business continuity of their operations. an attractive investment and business jurisdiction. A meeting was held with the RFA, in which the Chamber detailed these concerns and formal submissions were made to the RFA and Ministry of Finance. A final decision on these amendments is Additional Levies still pending. In addition to the proposed non- deductibility of royalties, the export levy, and amendments to the RFA ENVIRONMENTAL LEVIES Act, the mining sector As per Government Gazette issued on 2 August, has been subject to a 2019, MoF introduced a number of new items surmounting number 8 to be included in the Environmental Levy. One 7 of levies on fuel and of the new items introduced are lubricants, consumables, which are which are a major input and cost for the entire further increasing input sector. While the mining industry supports the costs and raising the cost concept underlying environmental levies, it is of doing business. of concern that there are no environmentally friendly alternatives for lubricants.
The Chamber has engaged the Ministry of Finance and the Environmental Investment Fund (EIF), the organisation responsible for identifying consumables to be levied, to make a recommendation for the exclusion of lubricants. ACTIVITIES OF THE CHAMBER OF MINES IN 2019 11 Electricity Control Board Investment Attractiveness (ECB) Levy Namibia’s score on the Investment In June 2019, the ECB expanded its levy on Attractiveness Index improved slightly 9 from 56.6 in 2018 to 58.22 in 2019. This the supply of electricity to include stand- was boosted by the Policy Perception alone generators. The levy has always been Index that increased from 80.71 in 2018 to in place for suppliers of electricity connected 87.22 in 2019, ranking Namibia as the most to the grid and serves as the primary source favourable jurisdiction in Africa on this of revenue so that ECB may carry out its index. The report cites an improvement regulatory functions and duties. As a number in the availability of labour and skills; of mining operations have emergency stand- decreased concern with regard to socio- alone plants that generate electricity for their economic and community development own consumption, the Chamber sought clarity conditions, regulatory duplication and inconsistences as well as functioning of on the levy’s rationale. The ECB explained 15 the legal system. CoM Annual Review 2019 that when the electricity levy was initially introduced, there were no Independent Power The Chamber of Mines is of the view Producers (IPPs). The generation landscape that Namibia’s sterling ranking on policy had since changed, with a growing number is a direct result of the positive policy of IPPs and embedded generation capacity pronouncements that government made entering the market, and this prompted ECB at the highly successful 2019 Economic to review the levy and expand its application. Summit. This being an outcome from the constructive engagements of all sectors including mining, with the High- A number of Chamber members are now level Panel on the National economy. subject to this levy, having these stand-alone The policy clarifications on NEEEF, NIPA, generation capacities in place, and have non-deductibility of royalties and several strongly contested that they do not derive measures taken at Home Affairs with work any direct benefit from the services provided visa and work permits largely contributed by ECB. Furthermore, there was no prior to this outcome. The challenge, however, consultation before the levy was Gazetted, is for government to deliver on these which is in contravention of the Law. commitments within 2020 for Namibia to maintain the same prestigious status going forward.
Despite the perceived improvement on the above policy elements, it is worth noting that survey responses received from Namibia were between five and nine. The NAMCOR REINSTATEMENT OF 50% poor response rate calls into question the FUEL IMPORTATION MANDATE10 validity of these scores as there were only NAMCOR applied for a 50% fuel importation a handful of companies that participated mandate that would have had wide reaching which may have skewed perceptions. consequences not only for the mining industry, but other important sectors of the Namibia’s Best Practice Mineral Potential Index dropped from 40.63 in 2018 to 38.89 Namibian economy. The Chamber made a in 2019, which has gradually been declining submission to the Namibian Competition over the years. While this is not confirmed, Commission (NACC) detailing the anti- it is likely that this is due to the perceived competitive implications and specific improvement in mineral potential of other consequences for the mining industry jurisdictions relative to Namibia. should NAMCOR have been exempted from restrictive practices in the Competition Act. Subsequently, it was announced in NAMIBIA’S NAMIBIA RANKED November 2019 that NAMCOR’s application SCORE ON THE AS THE MOST was declined by NACC. INVESTMENT FAVOURABLE ATTRACTIVENESS JURISDICTION INDEX IMPROVED IN AFRICA ON THIS FROM 56.6 IN 2018 INDEX 14TH OF 76 TO 58.22 IN 2019 IN 2019 ACTIVITIES OF THE CHAMBER OF MINES IN 2019
Minerals Policy Review12 The review of the Namibia Minerals Policy has stalled due to delays in accessing technical assistance from the African Union Commission and African Minerals Development Centre (AMDC). This is due to the relocation of the AMDC from Addis to Guinea Conakry. It is hoped that the process will resume as soon as the relocation is completed.
Joint Value Addition 16 Committee (JVAC) CoM Annual Review 2019 The Chamber is pleased to report that the final stage of the JVAC was completed in 2019, with the delivery of the Mineral Beneficiation Strategy. This strategy was compiled by NUST and has 13 been endorsed by MME for further implementation.
14Database of Mining Inputs and Services As per commitments made by MoF in the 2019/2020 Budget Speech, an allocation of N$2 million was availed towards developing a database consisting of all inputs and services consumed in Namibia’s mining industry. The funding was allocated to the Development Bank of Namibia (DBN) as the project implementer. Bids for project proposals were issued towards the end of 2019. A service provider has been selected and the database is scheduled for completion in 2020. The Chamber has played a crucial advisory role in assisting DBN with project description and appointment of a suitable service provider through a transparent tender process. This project is a brain child of the Chamber and is featured in NPD 5.
REGIONAL AND CONTINENTAL COOPERATION IN THE IMPLEMENTATION OF THE AFRICAN MINING VISION 15 The Chamber of Mines is affiliated to the regional body called the Mining Industry Association of Southern Africa(MIASA) and the continental body called the Association of Chambers of Mines and other Mining Associations in Africa (ACMMAA) and through them, is actively engaged in the implementation of the African Mining Vision (AMV). MIASA and ACMMAA involvement forms part of commitments on behalf of the private sector to assist governments in domesticating the AMV. ACTIVITIES OF THE CHAMBER OF MINES IN 2019
STAKEHOLDER ENGAGEMENT & COMMUNITIES
17 CoM Annual Review 2019 INDUSTRY IN RESPONSE TO A BARRAGE OF NEGATIVE MEDIA AWARENESS REPORTS ON MINING, THE CHAMBER EMBARKED ON A TARGETED CAMPAIGN TO ENGAGE WITH IDENTIFIED STAKEHOLDERS IN 2019.
The aim of this was to educate stakeholders on the characteristics of mining in Namibia, its competitiveness vis-à- vis other mining jurisdictions and to demonstrate that mining is an essential pillar of Namibia’s national economy.
The Chamber engaged the Namibia Editors Forum, mining industry commentators and government officials among others. Despite their ongoing public engagement efforts, the Chamber recognised that a broad-based PR campaign would be necessary as an initial start to rectify the negative public image of mining in Namibia. Such a PR campaign is planned for 2020, and will be implemented as per the approved Chamber PR strategy and through the Chamber PR Committee.
MINING THE HIGHLIGHT OF THE 2019 MINING EXPO AND EXPO AND CONFERENCE WERE THE OFFICIAL CELEBRATIONS OF THE CHAMBER’S 50TH ANNIVERSARY ON 8 AND 9 MAY. CONFERENCE The Mining Expo attracted 84 exhibitors and 2,155 visitors compared to 94 exhibitors and 2,748 visitors in 2018. The drop in the number of exhibitors and visitors recorded in 2019 was due to depressed economic conditions and the event taking place during school holidays.
The Chamber is continuously reviewing ways in which it can improve this event and the overall experience for exhibitors and participants. In this vein, at the 2020 Mining Expo and Conference, the Chamber has introduced new marketing opportunities for exhibitors which include a dedicated supplier’s platform as well as business to business meetings. Unfortunately, due to the COVID-19 pandemic, the 2020 Mining Expo & Conference was initially postponed from 21st and 22nd April to 2nd and 3rd September and later cancelled altogether for 2020. ACTIVITIES OF THE CHAMBER OF MINES IN 2019
18 CoM Annual Review 2019 COLLECTIVE AS A JOINT INDUSTRY INITIATIVE TO FURTHER SOCIO- INDUSTRY ECONOMIC DEVELOPMENT IN NAMIBIA, THE MINING SECTOR THROUGH THE ENVIRONMENTAL AND SOCIAL EFFORTS IN COMMITTEE, CO-FUNDED TWO CSR PROJECTS TO A TOTAL SUPPORT OF COST OF N$1.326 MILLION. NATIONAL The two projects involved the electrification of households SOCIO- located in the Zambezi Region and the servicing of land in ECONOMIC Northern Namibia, which were implemented and coordinated DEVELOPMENT by the Namibian Chamber of Environment (NCE). The socio- economic benefits derived from these two projects went beyond what was anticipated.
The electrification scheme allowed households to conduct small businesses from their homesteads, over and above the improved living conditions and educational benefits from extended studying hours. The urban development project funded the servicing of 4,000 plots, and its success lies in the self-financing mechanism that consists of a revolving fund. Project milestones have prompted other conservancies and communities to solicit further support from the industry to implement them in other critical areas and broaden their socio- economic impacts. This is exemplary of a collective industry effort to support sustainable socio-economic development in areas where mining does not necessarily occur.
INDUSTRY IN JUNE 2019, H.E. THE PRESIDENT OF THE REPUBLIC OF SUPPORT TO NAMIBIA DECLARED A NATIONAL STATE OF EMERGENCY DROUGHT ON THE DROUGHT CRISIS AND MADE A NATION-WIDE CALL FOR VOLUNTARY CONTRIBUTIONS TO ASSIST RELIEF GOVERNMENT WITH DROUGHT RELIEF EFFORTS.
In response, Chamber members rallied together in support of this call and collectively donated N$5.15 million in cash and in kind to ease Government’s burden in combating the crisis. ACTIVITIES OF THE CHAMBER OF MINES IN 2019
ACTIVITIES OF CHAMBER COMMITTEES AND SUB-COMMITTEES
Outside of the daily functions of the Chamber office exist active and passionate committees that are committed to making improvements and changes on industry related matters. The committees consist of mining professionals who make tremendous contributions towards solving 19 challenges of mutual concern, impart methods of best practices, and provide
CoM Annual Review 2019 input on policies and legislation affecting them.
Among these are the permanent committees which include the Exploration Committee, the Human Resources Committee, the Safety Committee, the Power Committee, the Environmental Committee and Social Committee, as well as the recently established Public Relations Committee.
THE CHAMBER OF MINES TAX EXPLORATION COMMITTEE UPDATE COMMITTEE (CTC) – ADMINISTRATIVE DELAYS, LAND- After initial efforts to reverse the LOCKING AND FOREIGN OPERATORS non-deductibility of royalties and PERMIT export levies for non-diamond mining. The Despite the welcomed removal of Additional CTC recognised the need to improve the Conditions for Exclusive Prospecting Licences impact of its deliberations. To that end, (EPLS) in 2018, the Exploration Committee the Committee contracted an independent reported that the administration of licences economist to present verified research that was still facing significant challenges at MME. compared Namibia’s tax regime to the other Of greater concern was the number of licences jurisdictions and demonstrated the negative actually active, which, as of December 2019 consequences of the non-deductibility clause were only 745 licences out of 981 that were in the context of mining’s greater importance issued. The Committee also reported that MME to the Namibian economy. is not adequately implementing the Minerals Act, whereby companies fail to submit any In particular, the CTC held a series of meetings evidence that exploration work is carried out, with HLPNE to provide them with sound yet still receive licence renewals. The result is an information that would assist them in making unproductive situation of landlocking, whereby a recommendation, for or against the non- licences are granted to entities which are not deductibility of royalties. The purpose of capable nor have the resources to conduct this recommendation was to direct Government’s meaningful exploration. final decision on the proposed tax amendment as announced at the Economic Summit. The above challenges were brought to the attention of the Hon. Minister Tom Alweendo and office of the Mining Commissioner, at the Chamber of Mines Round Table Dialogue held on 4 December 2019. The Minister, through the Mining Commissioner committed to resolving these issues. ACTIVITIES OF THE CHAMBER OF MINES IN 2019
ENVIRONMENTAL AND SOCIAL COMMITTEE The Chamber of Mines Environmental and Social Committee made great progress since its inception in 2016. One of POWER COMMITTEE their main achievements was the publishing of The power committee continued the industry’s very own Best Practice Guide to engage with Nampower and the on Environmental Principles for Mining in ECB on issues of power supply and tariffs on Namibia. The guide is the first of its kind to be behalf of industry. The Chamber of Mines was 20 produced by any sector in Namibia, and its relieved when the Electricity Control Board CoM Annual Review 2019 production involved collaborative input from (ECB) announced the approval of a reduction industry, government and the environmental in the electricity tariff for 2019/2020 although civil society. In partnership with the Chamber ECB dampened the reduction to 2.5% when of Mines, the guide was jointly compiled by the NamPower had applied for 3.11% reduction. The Namibia Chamber of Environment, Ministry first time that NamPower had applied for a tariff of Environment and Tourism and authored reduction was in 1985. by Environmental Compliance Consultancy. The publication provides key information for On 16 April 2019, Cabinet approved the Modified industry practitioners and personnel on how Single Buyer Model for suppliers of electricity, environmental, social and economic aspects are after which its legislation was enacted later in best managed throughout the mining lifecycle. the year. The model allows Independent Power Producers (IPPs) to provide electricity directly With regard to collective CSR projects, the to their customers via the Nampower national committee reported on the outstanding grid. The committee welcomed this development successes of the two socio-economic in a move to create a more flexible and cost- development projects which prompted reflective power supply market, with greater benefactors to solicit further funding from benefits to industry as producers and consumers industry to expand their impact and reach. of electricity.
PUBLIC RELATIONS (PR) COMMITTEE HUMAN RESOURCES (HR) In 2019 the mining industry was victim COMMITTEE to sensationalised and misinformed The thrust of the HR Committee in 2019 was to media reports, which further fuelled the resolve issues in the administration of the Labour negative perceptions held by the broader public. Act, in particular, the granting of statuses as a The poor public image of mining thwarted many Continuous Operation and related exemptions. of the Chamber’s advocacy efforts, through The committee discovered inconsistencies and which the need for a targeted and carefully contradictions in how mines are granted such crafted public relations approach became a status. As such, the committee is collecting a apparent, and acknowledged by Council. As a body of evidence on how previous Continuous first step in addressing this issue, the Chamber Operations statuses were granted to mines. The compiled an industry specific public relations submission intends to highlight inconsistences strategy that was approved by Council later in and assist in the Application of the Act and the the year. One of the outcomes of this was the duration for which statuses were granted. establishment of a Chamber (PR) Committee to combine and coordinate industry efforts and The HR Committtee also assisted fellow implement the strategy. Chamber members in their applications, which were successful, and have committed the same for members submitting future applications.
In the October 2019 and January 2020 World Economic Outlooks, the IMF projected a slowing of global growth, from 3.6% in 2018 2.9% to in 2019, the weakest performance since 2009. Growth prospects were dampened the by 18-month trade war between the USA and China that reached its precipice half through way 2019. These developments invoked mixed performances of mineral commodity markets, with losses. price biggest the suffering minerals industrial Mounting trade tensions proliferated dwindlinglevels business of suspended or delayed who manufacturers, major among confidence investment and expansion activities. Since January 2018, the US steadily expanded its tariff scopeto include more goods and increased rates on these throughout 2019. Consequently, tariffs raisedthe costsof intermediate inputs for large producers embedded in global value chains, reducing their appetite expand to business and make investments. Continued deadlocks and risks a no-deal of in negotiating Britain’s Exit from the European Union also contributed declining to levels investment of activity. Combined diminishing with levels business of confidence and subdued demand, the IMF estimates that growth in the Advanced Economies weakened from 2.2% in 2018 1.7% to in 2019, and the Emerging and Developing market economies from 4.5% in 2018 3.7% to in 2019. A large portion intermediate of inputs, that are included in the list of tariffed goods, are made of up base metals. the With exception of nickel, intensifying trade disputes and escalating tariffs causedthe pricesof most base metals plummet to half through way 2019. Gradual progress in reaching Deal positive a Trade between the USA and China resulted in modest recoveries for some base metals the end towards 2019. of China is the majority consumer battery of minerals, and thus has a significant influence in markets and on prices. In 2019, negative price movements for lithium carbonate driven were an existing by supply glut and reduced demand for Chinese vehicles. Similarly, the price cobalt of continued decline to from levels low in 2018 due increased to and supply, human rights concerns regarding is how it sourced. Gold is considered a safe asset haven during periods global of economic uncertainty, an environment that was largely prevalent in 2019. ubsequently, the price goldof posted an impressive 9% increase for In the addition year in review. trade to disputes, gold prices were further boosted the accommodative by monetary policy adopted the by Reserve. Federal
MINERAL ECONOMY THE WORLD THE WORLD IN 2018 COMMODITY COMMODITY 2.9% IN 2019 MARKETSAND WORLD WORLD ECONOMIC GROWTH IS EXPECTED TO SLOW FROM 3.6% PRICE OF GOLD POSTED AN IMPRESSIVE INCREASE 9% FOR THE YEAR REVIEW IN TO MARKET DEVELOPMENTS MARKET GLOBAL & LOCAL & LOCAL GLOBAL OPERATING ENVIRONMENTOPERATING
21 CoM Annual Review 2019 CoM Annual Review 2019 22 OPERATING ENVIRONMENTOPERATING Uranium prices hovered around U$24/lb for most the of year as trading activities largely were suspended pending an outcome a Section of 232 investigation the into sourcing yellow cake of the USA. by no A trade action was announced in July which saw a moderate improvement in the prices after which returned it U$24/lb. to Despite flat uranium prices in 2019, the outlook for price recovery remains positive. The most recent Nuclear Fuel Outlook report produced the World by Nuclear Association detailed that the uranium market remain is likely to in balance for the near-term. Long-term prospects for a sustained price improvement appear positive as increasing requirements and reduced supply capacity induce are likely to a supply deficit. Another positive development is further supply cuts as a result the of COVID-19 pandemic, which will result in earlier inventory deficits.Furthermore, the market is favourably positioned in the long-term as a number developed of countries including Australia, France, Japan and China are opting for policies that support nuclear power as a clean and reliable source energy of in effortsto combat climate change. In the final 2018 NationalAccounts, the Namibia StatisticsAgency carried out a partial rebasing exercise in which it changed the base year for constant pricing from 2010 2015. to The rebasing produces numbers which tell a different story of how the economy performed in the last four years, showing earlier, albeit shallower contractions starting in 2016. the economyIn 2017, contracted 0.3% by in comparison the to 0.9% previously recorded, while in 2018, the economy grew 0.7% by compared a contractionto of 0.1% The recessionary environment continued in 2019 preliminary with numbers yielding a deeper contraction 1.1%. of In terms output, of the negative growth was largely due the poor to performance the of primary sectors, that collectively declined 7.8%. by The mining industry recorded a negative growth 11.1% of in 2019, a deep contraction from the positive growth of 16.1% in 2018. Agriculture, forestry and fishing contractedby 2.6%, with livestock and crop farming plagued the on-going by drought. On the demand side, household consumptionposted a surprising and strong increase 4.3% of and Government consumption an increase of 0.4%. The strong growth household of consumption has been queried due decliningto disposable incomes and deteriorating purchasing power of consumers. The latter is evident in proxy data, such as the contraction in wholesale and retail sectors and declining vehicle purchases. Investment recorded a fifth consecutive7.8% contractionresult as a of theof poor business environment and confidence. investor The country’s exportnet position also deteriorated in 2019 mostly due increased to imports and slightly lower sales values received for exports. LOCAL LOCAL
OF ECONOMIC ECONOMIC LOWER DEVELOPMENTS CONTRACTION MINING THE IN SECTOR WAS A PRIMARILY RESULT A DIAMOND PRODUCTION URANIUM URANIUM MARKET IS LIKELY TO IN REMAIN BALANCE FOR THE NEAR-TERM OPERATING ENVIRONMENT
23 CoM Annual Review 2019
MINING INDUSTRY PERFORMANCE IN 2019 The partial rebasing of National Accounts and specific revisions also altered the overall contribution by mining to Namibia’s economy. Prior to revisions, the industry contributed an average of 12% to Namibia’s GDP. The updated numbers show that the sector’s share of GDP has reduced to an average of 9%, suggesting a diminished role in the Namibian economy. The reduction is a result of corrections made to the previous methodology in calculating the value added for diamond mining. The old methodology made no clear distinction of rough and processed diamonds and was not able to separate the re-import of some diamonds back into Namibia from Botswana, which effectively resulted in double-counting. Despite this revision, mining remains the biggest primary sector in comparison to agriculture and fishing.
Methodological improvements and data updates 9,027 permanent employees, 800 temporary also resulted in the strong mining growth of employees and 6,515 contractors. Applying a 22% recorded in the 2018 preliminary National conservative mining multiplier of seven, the Accounts being revised downwards to 16.1%. mining industry created 114,394 jobs, which is Mining’s contraction of 11.1% in 2019 transpired a sizeable portion of Namibia’s workforce. Every from reduced diamond output due to a planned job created by the industry also generates an maintenance operation of a major marine important source of revenue for Government diamond mining vessel. through PAYE. In 2019, mining sector employees paid a total of N$1.193 billion in PAYE. The importance of mining to the greater Namibian economy cannot be overstated, The sector’s total contribution to Government and unfortunately, a barrage of negative decreased by 7% year on year as a result of media reports in 2019 falsely detracted from reduced diamond mining output and sales its significance. The majority of distributable values realised from lower commodity prices. cash generated by mining continued to remain Total taxes paid by chamber members in 2019 within the country’s borders which directly and amounted to N$1.729 billion in royalties, N$243 indirectly benefitted Namibians, supported million in export levies and 1.437 billion in other industries and generated foreign exchange corporate tax. through the export of mineral commodities. Exploration expenditure by exploration and Over 96% of the mining workforce employed development companies fell from N$205 million in 2019 were Namibians, which meant that in 2018 to N$180 million in 2019. This may majority of the wages and salaries bill amounting have been due to declining commodity prices. to N$6.027 billion circulated within the local Exploration by mining companies also fell from economy. Moreover, the industry maintained N$368 million in 2018 to N$323 million in 2019. its high local expenditure component, of which N$13.405 billion was spent on local businesses Fixed investment by the sector continued its and suppliers, translating into further sources of downward trend, falling by 8.8 % in 2019 as no incomes for households and individuals. new mining projects were developed. While earlier reductions in mining investment were In total, the industry directly employed 16,342 from a high base, as three new mines were built individuals, compared to 16,224 individuals from 2013 to 2016, the persistent decline is in line in 2018. The direct employment consisted of with overall investment trends. chamber of mines of namibia CoM Annual Review 2019
24 24 One of | REVIEW OF COMPANIES OPERATING ENVIRONMENTOPERATING OPERATING COMPANIES OPERATING • In November 2019, AfriTin shipped its first tin concentrate from its rejuvenated Uis tin mine, marking a milestone in the first phase of re- developing the mine which was closed for 30 years. The company progressed ramping with up operations, of producing towards 60 tonnes tinof concentrate a month. Similarly, North River Resources completed commissioning the of processing plant at its historic Namib Lead and Zinc mine. The company realised its first product and sale in 2019. • As part of its restructuring exercise, QKR’s Navachab gold mine offeredvoluntary separation packages and early retirement options its to employees. Twenty-nine Navachab employees acceptedthis offer. • The prefeasibility study (PFS) conducted for the restart of operations at the Langer Heinrich results. positive yielded mine uranium the viable outcomes in the achieve PFS a is to comparatively favourable All in Sustaining Cost (AISC) US$30 of per pound the over life of mine, and a very low-risk restart. The PFS also confirmed a sizeable maidenvanadium resource 38.8of million pounds and the potential to significantlyexpand productionof uranium. • As for exploration activities, Reptile Uranium’s extensive exploration the over past two years has yielded positive drilling results, prompting the company advance to prefeasibility to stages. The work was initiated a scoping with study in October 2019. Should the scoping study yield positive results, Reptile intends to commence a PFS with in 2020 position to itself favourably should a recovery in the uranium materialise. market .
• As Namibia’s mining sector has matured theover last few years, the industry has undergone many changes particularly with regard ownership. to While Namibia is proud been have to home some to the of big mining majors such as Rio and Tinto Anglo, many of them sold have their Namibian assets as profit margins slowly been have eroded the over life mine.of Althoughmany commentators view these developments as negative, the change in ownership has facilitated the continuation of these operations, which would otherwise have closed down. • Rio Tinto concluded the sale of its 69% shareholding in the Rössing uranium mine, to (CNUC) Corporation Uranium National China As China pursues its strategy increase to the share nuclear of reduce power in a drive to its carbon footprint and contribution climate to change, much the of uranium production will be used fuel to their reactors. own The sale diverted the possible closure and loss some of 700 jobs as the pro-longed price low uranium of and increasing cost profilethreatened the viabilityof continuing operations for Rio Tinto. • Another important sale concluded in 2019 was the sale of Namdeb’s Elizabeth Bay mine diminishing and profile aging The Lewcor. to resources Namdeb’s of diamond land-based operations contributed have an to unsustainable cost profile of runningthese mines. The closure of land-based diamond operations is scheduled for 2021 otherwise the life of mine could be extended several by decades if government accepts proposals on a revised tax regime for land-based diamond mining operations. Lewcor as the new owner of the Elizabeth Bay mine, with a different cost structure, is ableto inject new life this into land-based diamond operation that would otherwise have been shut down. HIGHLIGHTS NAMIBIA MINING IN OF B2Gold Namibia Debmarine Namibia Dundee Precious Metals Langer Heinrich Uranium NamibiaLodestone Corporation Namdeb Diamond North Resources River Orano Rosh Pinah Zinc Corporation Rossing Uranium Salt & Chemicals Zinc Skorpion Swakop Uranium Mining Tin Uis Namdeb Holdings Sakawe Mining
1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. OPERATING COMPANIES OPERATING REVIEW OF REVIEW OF OPERATING IN 2019 COMPANIES
25 CoM Annual Review 2019 CoM Annual Review 2019 26 Bannerman Bannerman Celsius Gecko Kopore Lepidico Marenica Namibia Critical Metal Osino Resources Reptile Uranium Resources Zhonghe
EXPLORATION COMPANIES EXPLORATION 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. REVIEW OF REVIEW OF EXPLORATION IN 2019 COMPANIES REVIEW OF COMPANIES IN 2019 | OPERATING COMPANIES
B2GOLD NAMIBIA (Pty) Ltd.
Namibia’s second gold mine, the Otjikoto mine, lies between Otavi and Otjiwarongo in Northern Namibia. The mine came into production in December 2014 and has successfully entered into commercial production.
2019 HIGHLIGHTS • LDI free year • Safety targets exceeded
OUTPUT DETAILS KILOGRAMS OF GOLD SHAREHOLDERS EPL’s AT END OF 2019 BULLION B2Gold Corp. 90% EPL 6219 5,045 EVI Mining Company Ltd. 10% EPL 6627 EPL 6628 EMPLOYEES MINES IN NAMIBIA EPL 7744 PERMANENT TEMPORARY Otjikoto mine ML 169 EPL 6949 EMPLOYEES EMPLOYEES EPL 3195 AT END 2019 AT END 2019 DATE OF PRODUCTION START 857 55 December 2014 SAFETY RATING AT END 2019 OHSAS – 61.85% 27 CONTRACTORS EXPATRIATE LATEST ESTIMATE OF chamber EMPLOYED IN EMPLOYEES LIFE OF MINE AFFIRMATIVE ACTION PLAN 2019 AT END 2019 2027 Approved
of 248 12 mines BURSARIES AWARDED IN 2019 of
One namibia FINANCIAL
FINANCIAL YEAR EXPLORATION EXPORT LEVY PAID IN LOCAL 28 February – 1 March EXPENDITURE IN 2019 2019 PROCUREMENT N$37 million N$36.7 million SPEND IN 2019 TURNOVER IN 2019 N$1.725 billion N$3.584 billion PROFIT IN 2019 DIVIDENDS PAID IN N$553 million 2019 EXPENDITURE ON WAGES & SALARIES N$17.3 million CSR IN 2019 PAID IN 2019 CORPORATE TAX N$17.9 million N$685 million PAID IN 2019 TOTAL N$19 million PROCUREMENT EXPENDITURE ON FIXED INVESTMENT SPEND IN 2019 TRAINING AND SKILLS DEVELOPMENT IN IN 2019 ROYALTIES PAID IN N$2.010 billion 2019 N$55.9 million 2019 N$84.9 million N$7.9 million
CONTACT Managing Director and Country Manager: Mr. Mark Dawe DETAILS postal address P.O. Box 80363 • Windhoek • Namibia physical address 8 Sinclair street • Klein Windhoek telephone +264 61 295 8700 fax mile +264 61 295 8799 email [email protected] website www.b2gold.com chamber of mines of namibia 28 | REVIEW OF COMPANIES IN 2019 OPERATING COMPANIES OPERATING percentile. th Output from the Otjikoto mine recorded another solid performance, which posted a 6% increase year-on-year and exceeded its upper production target 2%. by Production was boosted higher by grade-ore from mining operations in the Wolfshag pit that resumed in the second half of 2019. Exploration B2Gold by Namibia consisted of diamond drilling on the mining licence to determine the extent of gold mineralisation along the up and down plunge. Ondundu, At detailed field mapping, stream sediment sampling,rock chip sampling and diamond core drilling of regional targets were carried out. 2019 was a stellar year for the operation in terms of safety performance, whichachieved LDIszero and 644 days without such an incident. A safe working place was engineered through consistent employee engagement, including contractors, on a Zero Harm culture. The labour relations climate for 2019 was stable and conducive for production. The relationship with MUN was delicate, mostly as a result of the parties criticizing each other for not negotiating in good faith when resolving labour related matters, such as substantive wage negotiations. B2Gold Namibia provided study assistance 19 to employees across various disciplines. In 2019, the company funded six third-year bursary students at various tertiary institutions, and awarded a new bursary a fourth-year to Geology student. An estimated amount of N$3.5 million was spent on technical and non-technical training. B2Gold focused primarily on supervisory management skills development which included emotional intelligence, employee relations and leadership interventions. Technical and core safety training was also a priority in 2019. Twenty-seven Graduates across various disciplines were given the opportunity gain to hands-on practical experience in the workplace through job attachments. In addition, the company provided an opportunity apprentices 97 to and interns from Vocational Training Centres and various tertiary institutions gain to practical experience in their field of study. Community investment in Namibia is focused on education, arts and culture, health, environment, and small business development. In 2019, B2Gold invested someN$17.9 vocational schools, secondary and primary development, childhood early on million education, and teacher skills development. Thecompany funded a partnership in which a remote indigenous private school and public schools share knowledge and experiences via a live interactive platform though satellite uplinks. The beneficiary school,Tsumkwe Primary School, has significantly improved its performance ranking from one of the lowest pass rates in Namibia, above to the 50 B2Gold healthcare programmes provided mobile services reach to remote communities and informal settlements in Windhoek. Livelihood improvement programmes provided 112 small-medium enterprises with business skills training as well as coaching, mentoring, housing. and Some environmental and social programmes are implemented through the Namibian Chamber of Environment (NCE). The organisation coordinates research projects, invests in social programmes and advises the government regarding environmental policy. B2Gold Namibia also chairs the Chamber of Mines Environmental and Social Committee, that aims promote to synergies and coordination within the sector. In 2019, members of the Chamber of Mines jointly funded projects for providing electricity poor to communities and a revolving credit fund for low-cost housing. Results from the annual compliance audit showed an improvement in the mine’s environmental and biodiversity management systems. Environmental activities included a review air of the quality water, and acid rock drainage management programmes to improve the understanding, mitigation of specific risks and potential impacts. The Otjikoto mine draft Closure and Rehabilitation plan was submitted and approved the by Ministry of Environment and Tourism. The document outlines the commitments closure to planning and progressive rehabilitation at the Otjikoto mine. In terms of progressive rehabilitation, seedlings of indigenous trees and shrubs were planted on site. A 7 MW solar power plant, inaugurated in 2018, converted the existing power plant into one of the first fully-autonomoushybrid (HFO and solar) power plants in theworld. This plant, which generated 13 GWh of electricity in 2019, eliminated approximately 9,000 tonnes of year. last emissions carbon As a main sponsor NCE, to B2Gold supported a number of environmental programmes though the organisation. NCE contributed the to prevention of illegal wildlife trade and poaching, and bursaries 24 were awarded young to Namibians study to environmental and social-science disciplines. PRODUCTION EXPLORATION SAFETY LABOUR RELATIONS EDUCATION AND SKILLS COMMUNITY RELATIONS ENVIRONMENT ENVIRONMENT REVIEW OF COMPANIES IN 2019 | OPERATING COMPANIES
DE BEERS MARINE NAMIBIA(Pty) Ltd. Trading name Debmarine Namibia Company registration number 85/090. Debmarine Namibia (DBMN) is the marine exploration and mining operator for the offshore licence area held by Namdeb Holdings (Pty) Ltd.
2019 HIGHLIGHTS • The approval and securing of funding for the construction of the Additional Mining Vessel (AMV3) commenced in 2019 • Improvement in safety performance
OUTPUT DETAILS CARATS SHAREHOLDERS DATE OF PRODUCTION START 1,292,000 Namdeb Holdings (100%) – January 2001 Government (50%) and De Beers (50%) EMPLOYEES SAFETY RATING AT END 2019 ISM Certification PERMANENT TEMPORARY RELATED OPERATIONS OHSAS 18001 Certification EMPLOYEES EMPLOYEES IN NAMIBIA AT END 2019 AT END 2019 Namdeb Diamond Corporation AFFIRMATIVE ACTION PLAN 29 983 29 (Pty) Ltd. and Namibia Approved Diamond Trading Company chamber CONTRACTORS EXPATRIATE (Pty) Ltd. (NDTC) EMPLOYED IN EMPLOYEES BURSARIES AWARDED IN 2019 2019 AT END 2019 of MINES IN NAMIBIA 6 mines Nil 130 Marine diamond recovery off the coast of Namibia of namibia FINANCIAL
FINANCIAL YEAR EXPLORATION EXPORT LEVY PAID IN LOCAL 31 January – 31 EXPENDITURE IN 2019 2019 PROCUREMENT December ** ** SPEND IN 2019 N$1.419 billion TURNOVER IN 2019 PROFIT IN 2019 DIVIDENDS PAID IN ** ** 2019 EXPENDITURE ON ** CSR IN 2019 WAGES & SALARIES CORPORATE TAX N$8 million PAID IN 2019 PAID IN 2019 TOTAL ** ** PROCUREMENT EXPENDITURE ON TRAINING AND SKILLS ROYALTIES PAID IN SPEND IN 2019 FIXED INVESTMENT DEVELOPMENT IN 2019 N$4.054 billion IN 2019 2019 ** ** N$117 million
(** see aggregated figures on the Namdeb Holding report on page 57)
CONTACT Chief Executive Officer: Mr. Otto. N Shikongo DETAILS postal address P.O. Box 23016 • Windhoek • Namibia physical address 10 Dr. Namdeb Centre • Dr. Frans Indongo Street • Windhoek telephone +264 61 297 8400 fax mile 264 61 297 8140 email [email protected] website www.debmarinenamibia.com chamber of mines of namibia 30 October to th | REVIEW OF COMPANIES IN 2019 OPERATING COMPANIES OPERATING November on the motor vessel (mv) DP Star. In addition, DP November Star. on video the motor vessel footages (mv) th were collectedwere hard over substratum areas for nine differentthat sites cannot be sampled the with current benthic sampling tool. As part a collaboration of and technical capacity building support provided the University to Namibia of (UNAM), there three were UNAM students who participated in the 2019 benthic campaign. sampling annual A stakeholder breakfast was held on 25 July 2019 various with stakeholders from academic local the including institutions non-governmental and government institutions. The session demonstrated how Debmarine is mitigating its impact on the marine environment as a responsible corporate citizen. A further follow- up session was held on 30 October 2019 the with Minister Environment of and HonourableTourism, Pohamba Shifeta and the Executive Management team from the Ministry. Output from Debmarine Namibia fell from 1.436 million carats in 2018 1.292 to million carats in 2019. The drop in production was primarily due scheduled to maintenance Mafuta the of mv vessel, meaning the vessel was not in production during this time. On the Atlantic 1 mining licence, exploration sampling was carried out 62 over de-risk to days futureexpansion capacity. In addition, 184 of a total pre- of days production development sampling was carried out and geophysical surveys were conducted 110 over days. Debmarine Namibia retained its safety accreditations [International Safety Management (ISM) and OHSAS 18001] and recorded Time a Lost Injury Frequency 0.80 of Rate (3 Time Lost Four Injuries). High Potential Incidents occurred in 2019, and the appropriate corrective and measures preventative were implemented. Debmarine enjoyed healthy relations its with social partners facilitate in 2019. To the successful conclusion a new of wage agreement commencing in 2020, the company made preparations for new negotiations. Other arrangements in reviewed were 2019, including the Fulltime ShopStewart Agreement and the Flexibility Agreement for ticketed seagoing employees, which resulted in extended agreements for the latter. Debmarine Namibia continued invest in the to development its of employees and Namibian capacity, create youths to spending N$100 well over million in 2019. Employee skills upgrading was conducted through its extensive in-house training programme, while trainee development focused on seafaring and offshore mining skills. Six Namibians granted were access future to employment opportunities in marine diamond mining, bursaries through Mechanical in awarded Engineering, Electrical Engineering, Navigational Studies, Mechatronics and Medicine (Medicine being awarded under the Diamond Award). Mining companies in Namibia are continuously working expand to their socio- economic investments and CSR initiatives beyond their mining localities. Debmarine Namibia continued make a difference to vein,thisin contributing youth,to sports, education, women empowerment, infrastructure and crime prevention in different areas across Namibia. In particular, women empowerment focus was a key CSR of in 2019. Among these sponsorshipswere the National to Netball participate team to in the M1 Nations cup held in Singapore. The company also promoted women Empowerment within throughthe sector, support and assistance the Women to in Mining Association of Namibia. Debmarine Lastly, funded renovations the of female at the ward Mental Hospital in Windhoek. Crime prevention initiatives bolstered were through a donation scanners of the to the NAMPOLto Criminal Bureau and surveillance equipment the Windhoek to City Police. An ISO 14001: 2015 surveillance audit was successfully conducted on the performance the of revised Environmental Management (EMS). System The annual 2019 benthic sampling campaign took place from the 14 the 7 PRODUCTION EXPLORATION SAFETY LABOUR RELATIONS EDUCATION AND SKILLS COMMUNITY COMMUNITY RELATIONS ENVIRONMENT REVIEW OF COMPANIES IN 2019 | OPERATING COMPANIES
DUNDEE PRECIOUS METALS TSUMEB Dundee Precious Metals Tsumeb, previously known as Namibia Custom Smelters, is located in Tsumeb, a northern town approximately 430 kilometres from Windhoek and produces blister copper from imported copper concentrates. The company has invested heavily in their new smelter, with state of the art gas filtration systems.
OUTPUT TONNES OF BLISTER COPPER 45,953 TONNES OF SULPHURIC ACID DETAILS 223,007 SHAREHOLDERS SAFETY RATING AT END 2019 Dundee Precious Investments None EMPLOYEES B.V (90%) PERMANENT TEMPORARY Local BEE 8% AFFIRMATIVE ACTION PLAN EMPLOYEES EMPLOYEES Employee Share Trust 2% Waiting for approval AT END 2019 AT END 2019 728 70 DATE OF PRODUCTION START BURSARIES AWARDED 1963 31 CONTRACTORS EXPATRIATE IN 2019 Nil chamber EMPLOYED IN EMPLOYEES LATEST ESTIMATE OF 2019 AT END 2019 LIFE OF MINE
of 1,312 19 2030 mines of namibia FINANCIAL
FINANCIAL YEAR EXPLORATION EXPORT LEVY PAID IN LOCAL 28 February – 1 March EXPENDITURE IN 2019 2019 PROCUREMENT n/a n/a SPEND IN 2019 TURNOVER IN 2019 N$818.2 million N$2.035 billion LOSS IN 2019 DIVIDENDS PAID IN N$1.6 Billion (Including 2019 EXPENDITURE ON WAGES & SALARIES a non-cash write down Nil CSR IN 2019 PAID IN 2019 of N$1.5 Billion) N$18.3 million N$532.7 million TOTAL CORPORATE TAX PROCUREMENT EXPENDITURE ON PAID IN 2019 FIXED INVESTMENT SPEND IN 2019 TRAINING AND SKILLS IN 2019 n/a N$1.41 billion DEVELOPMENT IN N$218.4 million 2019 ROYALTIES PAID IN N$11.7 million 2019 n/a
CONTACT Vice President and Managing Director: Mr. Zebra Kasete DETAILS postal address P.O. Box 936 • Tsumeb • Namibia physical address Smelters Road, Tsumeb telephone +264 67 223 4000 fax mile +264 67 223 4231 email [email protected] website www.dundeeprecious.com chamber of mines of namibia 32 | REVIEW OF COMPANIES IN 2019 OPERATING COMPANIES OPERATING DPMT improved its business performance in the first half of 2019 from a production and financial perspective. a safetyrelated incidentHowever, impacted production in the second half the of year. In 2019, Dundee achieved an LDFIR 0.73 of against its target 0.81. of Despite this achievement, LDI’s ten of a total recorded. were The company continued to promote a safe and healthy working environment through targeted initiatives such 5 and safetyas refresher Take inductions all employees to and contractors. A safety culture assessment at DPMT was conducted, the with objective to identify areas improvement of regard with behaviours to and processes. The assessment will be used as a road on map improve safety to performance and culture. The labour relations remained harmonious and the involved successful conclusion a wageof agreement that was signed thewith MUN. Dundee contributed national to skills development through its bursary programme, in which sponsored it three new students in 2019 and three existing bursars. Employee development focused on professional training through a Leadership Development Programme, on the-job coaching, mentoring and training for operators. Dundee has established an amicable relationship its with host community and the company has often received appreciation for its support and assistance in developing Dundee Tsumeb. of the town N$18.3 of invested a total million in the areas education of and economic development. This included infrastructure upgrading for a number local of schools and a capacity building programme for local teachers. Over N$1 million was sponsored establishing towards the Tsumeb University. SME Grants also were provided, assist to the with creation small of businesses in and stimulateTsumeb economic growth. Dundee sponsored emergency preparedness equipment the local to hospital and continued its support youth development to through sport. Dundee ran several initiatives aimed at mitigating their impact on the environment and effective risk management. A specifictree species waspropagated in the Dundee nursery, for the eventual testing their of properties potentially to destroy contaminants boreholes in underground drilled were Twelve test and to water. evaluate the quality underground of surrounding water the site. Installation the of verification pilot plantwas completed, whichtreats arsenic containing dust and thereby allows for improved disposal. waste A pollution control dam was also constructed contaminated store to process water. Various studies conducted were on the tailings dam as well as compliance audits according the Dams to Association guideline and requirements. PRODUCTION SAFETY LABOUR RELATIONS EDUCATION AND SKILLS COMMUNITY RELATIONS ENVIRONMENT REVIEW OF COMPANIES IN 2019 | OPERATING COMPANIES
LANGER HEINRICH URANIUM(Pty) Ltd.
Langer Heinrich Uranium (Pty) (LHU) Ltd is owned by Paladin Energy, which is listed on the Australian and Namibian Stock Exchange (NSE). The mine was placed on production suspension and a Care and Maintenance programme in May 2018 due to the depressed uranium market.
OUTPUT DETAILS
Nil SHAREHOLDERS DATE OF PRODUCTION START Langer Heinrich Mauritius November 2019 Holdings Ltd 100% EMPLOYEES LATEST ESTIMATE OF Ultimate Holding Company: LIFE OF MINE PERMANENT TEMPORARY Paladin Energy Limited (75%) 2035 EMPLOYEES EMPLOYEES Chinese Overseas Uranium AT END 2019 AT END 2019 Holdings Ltd (25%) SAFETY RATING AT END 2019 19 Nil N/a RELATED OPERATIONS IN Mine on care and maintenance 33 CONTRACTORS EXPATRIATE NAMIBIA chamber EMPLOYED IN EMPLOYEES None 2019 AT END 2019 AFFIRMATIVE ACTION PLAN Exempted
of 55 1 MINES IN NAMIBIA mines Langer Heinrich mine BURSARIES AWARDED (ML 140) + (ML 172)
IN 2019 of
Nil namibia
FINANCIAL
FINANCIAL YEAR EXPLORATION EXPORT LEVY PAID IN LOCAL 1 July – 30 June EXPENDITURE IN 2019 2019 PROCUREMENT Nil Nil SPEND IN 2019 TURNOVER IN 2019 N$52.7 million Nil LOSS IN 2019 DIVIDENDS PAID IN N$850.1 million 2019 EXPENDITURE ON WAGES & SALARIES Nil CSR IN 2019 PAID IN 2019 CORPORATE TAX N$200,000 N$21.1 million PAID IN 2019 TOTAL Nil PROCUREMENT EXPENDITURE ON FIXED INVESTMENT IN SPEND IN 2019 TRAINING AND SKILLS 2019 DEVELOPMENT IN ROYALTIES PAID IN N$112 million 2019 Nil 2019 N$3.1 million N$300,000
CONTACT Managing Director: Mr. Willem Johannes Roux DETAILS postal address P.O. Box 156 • Swakopmund • Namibia physical address Erongo Region telephone +264 64 410 6450 email [email protected] website www.paladinenergy.com.au chamber of mines of namibia 34 | REVIEW OF COMPANIES IN 2019 OPERATING COMPANIES OPERATING Paladin successfully transitioned the Langer Heinrich Uranium mine care into and maintenance status in 2019, and retained a core staff componentoverseeto these activities. As part the of care and maintenance programme, the company resolved lookto at viable restart options for favourable positioning when uranium market conditions improve. As part these of assessments, the prefeasibility study (PFS) was completed in 2019 and yielded promising results for restart, indicating potential significantly to reduce overall costs and a low-risk start-up. The PFS also confirmed a sizeable maiden vanadium resource 38.8 of million pounds and an opportunity to significantlyexpand productionof uranium from prior levels. Labour relations remained stable, and there no were safety or occupational incidents recorded. During its firstyear on care and maintenance, Langer Heinrich personnel attended statutory training which focused on safety, First Aid and response. emergency Despite the suspension mining of activities, environmental monitoring air of and quality,water energy and land-use, radiation and closure management were continued. Furthermore, Langer Heinrich invested N$60,000 in education, and donated N$100,000 an emergency to call for assistance in Government’s Drought relief initiatives through the Chamber Mines. of MAIN ACTIVITIES FOR 2019 REVIEW OF COMPANIES IN 2019 | OPERATING COMPANIES LODESTONE NAMIBIA(Pty) Ltd. Lodestone Namibia is the country’s first iron ore mine with a JORC resource base and complete feasibility study, which first came into small scale production for the cement industry in 2015. Once the Dordabis project is fully implemented, Lodestone will produce exceptionally pure iron ore concentrates, ranging from 68% Fe for the steel industry to 71% Fe for niche industrial customers. The mine is located 20 kilometres North of Dordabis, about 75 kilometres from Windhoek.
OUTPUT DETAILS TONNES OF IRON ORE 4,030 SHAREHOLDERS EPL’s AT END OF 2019 100% owned by LODESTONE EPL 7352 HOLDINGS GROUP EPL 4265 EMPLOYEES PERMANENT TEMPORARY MINES IN NAMIBIA SAFETY RATING AT END 2019 EMPLOYEES EMPLOYEES Lodestone iron ore mine None AT END 2019 AT END 2019 (ML 182) 9 2 AFFIRMATIVE ACTION PLAN DATE OF PRODUCTION START None CONTRACTORS EXPATRIATE December 2015 35 EMPLOYED IN EMPLOYEES
chamber BURSARIES AWARDED 2019 AT END 2019 LATEST ESTIMATE OF IN 2019 Nil Nil LIFE OF MINE Nil of 20 years from start of project mines of namibia FINANCIAL
FINANCIAL YEAR EXPLORATION EXPORT LEVY PAID IN LOCAL 1 January – 31 EXPENDITURE IN 2019 2019 PROCUREMENT December Nil Nil SPEND IN 2019 N$3.29 million TURNOVER IN 2019 LOSS IN 2019 DIVIDENDS PAID IN N$2.29 million N$12 million 2019 EXPENDITURE ON Nil CSR IN 2019 WAGES & SALARIES CORPORATE TAX Nil PAID IN 2019 PAID IN 2019 TOTAL N$2.5 million Nil PROCUREMENT EXPENDITURE ON SPEND IN 2019 TRAINING AND SKILLS FIXED INVESTMENT IN ROYALTIES PAID IN N$3.29 million DEVELOPMENT IN 2019 2019 2019 N$4.11 million N$68,702 N$68,055
CONTACT Chief Operating Officer and Country Manager: Mr. Daniel Castelyn DETAILS postal address P.O. Box 41102 • Windhoek • Namibia physical address 37 Feld Street • Windhoek telephone +264 61 295 8700 email [email protected] webiste www.lodestonepty.com chamber of mines of namibia 36 | REVIEW OF COMPANIES IN 2019 OPERATING COMPANIES OPERATING In 2019, Lodestone progressed the previously completed prefeasibility study and 88.6 million tonne JORC resource for the Dordabis project a definitive to feasibility This study. includes plans export to two million tonnes high- of grade iron ore per annum, via the port Structural Bay. Walvis of changes and environmental considerations in the iron-ore market differentiatedhave higher grade concentrate from lower grade lump products currently sold. This has placed Lodestone in a smaller and more sought-after product category ore of concentrates. The implementation the of Dordabis project would a unique have economic multiplier significantly by boostingrail and the power, useof currentwater, port capacities. The local expenditure would average N$1.38 billion per year at nameplate production, more with than half this of being spent on the port pit to logistics chain. The project would also see Namport expanding its capacities to large bulk vessels not seen yet in Namibian waters. As all with mining projects, a conservative price outlook and sustained demand for the metal being beneficiatedwill determinethe final viability of theproject. Lodestone has already engaged several potential offtake partners and financiers for a structured debt funding, pending completion the of DFS and environmental clearance expected be in to place the second by half 2020. of Should the project be developed, first productionexpected is thein first ofhalf 2022. Lodestone continues support to its project development and in country activities mining by and selling iron ore, from the Dordabis the local site, to cement industry for use as a flux in clinker production. In additiontheto current small-scale fines production,Lodestone is also making progress in securing a large scale and long-term offtake agreement (CTL) a coalwith producer to liquid in South Africa for its niche high grade magnetite concentrate. The company has been selected undergo to in-plant testing for its magnetite concentrate, to potentially be used as a catalyst feedstock and expansion in a highly into lucrative worldwide niche product industry for Haber Bosch and catalyst Fischer Tropsch manufacturers. The development a comprehensive of Environmental, Social, and Governance plan will guide sustainable investments the into surrounding communities Stinkwater of and Dordabis. There no were major environmental or community concerns in 2019 reflectingtheir commitmentto operating responsible in a and inclusive manner. Lodestone’s EIA and EMP are being updated reflect to all project updates arising from the DFS. MAIN ACTIVITIES FOR 2019 REVIEW OF COMPANIES IN 2019 | OPERATING COMPANIES
NAMDEB DIAMOND CORPORATION(Pty) Ltd. Namdeb Diamond Corporation is a wholly owned subsidiary of Namdeb Holdings (PTY) Ltd, which is a 50:50 joint venture between De Beers and the Government of the Republic Namibia respectively. Namdeb Holdings has long-term mining concessions in the south west of Namibia both on land and offshore, adjacent to the Orange River and offshore in the shallow waters. The main land based operations are found near the town of Oranjemund and satellite mines along the Orange River. Namdeb Diamond Corporation is the exploration and the mining operator for all land-based licences of Namdeb Holdings, with the exception of the deep off shore mining licences.
2019 HIGHLIGHTS • Commencement of Sale of Elizabeth Bay mine to Lewcor • Commencement of property sale in Oranjemund, that were previously owned by Namdeb • Most production targets were met, which resulted in a good production year
OUTPUT DETAILS CARATS 407, 986 SHAREHOLDERS Orange River Mines Namdeb Holdings (100%) – Daberas: 1999 - 2020 Government (50%) and Sendelingsdrif: 2014 -2020 EMPLOYEES De Beers (50%) Northern Coastal Mines PERMANENT TEMPORARY Beach & Marine Contractors: EMPLOYEES EMPLOYEES Related operations in Namibia 1991 - 2022 De Beers Marine Namibia (Pty) Elizabeth Bay: 1991 - 2018 AT END 2019 AT END 2019 1,339 37 Ltd., trading name: Debmarine 37 Namibia, Namibia Diamond SAFETY RATING AT END 2019 chamber CONTRACTORS EXPATRIATE Trading Company (NDTC) OHSAS 18001:2007 EMPLOYED IN EMPLOYEES Date of production start 2019 AT END 2019 AFFIRMATIVE ACTION PLAN of
MINES IN NAMIBIA mines 964 10 Submitted Southern Coastal Mines of Mining Area No.1: 1928 -2022 BURSARIES AWARDED namibia IN 2019 Nil FINANCIAL ** Aggregated financial figures EXPLORATION EXPENDITURE DIVIDENDS PAID IN 2019 can be seen on page 57 the IN 2019 ** Namdeb Holdings report. ** TOTAL PROCUREMENT SPEND IN 2019 FINANCIAL YEAR PROFIT/LOSS IN 2019 N$2.132 billion 1 Jan – 31 Dec ** LOCAL PROCUREMENT SPEND TURNOVER IN 2019 CORPORATE TAX PAID IN 2019 IN 2019 ** ** N$1.68 billion
WAGES AND SALARIES PAID ROYALTIES PAID IN 2019 EXPENDITURE ON CSR IN 2019 IN 2019 ** N$6.1 million ** EXPORT LEVY PAID IN 2019 EXPENDITURE ON TRAINING & FIXED INVESTMENT IN 2019 ** SKILLS DEVELOPMENT IN 2019 ** N$8.8 million
CONTACT Chief Executive Officer: Mr. Riaan Burger DETAILS postal address P.O. Box 1906 • Windhoek • Namibia physical address 10 Dr Frans Indongo Street • Namdeb Centre • 10th Floor • Windhoek telephone +264 61 204 3348 fax mile +264 61 238 833 email [email protected] chamber of mines of namibia 38 | REVIEW OF COMPANIES IN 2019 OPERATING COMPANIES OPERATING Overall carat production was less than 2018 as operations were suspended at the Elizabeth Bay mine. output However, from the other operations were above target in 2019, largely owing the to over performance of the Southern Coastal mine.Output from the Southern Coastal mine was boosted having by multiple active mining facesacross the operation. Profitability improved resultas a of larger stone size and suspending the unprofitable operations at Elizabeth Bay mine. Namdeb investigated various technologies improve to mining methods. The first was a three-month trial testing the SurfaceMiner evaluation which aids the conventional means of bedrock mining and subsequent cleaning. The initial trial was successfully concluded and showed that this method will enhance the efficiency of conventional bedrock cleaning. The machine also adds significant safety and security benefits to theprocess. Exploration in Namdeb’s Southern Coastal Mine (SCM) focused on large diameter drilling and sampling as well as linear assay bulk samples inform to resource extension and development. As part of the onshore, off mineexploration programme, an RC drilling campaign was conducted locate to additional palaeo river channels and marine deposits occurring at a higher level than the marine deposits currently being mined. A bulk sampling campaign is underway on a potential Palaeo Orange River deposit within Namdeb’s mining licence area. An infill geophysical campaign(seismic commencedsurvey) Offshore to further enhance the geological model of SCM which also feeds into the regional geological model. review. under period the for continued also commodities non-diamond for Exploration In 2020 the large diameter drilling and linear assay campaigns will continue as part of an ongoing process expand to and develop resources. Namdeb recorded ten High Potential Incidents (HPI’s) against a target of eight, of which six were due fatigue. to Various initiativeswere carried out reduce to fatigue related incidents and will continue in 2020. Nine (Lost Time LTI’s Injuries) were recorded against a target of six. Anglo America initiated an Elimination of Fatalities (EoF) taskforce, which visited the mine throughout 2019. Post-visit recommendations proved exceptionally valuable in improving health and safetysystems. Namdeb and MUN concluded a hallmark three-year wage agreement in 2019, which cemented the process for employees become to home owners in Oranjemund. No new bursaries were awarded in 2019 given the current business environment. However, investment into local skills development continued through job attachments and work integrated learning opportunities. A culture of high performance is continually cultivated through talent management, with leadership programmes and training provided to employees. Gender diversity and inclusion were also a focus of training initiatives. As part of the transformation town process, a significant milestone of private property ownership in Oranjemund became a reality in July 2019, with approximately 82residential properties sold private to individuals, and another 171 individuals are in the process of concluding their transactions. The sale of residential and business properties is imperative sustainableto diversification as it will facilitate economic activity beyond Namdeb and diamond mining. Furthermore, provision of all municipal services became responsibility of the Oranjemund Council, Town except for the supply of electricity. This will be handed over during the first part of 2020. Part of the transformation and normalization of Oranjemund has been the handover of critical education and healthcare infrastructure the to local government. In this regard, part of the Oranjemund Private School infrastructure, books, furniture and other amenities were donated allow to for the amalgamation of the two high schools. The new public high school opened its doors in the 2020 academic Facilities year. will also be made available the to Ministry of Health and Social Services for a new public health centre. Namdeb continues support to the newly established OMD 2030, a community organization which promotes Oranjemund as a tourist attraction and represents the interests of the large. at community Another major milestone reached in 2019 was the registration of the OMDis Town Transform Agency This (OMDis). not–for-profit organization was established with the sole mandate encourage to non-mining economic activity in Oranjemund and has initiated a number of economic diversification projects in 2019, including a Nursery project growing local fresh produce, and a number of other SME’s. This process will continue gain to momentum in 2020. Environmental monitoring activities were continued on all mining sites, with expert guidance through th PRODUCTION EXPLORATION SAFETY LABOUR RELATIONS EDUCATION AND SKILLS COMMUNITY RELATIONS ENVIRONMENT REVIEW OF COMPANIES IN 2019 | OPERATING COMPANIES
QKR NAMIBIA NAVACHAB GOLD MINE Navachab gold mine is an open pit mine, producing gold bullion which is refined for onward sales at the Rand Refinery in South Africa.
2019 HIGHLIGHTS • Navachab implemented aturnaround to ensure sustainability and viability of future expansion. • Successful cost and operational restructuring enabled the mine to be self-funded.
OUTPUT KILOGRAMS OF GOLD DETAILS BULLION SHAREHOLDERS LATEST ESTIMATE OF 1,481 QKR Namibia Mineral LIFE OF MINE Holdings (Pty) Ltd – 92.5% EMPLOYEES 2036 JG Investment Investments PERMANENT TEMPORARY (Pty) Ltd (EpangeloGold) – EPL’s AT END OF 2019 EMPLOYEES EMPLOYEES 7.5% EPL 999 AT END 2019 AT END 2019 EPL 3275 353 95 (including job RELATED OPERATIONS IN attachments and NAMIBIA apprentices) SAFETY RATING AT END 2019 None ISO 14001 CONTRACTORS EXPATRIATE OHSAS 18001 39 EMPLOYED IN EMPLOYEES MINES IN NAMIBIA chamber 2019 AT END 2019 Navachab Gold Mine (ML 31) AFFIRMATIVE ACTION PLAN 128 3 ML 180 Approved of mines DATE OF PRODUCTION START BURSARIES AWARDED 1989 IN 2019 of Nil namibia FINANCIAL
FINANCIAL YEAR EXPLORATION EXPORT LEVY PAID IN LOCAL 1 January – 31 EXPENDITURE IN 2019 2019 PROCUREMENT December N$3.1 million N$9.6 million SPEND IN 2019 N$255.8 million TURNOVER IN 2019 LOSS IN 2019 DIVIDENDS PAID IN N$957.4 million N$53.4 million 2019 EXPENDITURE ON Nil CSR IN 2019 WAGES & SALARIES CORPORATE TAX N$1.1 million PAID IN 2019 PAID IN 2019 TOTAL N$232.8 million Nil PROCUREMENT EXPENDITURE ON SPEND IN 2019 TRAINING AND SKILLS FIXED INVESTMENT ROYALTIES PAID IN N$445 million DEVELOPMENT IN IN 2019 2019 2019 N$18.8 million N$28.8 million N$3 million
CONTACT Managing Director: Mr. George Botshiwe DETAILS postal address P.O. Box 150 • Karibib • Namibia physical address Karibib, Namibia telephone +264 64 552 000 fax mile +264 64 550 231 website www.qkrcorp.com chamber of mines of namibia 40 | REVIEW OF COMPANIES IN 2019 OPERATING COMPANIES OPERATING Gold production for 2019 increased by 4% year-on-year and out-performed out-performed and year-on-year 4% by increased 2019 for production Gold budgeted targets. This was primarily due improved ore supply to mined from the pit satellite and stockpiles as well as enhanced performance the of processing plant. An 18 24-month to stripping programme commenced in 2019 access to higher grade ore from the main pit. Surface level exploration was conducted on EPL 999 andEPL 3275, which identified gold anomalies. Theresults will be developed with further geophysical explorationand Reverse Circulation (RC) drilling. Navachab Gold mine successfully received its OHSAS 18001:2007 rating. Five LDI’s recorded were and one minor injury. Labour relations cordial were in 2019, despite significantrestructuring and austerity measures that implemented were as part the of turnaround strategy. petitions received were from theTwo Union in 2019 and the issues concern of mutuallywere dealt with. Navachab and MUN concluded a two-year wage agreement that is valid until February 2021. Management and the Union continue engage to at regular consultative forums where mutually beneficial solutions soughtare and agreed. Navachab continued a comprehensive with approach skills to development, through internal training and company supported studies. A number of employees offered were study loansto furthertheir studies, whileothers with potential take positions to higher of responsibility underwent targeted training development. and related technicalWork- skills, IT and computer training, Health, Saftey and Environment (HSE)courses provided were non-managerial to In staff. additionto the VET the mine Levy, spent N$ of a total 1.2 million on training and development itsof employees. QKR Navachab Gold Mine continued support to community initiatives which focused on education linked programmes at a number schools, of drought relief, the Karibib gardening project and the Karakul sheep sustainable project. Navachab Gold mine was successfully recertifiedtheto ISO 14000 OHSAS 18001 standard. The mine continued monitor to airquality, noise, surface and underground Dust suppressionwater. sprayers installed were at the pre-concentrator plant suppressto dust from crushing operations. The encroachment wild of animals, particularly baboons, work into areas and offices ofwas great concern. This was attributed the prevailing to drought. No reportable environmental incidents occurred, or issues any non-compliance. of PRODUCTION EXPLORATION SAFETY LABOUR RELATIONS EDUCATION AND SKILLS COMMUNITY RELATIONS ENVIRONMENT REVIEW OF COMPANIES IN 2019 | OPERATING COMPANIES
NAMIB LEAD & ZINC MINING(Pty) Ltd. North River Resources developed the old Namib lead and zinc mine which stopped producing in 1991. The company has injected new life into the mine, and commenced with production of zinc and lead concentrate. The mine is situated at the Western foot of the Rössing mountain.
2019 HIGHLIGHTS • Commissioning of plant completed with the first zinc and lead concentrate produced • First sales • Exceeded one year without LDI • Commenced with ramp-up
OUTPUT DETAILS ZINC CONCENTRATE SHAREHOLDERS LATEST ESTIMATE OF 2,267 tonnes North River Resources Plc 90% LIFE OF MINE LEAD CONCENTRATE NLZM Community 2027 764 tonnes Empowerment Trust 5% EMPLOYEES NLZM Employee Benefit Trust EPLs AT END OF 2019 5% EPL 2902 PERMANENT TEMPORARY EPL 5075 EMPLOYEES EMPLOYEES MINES IN NAMIBIA AT END 2019 AT END 2019 41 Namib lead and zinc mine SAFETY RATING AT END 2019 chamber 130 18 ML 185 None CONTRACTORS EXPATRIATE EMPLOYED IN EMPLOYEES DATE OF PRODUCTION START
AFFIRMATIVE ACTION PLAN of
2019 AT END 2019 May 2019 Approved mines 3 1 of BURSARIES AWARDED namibia IN 2019 Nil FINANCIAL
FINANCIAL YEAR EXPLORATION EXPORT LEVY PAID IN LOCAL 1 January – 31 EXPENDITURE IN 2019 2019 PROCUREMENT December N$307,414 N$204,971 SPEND IN 2019 N$68.7 million TURNOVER IN 2019 LOSS IN 2019 DIVIDENDS PAID IN N$46.6 million 2019 EXPENDITURE ON N$60.6 million Nil CSR IN 2019 WAGES & SALARIES CORPORATE TAX N$484,909 PAID IN 2019 PAID IN 2019 TOTAL N$46.8 million Nil PROCUREMENT EXPENDITURE ON SPEND IN 2019 TRAINING AND SKILLS FIXED INVESTMENT DEVELOPMENT IN ROYALTIES PAID IN N$99.4 million IN 2019 2019 2019 Nil N$607,809 N$592,471
CONTACT Country Manager and Managing Director: Mr. Martin Tjipita DETAILS postal address P.O. Box 7185 • Swakopmond • Namibia physical address No. 6 Francois Street • Swakopmund telephone +264 64 461 701 fax mile +264 64 426 251 email [email protected] website www.namibleadzinc.com chamber of mines of namibia 42 | REVIEW OF COMPANIES IN 2019 OPERATING COMPANIES OPERATING The Namib lead and zincmine produced 2,267 tonnes zinc of concentrate and 764 tonnes Lead of concentrate adding Namibia’s to base metal output. Once the plant was commissioned, ramp-up operations of proceeded. A number challengesof encountered were in the ramp-up process, including a mining development backlog, achieving required percentages metal of concentrate and equipment reliability. The hurdles addressed were for a smoother ramp-up process in 2020. Exploration activities focused surrounding on the company’s the two EPL’s, mining licence area The mine achieved LDI’s zero in its firstyear of operation and achieved an All Injury Frequency 45.13, of (AIFR) Rate well below its target 55.8. of The MUN applied applied to for recognition the at mine anwith agreement signed in October 2019. Machine Operator training was provided familiarise to employees use on how to new machinery and equipment. Job attachment plans developed were in 2019 and will berolled out in 2020. recycleA waste project was identifiedfor funding thein WestKavangoregion through the community this project trust. was put However, on hold, while all effortswere directedthe at ramp-up process and movingthe mine a steady into state production. of NLZM installed dust seven monitoring stations measure to dust levels around the mine, in which operational impact was captured through regular sampling and laboratory analysis. The EIA was amended product improve to transportation from the mine the port, to including road repair. An underground reservoir water excess was also constructed for water store to re-use that will minimise consumption water the mine. by A reputable waste management contractor was appointed carry-out to proper separation, waste transportation, recycling and disposal. EXPLORATION SAFETY LABOUR RELATIONS EDUCATION AND SKILLS COMMUNITY RELATIONS ENVIRONMENT PRODUCTION REVIEW OF COMPANIES IN 2019 | OPERATING COMPANIES
ORANO MINING NAMIBIA Orano Mining Namibia, 100% owned by Uramin Inc., constructed the Trekkopje uranium mine. A separate company, Orano Processing Namibia, will convert the output of the mine into uranium oxide for sale to Orano clients once operations commence. Water for the Trekkopje operations is provided by the Erongo Desalination Plant, situated at Wlotzkasbaken.
OUTPUT DETAILS Nil SHAREHOLDERS LATEST ESTIMATE OF Uramin Inc. 100% LIFE OF MINE 8 years RELATED OPERATIONS IN EMPLOYEES NAMBIA SAFETY RATING AT END 2019 PERMANENT TEMPORARY Orano Processing Namibia None EMPLOYEES EMPLOYEES Erongo Desalination Company AT END 2019 AT END 2019 AFFIRMATIVE ACTION PLAN 16 0 MINES IN NAMIBIA n/a (Orano Mining Namibia not Trekkopje uranium mine 43 CONTRACTORS EXPATRIATE a relevant employer) (ML 151) chamber EMPLOYED IN EMPLOYEES BURSARIES AWARDED 2019 AT END 2019 DATE OF PRODUCTION START IN 2019 of 40 0 Mine under care and Nil mines maintenance of namibia FINANCIAL
FINANCIAL YEAR EXPLORATION EXPORT LEVY PAID IN LOCAL 1 January – 31 EXPENDITURE IN 2019 2019 PROCUREMENT December Nil n/a SPEND IN 2019 N$41.3 million TURNOVER IN 2019 PROFIT IN 2019 DIVIDENDS PAID IN n/a n/a 2019 EXPENDITURE ON n/a CSR IN 2019 WAGES & SALARIES CORPORATE TAX N$300,000 PAID IN 2019 PAID IN 2019 TOTAL N$21.6 million n/a PROCUREMENT EXPENDITURE ON SPEND IN 2019 TRAINING AND SKILLS FIXED INVESTMENT DEVELOPMENT IN ROYALTIES PAID IN N$45.5 million IN 2019 2019 2019 Nil n/a N$260,650
CONTACT Managing Director: Mr. Tommie Gouws DETAILS postal address P.O. Box 585 • Swakopmund • Namibia physical address DF Malherbe Building • 25 Mandume ya Ndemufayo Street telephone +264 64 415 720 fax mile +264 64 415 721 email [email protected] website www.orano.group chamber of mines of namibia 44 | REVIEW OF COMPANIES IN 2019 OPERATING COMPANIES OPERATING Orano Mining Namibia implemented its care and maintenance programme at mine as planned,Trekkopje while the Erongo Desalination Plant continued to augment supply NamWater’s meet to the demand the of uranium mines and other users in the coastal area. In October 2019, the plant reached a production milestone 50 of million cubic metres potable of produced water since was it commissioned in 2010, reported not with a single during LTI that entire period. Orano believes that the demand for nuclear energy worldwide, particularly in Asia, in the will grow medium long to term. With 80% the of investment developto the mine already made and the advanced processing knowledge acquired through metallurgical testing, Orano plans exploit to the Trekkopje deposit as soon as conditions in the uranium market allow. The mine and desalination plant continued and operate fatality to its with LTI free record. No industrial action or labour cases reported. were University Namibia of (UNAM). Skills development focused mainly on compliance training. Orano Mining Namibia supported projects in the areas economic of development, education, culture and sport in neighbouring communities Arandis of and Swakopmund, and the wider Erongo Region. The economic development objective is being pursued in cooperation the with Erongo Development Foundation giving by small loans SMEs to in the region. Orano sponsored several sport events and cultural festivals in the Spitzkoppe and Usakos communities. Although project the Trekkopje is under care and maintenance, Orano vigilantly monitors aspects such as air and quality, water radiation and biodiversity on the mine and in neighbouring areas. Independent audits compliance of the with environmental management plans for the mine and the desalination plant in 2019 confirmed a high of compliance. level Orano continued its sponsorship a bursar to pursuing Electrical Engineering at the MAIN ACTIVITIES FOR 2019 SAFETY LABOUR RELATIONS EDUCATION AND SKILLS COMMUNITY COMMUNITY RELATIONS ENVIRONMENT REVIEW OF COMPANIES IN 2019 | OPERATING COMPANIES
ROSH PINAH ZINC CORPORATION(Pty) Ltd. Also known as the Trevali Rosh Pinah mine. Rosh Pinah is the jewel underground mine of Trevali, producing zinc and lead concentrates. Both zinc and lead concentrates are sold to the international market.
2019 HIGHLIGHTS • Total Injury Frequency Rate (TIFR) improved by 31% year-on-year. • 874 consecutive days worked without a Loss Time Injury (highest ever). • Unit costs for mining, plant and maintenance were improved by 11%. • 50 Year record Run of Mine (ROM) of 714,000 tonnes was achieved.
OUTPUT DETAILS TONNES OF ZINC CONCENTRATE SHAREHOLDERS LATEST ESTIMATE OF 100,409 Trevali Mining LIFE OF MINE Corporation 89.96% 2032 TONNES OF LEAD PE Minerals 1.63% CONCENTRATE LICENSES AT END OF 2019 13,019 Jaguar Investments 7.84% EPL 2616 MDRL 2616 EMPLOYEES Rosh Pinah Employee 45 PERMANENT TEMPORARY Empowerment Participation SAFETY RATING AT END 2019 chamber EMPLOYEES EMPLOYEES Scheme Trust 0.57% ISO 45001 AT END 2019 AT END 2019 ISO 14001 Trevali Sustainability Report
437 47 of MINES IN NAMIBIA mines Rosh Pinah mine (ML 39) CONTRACTORS EXPATRIATE AFFIRMATIVE ACTION PLAN EMPLOYED IN EMPLOYEES
of Approved DATE OF PRODUCTION START
2019 AT END 2019 namibia 1969 195 8 BURSARIES AWARDED IN 2019 FINANCIAL Nil
FINANCIAL YEAR EXPLORATION EXPORT LEVY PAID IN LOCAL 1 January – 31 EXPENDITURE IN 2019 2019 PROCUREMENT December N$60.3 million N$14 million SPEND IN 2019 N$371 million TURNOVER IN 2019 PROFIT IN 2019 DIVIDENDS PAID IN N$1,363 billion N$207 million 2019 EXPENDITURE ON Nil CSR IN 2019 WAGES & SALARIES CORPORATE TAX N$6.4 million PAID IN 2019 PAID IN 2019 TOTAL N$221.7 million N$70 million PROCUREMENT EXPENDITURE ON SPEND IN 2019 TRAINING AND SKILLS FIXED INVESTMENT DEVELOPMENT IN ROYALTIES PAID IN N$656 million IN 2019 2019 2019 N$361 million N$35 million N$2.8 million
CONTACT Managing Director: Mr. Christo Horn DETAILS postal address Private Bag 2001 • Rosh Pinah • Namibia telephone +264 63 274 201 fax mile +264 63 274 209 website www.trevali.com/operations/rosh-pinah-mine/default.aspx chamber of mines of namibia 46 | REVIEW OF COMPANIES IN 2019 OPERATING COMPANIES OPERATING 2019 was a highlight in terms year for production. of RPZC On themining front, the ROM reached 714,000 tonnes, the highest in the history the of mine. The tonnages milled also were the secondhighest in the mine’s operational history, despite the harder ore. Contained metal zinc in concentrate production was 3% above target for the year. Exploration efforts in 2019werefocused expandingon the existing resource, which consisted regional of surface and underground inferred drilling. The infill drilling programme was continued and various regional exploration targets were evaluated as part an of extensive data mining campaign. Some these of targets beenhave identifiedfor furtherwork in 2020. world-classTwo underground refuge chambers commissioned were in 2019 with a further two planned in 2020. These areas serve as a safe place in the of event an undergroundemergency. The mine continued their with safetyculture step change which culminated tangible into results in 2019. The operation recorded a 31% improvement Injury in its Total Frequency (TIFR) Rate and achieved a record working without three Time a Lost (nearly days years) Injury. 874 of Although labour relations are calm and constructiveat the mine, an increase in labour disputes the with Labour Commissioner was recorded in 2019. 2020 is the finalyear three-yearof a wage agreementthe with MUN. In 2019 focused RPZC on professional development and technical training for employees. Employees and their dependents continue be supported to through a study assistance scheme provided the mine. by also provided RPZC opportunities for graduates through its scheme and a Professional-in-Training (PIT) programme. The work mine integrated participated in the National Authority’s Training (NTA’s) programme. In partnership Skorpion with Zinc, the Obib programme continues support to economic development through various projects in the Rosh Pinah community. Some these of include training in carpet weaving and leather working. The mine invested some N$6 million in local schools and the medical clinic, combined with various sponsorships and drought relief programs as part the of larger Chamber Mines’of integrated social responsibility programs. is currently RPZC reviewing their sustainability programs in collaboration the with stakeholders in and around Rosh Pinah town. released its firstTrevali Sustainability Report in 2019. The Environmental Clearance Certificate (ECC)for mining activities,was successfullyrenewed and awarded the Ministry by Environment of (MET). and Tourism monitors RPZC impact on allareas including underground and borehole quality, water dust emissions, energy and fuel consumption. In respect fuel of consumption and related areas, the mine began calculating and monitoring its Green House gas emissions and carbon footprint. EXPLORATION SAFETY LABOUR RELATIONS EDUCATION AND SKILLS COMMUNITY RELATIONS ENVIRONMENT PRODUCTION REVIEW OF COMPANIES IN 2019 | OPERATING COMPANIES
RÖSSING URANIUM LIMITED Rössing Uranium, which is majority owned by China National Uranium Corporation Limited (CNUC) is one of Namibia’s two uranium producing mines and is the country’s longest running open pit uranium mine which has been in operation for over 40 years. Rössing produces uranium oxide for nuclear power utilities in countries which are signatories of the Nuclear Non-Proliferation Treaty.
2019 HIGHLIGHTS • Rössing won the Chamber of Mines best safety award in the operating mines category • Sale transaction between Rio Tinto plc and CNUC to acquire the majority shareholding of Rössing was concluded DETAILS OUTPUT TONNES OF URANIUM OXIDE SHAREHOLDERS DATE OF PRODUCTION START China National Uranium 1976 2,448.5 Corporation 68.62% EMPLOYEES LATEST ESTIMATE OF Iran Foreign Investment LIFE OF MINE PERMANENT TEMPORARY Company 15.29% 2026 EMPLOYEES EMPLOYEES AT END 2019 AT END 2019 Industrial Development SAFETY RATING AT END 2019 969 31 Corporation of South Africa ISO 14001 certified 10.22% 47 CONTRACTORS EXPATRIATE
chamber AFFIRMATIVE ACTION PLAN EMPLOYED IN EMPLOYEES Government of Namibia Yes 2019 AT END 2019 3.42% of 1,029 12 BURSARIES AWARDED mines MINES IN NAMIBIA IN 2019 Rössing mine (ML 28)
8 of namibia FINANCIAL
FINANCIAL YEAR EXPLORATION EXPORT LEVY PAID IN LOCAL 1 January – 31 EXPENDITURE IN 2019 2019 PROCUREMENT December Nil N$6.3 million SPEND IN 2019 N$1.619 billion TURNOVER IN 2019 PROFIT IN 2019 DIVIDENDS PAID IN N$2.685 billion N$ 503 million 2019 EXPENDITURE ON (from normal operations) Nil CSR IN 2019 WAGES & SALARIES N$26 million PAID IN 2019 CORPORATE TAX TOTAL N$767.2 million PAID IN 2019 PROCUREMENT EXPENDITURE ON TRAINING AND SKILLS Nil (assessed tax loss) SPEND IN 2019 FIXED INVESTMENT N$2,722 billion DEVELOPMENT IN IN 2019 ROYALTIES PAID IN 2019 N$193.3 million 2019 N$26.2 million N$77.6 million
CONTACT Managing Director: Mr. Johan Coetzee DETAILS postal address Private Barg 5005 • 28 Hidipo Hamutenya Ave • Swakopmund • Namibia telephone +264 64 520 2275 Rössing Uranium fax mile +264 64 520 2275 Working for Namibia email [email protected] website www.rossing.com chamber of mines of namibia 48 | REVIEW OF COMPANIES IN 2019 OPERATING COMPANIES OPERATING The quantity ore of mined in 2019 met planned targets, milled tonnages however, fell below budgeted targets. This resulted in overall production falling short of budgeted production 11%. by This was largely due continued to and unplanned interruptionswater as well as crusher reliability issues. The conclusion the of majority shareholding change effectively opened up a significant market in China andthe first sales contract with the China National Nuclear Corporation Limited (CNNC), the holding company CNUC, of was signed for product delivery in early 2020. The vertical integration also gives Rössing access technological to assistance from the wider CNNC group in mining and processing, and several areas are currently being investigated for improvements bringto higher efficiency to the operation. There was no exploration conducted in 2019. Rössing recorded an All-injury Frequency 0.49 of (AIFR) against Rate for the year, a target 0.61, of which is the second-best safety performance in the history the of mine.In 2019 five monthswere achievedwithout a single injury, a sure indication harmthat zero is achievable. In the transition the new to majority ownership, the mine experienced no major industrial action in 2019. Rössing mine has invested heavily in skills development and will continue to do so under new ownership. The mine awarded eight new bursaries in 2019 and provided 30 job attachmentstechnical to and university graduates. Seven students employed were as part the of mine’s graduate development programme. Its Dependent Educational Support Programme provided financial assistance 26 dependentsto Rössing of employees. Skills development at the staff level managementinvolved courses for supervisors and financial assistanceto 34 employees pursuing degrees through correspondence. Priority areas for community engagement and support focused on safety, environment, wellness and economic development. With regard safety, due to the highto number accidents of and fatalities on national roads, off-site driving initiatives supported, were including Kalahari the Trans Joint Law Enforcement operations on the national B2 road Swakopmund into and Bay. Walvis The removal containing rooves of asbestos in Arandis continued, which is scheduled for completion in 2020. A desert agriculture feasibility study was conducted for the Dreamland garden project in Arandis. In terms education, of sponsorships made were a number to schools of for annual giving prize in the Erongo region. Rössing also heeded the call assist to Government Drought with Relief, and made financial a donationtheto National Emergency Disaster Fund through the Chamber Mines of Namibia of Rössing continued be the to main sponsor the of Rössing Foundation, providing financial technicaland supportvariousto projects. Major environmental monitoring and control upgrades which began in 2018 continuedwere in 2019. The re-drilling additional of monitoring boreholes was completed and progressive rehabilitation opportunities for reviewed were inclusion in the Rehabilitation and Closure Plan. Rössing engaged various with stakeholders efforts initiate to sustainabletowards environmental management in areas management, waste of biodiversity and rehabilitation. Some these of included a donation redundant of materials from the vocational mine to site technical in use programmes. training for institutions PRODUCTION EXPLORATION SAFETY LABOUR RELATIONS EDUCATION AND SKILLS COMMUNITY RELATIONS ENVIRONMENT REVIEW OF COMPANIES IN 2019 | OPERATING COMPANIES
SALT & CHEMICALS(Pty) Ltd. Salt & Chemicals (Pty) Ltd. produces coarse salt at Walvis Bay through solar and wind evaporation for export to South Africa as well as other international markets. The coarse salt is also refined, beneficiated, marketed and distributed at Salt and Chemical’s sister companies, the Walvis Bay Salt Refiners and Ekango Salt Refiners.
2019 HIGHLIGHTS • Completed construction and successful commissioning of the new salt processing plant. • 5% Namibian BEE Shareholding in Salt & Chemicals process was concluded. • Maiden trial shipment of chemical grade salt was sent to Canada.
OUTPUT DETAILS
TONNES OF RAW SHAREHOLDERS MINES IN NAMIBIA SALT HARVESTED Walvis Bay Salt Holdings 85% Walvis Bay salt pan (ML 37) 901,797 EVI Mining Company 4.61% DATE OF PRODUCTION START Thike Pamwe Investments CC EMPLOYEES 1964 4.61% PERMANENT TEMPORARY Zantang Investments 0.8% EMPLOYEES EMPLOYEES SAFETY RATING AT END 2019 AT END 2019 AT END 2019 K.B. Black 3.93% NOSA 4 Star 45 2 S Esau 1.05% 49 AFFIRMATIVE ACTION PLAN chamber CONTRACTORS EXPATRIATE RELATED OPERATIONS IN Approved EMPLOYED IN EMPLOYEES NAMIBIA 2019 AT END 2019 (Pty) Ltd. BURSARIES AWARDED of Walvis Bay Salt Refiners mines 30 0 (Pty) Ltd. IN 2019 Ekango Salt Refiners 2 of namibia FINANCIAL
FINANCIAL YEAR EXPLORATION EXPORT LEVY PAID IN LOCAL 1 January – 31 EXPENDITURE IN 2019 2019 PROCUREMENT December Nil n/a SPEND IN 2019 N$47.5 million TURNOVER IN 2019 PROFIT IN 2019 DIVIDENDS PAID IN N$353.6 million Nil 2019 EXPENDITURE ON Nil CSR IN 2019 WAGES & SALARIES CORPORATE TAX N$983,148 PAID IN 2019 PAID IN 2019 TOTAL N$36.8 million Nil PROCUREMENT EXPENDITURE ON SPEND IN 2019 TRAINING AND SKILLS FIXED INVESTMENT DEVELOPMENT IN ROYALTIES PAID IN N$52.2 million IN 2019 2019 2019 N$13 million N$2.1 million N$249,682
CONTACT Managing Director: Mr. Andre Snyman DETAILS postal address P.O. Box 2471 • Walvis Bay • Namibia telephone +264 64 209 635 email [email protected] website www.wbsalt.com chamber of mines of namibia 50 | REVIEW OF COMPANIES IN 2019 . In this vein, WBSH sponsored the National OPERATING COMPANIES OPERATING in which the company provided re-usable sanitary pads female to Raw saltRaw production was 15% lower than production targets due low to evaporation rates, whichwas caused rising by sea-water levels. Higher sand ingress and rising spring tides also negatively impactedproduction. Despite the poor performance salt raw of harvested, a new salt plant was successfully constructed and commissioned, which improves efficiencies and will expand refined salt production. The harvest and haul fleetare beingoptimised to lower costs and increase availability. An environmental assessment was conducted for the potentialbeneficiation of used crystalliser brine extract to sulphur potassium, of magnesium and bromine salts. The environmental screening revealed negative impacts for all compounds and minerals, for bromine. except As such, feasibility bromine of production is being investigated. Bay SaltWalvis Holdings (WBSH) sufferedfour LDIs in 2019,the same number as recorded in 2018, an with LDIFR 1.02. of Irresponsible actions and unsafe behaviour remain the biggest challenge maintain to and a safe site reduce incidents and injury. Certainrisks, previously under rated, reclassified were as having a higher potential impact. Despite a restructuring in the exercise production department, labour relations remained stable in 2019. Regular employee feed-back sessions helped assess to staff and business challenges. Mission directed meetingswere heldto facilitate bi-lateral communication between management and employees. Bay SaltWalvis Holdings adopted a unique approach skills to development, and initiated a Lean Six Sigma working group that assesses inefficiencies in the business.Thirty-one employees subscribed were the Gemba to academy. Apprenticeships and internships offered were to a number of students,the with aim capacitating of them pursue to further career opportunities at WBSH. The focus key and theme corporate of social initiatives was ‘The development of the Namibian Child on a national basis’ Maths Science and Education Week for close 300 to secondary school teachers from all regions develop to their skills. The company sponsored the transport for special needs children attending the Bay Child Walvis and Care Family Centre as well as the annual coastal cricket week. WBSH launched its very empower to initiative own young girls, called “keep-a- girl-in-school,” scholars that are 12 years old. In 2019, an application was submitted for a mine wide asbestos removal plan, and was accepted the Ministry by Health. of Asbestos removal from will the take site place the over next years. few WBSH was represented on the Chamber Mines of Environmental and Social Committee, driving advocacy for targets and goals to be endorsed industry. by WBSH also provided input MME’s into draft National Mine Closure Framework. Environmental impact management concentrated on hydro-carbon clean-ups and minimising such spillages. 46 of A total cubic metres was removed and appropriately public discharged. complaints Two received, were which investigated were and feedback was provided. SAFETY LABOUR RELATIONS EDUCATION AND SKILLS COMMUNITY RELATIONS ENVIRONMENT PRODUCTION REVIEW OF COMPANIES IN 2019 | OPERATING COMPANIES
SKORPION ZINC(Pty) Ltd. Skorpion Zinc (Pty) Ltd’s (SZ) Open pit mine and Namzinc Refinery produces Special High Grade (SHG) Zinc for export to world markets.
OUTPUT DETAILS
TONNES OF SPECIAL HIGH- SHAREHOLDERS LATEST ESTIMATE OF GRADE ZINC Vedanta Resources plc through LIFE OF MINE 67,295 its subsidiary company Vedanta 2020 Limited (100%) EMPLOYEES EPLs AT END OF 2019 RELATED OPERATIONS IN EPL 2229 EPL 4608 PERMANENT TEMPORARY NAMIBIA EPL 5261 EPL 5262 EMPLOYEES EMPLOYEES Skorpion Mining Company (Pty) Ltd EPL 5263 EPL 5264 AT END 2019 AT END 2019 Namzinc (Pty) Ltd EPL 5283 409 36 SAFETY RATING AT END 2019 CONTRACTORS EXPATRIATE MINES IN NAMIBIA 51 VSAP EMPLOYED IN EMPLOYEES Skorpion Zinc Mine, chamber 2019 AT END 2019 ML 108 and ML 127 AFFIRMATIVE ACTION PLAN 1,036 15 Approved
DATE OF PRODUCTION START of
mines Skorpion Mining Company, 2002 BURSARIES AWARDED of Namzinc, 2003 IN 2019
namibia Nil FINANCIAL
FINANCIAL YEAR EXPLORATION EXPORT LEVY PAID LOCAL 1 April – 31 March EXPENDITURE IN 2019 IN 2019 PROCUREMENT N$ 1 million N$6.8 million SPEND IN 2019 TURNOVER IN 2019 N$646 million N$2.437 billion LOSS IN 2019 DIVIDENDS PAID N$379.6 million IN 2019 EXPENDITURE ON WAGES & SALARIES Nil CSR IN 2019 PAID IN 2019 CORPORATE TAX N$4.26 million N$350 million PAID IN 2019 TOTAL Nil PROCUREMENT EXPENDITURE ON FIXED INVESTMENT SPEND IN 2019 TRAINING AND SKILLS DEVELOPMENT IN IN 2019 ROYALTIES PAID IN N$1.142 billion 2019 N$13.5 million 2019 N$12.5 million N$3.03 million
CONTACT General Manager: Mr. Irvinne Simataa DETAILSV postal address Private Bag 2003 • Rosh Pinah • Namibia telephone +264 63 271 2380 fax mile +264 63 271 2380 email [email protected] website www.vedanta-zincinternational.com chamber of mines of namibia
52 | REVIEW OF COMPANIES IN 2019 OPERATING COMPANIES OPERATING Special High-Grade Zinc production increased 12% by from 65,993 tonnes in 2018 tonnes 67,925 to in 2019. Despite the slight increase, mining challenges encountered the over year negatively impacted overall production. These included a 14-day strike in February 2020, and mineslope failures that occurred in May 2019 resulting in the immediate suspension mining of activities for an extended period time. of Subsequently,substantial a ore gap transpired and the refinerywas shut-downfor a periodof two months from mid-November 2019. Exploration activity target involved generation on the Gariep belt and soil geochemical surveys that conducted were on licences in a northern part Namibia.of fatalitiesZero reported were during in 2019. the period, However, of a total reported were LTI’s six which resulted in 108 lost of days time. Fortunately, all employees fully recovered from their injuries and returned work. to achieved SZ 67% during the Vedanta VSP Audit which is an improvement from the 2018 audit. The company experienced oneillegal contractors strike by in February 2019 due allegationsto unfair of treatment the contracting by company. This resulted in 14 lost production. of days As a result the of LoM and production challenges, Voluntary separation packages offered were to all Skorpion Zinc employees in October 2019 which was accepted 64 by individuals. Another challenge for Skorpion Zinc was the high turnover professional of and experienced personnel. The temporary shut-down the of refineryresulted in a production and holiday, employees these of operations sent were home on a salary. reduced maintainedSZ its self-study assistance scheme allowing employees enrol to for courses their of choice and apply for assistance from the company. For the reporting continued SZ year, its social commitment its host towards communities in an effortto uplift and livelihoods. improve Education continuedto be the biggest target area through which invested SZ N$2 million that supported four schools in Rosh Pinah, the Regional Science and Fair a pre-school in Aus, which benefittedover 2,000 students. alsoSZ partnered the with SOS Childrens’ Village in Namibia centres that have in Windhoek, and Ondangwa Tsumeb and directly support 300 children. SZ sponsored school uniforms all three to centres and provided financial supportto a house within the Windhoek SOS village. onceSZ again partnered the with Namibia Football Association and (NFA) sponsored the Under SZ 17 Soccer Tournament and Women SZ the NFA League. Super In the area health, of continued SZ its with flagship dental campaign, in partnership the with Ministry Health of and Social Services and Dentists Without Limits Foundation. The outreach programme benefits some 2,000 individuals from Aus, Rosh Pinah and Oranjemund in which they receive oral health care services and education on oral hygiene. madeSZ a donation the two towards socio-economic development projects in non-mining regions Namibia, of under the Chamber Mines of Joint CSR Initiative. No major Environmental incidents reported were in 2019 and all operational permits including environmental clearance certificateswere maintained as per requirements. EXPLORATION SAFETY LABOUR RELATIONS EDUCATION AND SKILLS COMMUNITY RELATIONS ENVIRONMENT PRODUCTION REVIEW OF COMPANIES IN 2019 | OPERATING COMPANIES
SWAKOP URANIUM(Pty) Ltd.
Swakop Uranium (SU) represents a partnership between the Republic of Namibia, represented by Epangelo Mining Company and China General Nuclear of the People’s Republic of China. The Company completed the construction of its world class uranium Husab mine, located near Swakopmund on the west coast of Namibia and is gearing up to become one of the largest uranium mines in the world.
2019 HIGHLIGHTS • Substantial reduction in the number of injuries per month, from the second half of 2019. • Achieved 6% improvement on the plant throughput rate. • Plant operating time was increased to 643 hours in 2019, resulting in a 12% year-on-year increase in production. • Three-year wage agreement signed with MUN. • Completed 1st major export to Europe
OUTPUT DETAILS TONNES OF URANIUM OXIDE SHAREHOLDERS EPLs AT END OF 2019 4,010 China General Nuclear 90% EPL 3439 Epangelo Mining Company 10% EPL 3138 EMPLOYEES MINES IN NAMIBIA SAFETY RATING AT END 2019 PERMANENT TEMPORARY Husab mine ML 171 NOSA 3 Star EMPLOYEES EMPLOYEES OHSAS 18001 AT END 2019 AT END 2019 DATE OF PRODUCTION START ISO 14001 53 ISO 9001 chamber 1,578 132 Fourth quarter of 2016 CONTRACTORS EXPATRIATE LATEST ESTIMATE OF AFFIRMATIVE ACTION PLAN
EMPLOYED IN EMPLOYEES of Pending LIFE OF MINE mines 2019 AT END 2019 2036 500 26 BURSARIES AWARDED of IN 2019 namibia 2 FINANCIAL
FINANCIAL YEAR EXPLORATION EXPORT LEVY PAID IN LOCAL 1 January – 31 EXPENDITURE IN 2019 2019 PROCUREMENT December N$1.5 million N$17 million SPEND IN 2019 N$3.837 billion TURNOVER IN 2019 PROFIT IN 2019 DIVIDENDS PAID IN N$6.328 billion N$337 million 2019 EXPENDITURE ON Nil CSR IN 2019 WAGES & SALARIES CORPORATE TAX N$1.7 million PAID IN 2019 PAID IN 2019 TOTAL N$889 million Nil PROCUREMENT EXPENDITURE ON SPEND IN 2019 TRAINING AND SKILLS FIXED INVESTMENT DEVELOPMENT IN ROYALTIES PAID IN N$4.669 billion IN 2019 2019 2019 N$150 million N$225 million N$9.5 million
CONTACT Chief Executive Officer: Mr. CAI Yusheng and DETAILS Chief Operations Officer: Mr. Angula Kalili
postal address Private Bag 8667 • Windhoek • Namibia telephone +264 64 410 9000 fax mile +264 64 410 9001 email [email protected] website www.swakopuranium.com chamber of mines of namibia 54 | REVIEW OF COMPANIES IN 2019 Annual Husab Marathon, the with objective th OPERATING COMPANIES OPERATING to promote healthto and wellness among employees and the greater community. focusA key area for 2019 was continual improvement the of integrated management systems during the ramp-up phase. A major achievement was the installation a windbreaker of for the sulphur stockpile in the processing plant and investigations improving into dust suppression measures. The biophysical monitoring network was expanded, and additional biodiversity studies were carried out. UraniumSwakop received approval for all infrastructure of ECC’s and related changes the overarching to Husab EMP. During 2019, Uranium Swakop continued interact to industry with attending by various meetings and forums, raise to awareness and discuss environmental issues. This included the Namibian Uranium Institute (NUI) working group meetings and the Chamber Mines of Environmental and Social Committee meetings. The NUI working groups also include discussions the with local community in the and Swakop Khan Rivers. The sporadic supply remained water of the biggest external challenge affecting production and ramp-up activities in 2019. Interruptions in supply water resulted lostin 24 production days. Production also were days affectedtheby lapsed Continuous agreement Operations between (Contops) Uranium Swakop and MuN. The operationalteam continued ramp to up production and eliminated the remaining bottlenecks associated engineering with and construction such of a large processing facility. Constant improvement remains an on-going objective for the mine reach to its nameplate capacity and uphold safety practice whilst optimizing the operational cost. SU completed its firstexport Europe,to Comurhex in France, significant a milestonefor the mine in 2019. Exploration activities focused on the Pizzaro prospect situated within EPL 3439. Geological mapping was conducted a larger over area two of square kilometres, which indicated alaskite-hosted uranium mineralisation. Further drilling existing of holes was carried out and confirmed mineralisation. The encouragingresults warrants further drilling in the future. SU experienced LDIs’ seven in 2019, an increase from the three LDIs recorded in 2018. A fatigue management system was introduced on the haul trucks monitor to and the improve alertness the of operators. Labour relations amicable were in 2019 and all issues resolved were the to mutual benefitof both parties. An unprotected strike involving health and safety occurred early in 2019, and was peacefully resolved without court intervention. The negotiations regarding exemptions and application for Contops status was also finallyresolved. The mine signedthree-year a wage agreement with MUN, running from 2020 2022. to The agreement was concluded in a record time of threefour to days. SU supported national skills development in mining related fieldsawardingby two new bursaries and provided a number students of industrial with internships. The mine also employed new graduates through its graduate programme. SU provided financial assistanceto employees pursuing degreesthrough correspondence. Skills development within the SU workforce was carried out through internal and external courses on various aspects and technical training to operators. Uranium,Swakop through the Uranium Swakop Foundation, contributed to the improvement various of communities in Namibia, particularly in the Erongo Region where operates. it Following the Emergency of State as declared the by President in 2019, the through company, the Chamber Mines, of made a financial donation the Emergency to Disaster assist Fund to Government drought with relief efforts. The Foundation supported a number community-based of initiatives. This included a donation an of Industrial Electric generator supply to electricity to a clinic and school in a local community, and financial supportto a parentless student, from the Havanna Informal Student in Windhoek, who is pursuing a degree in Medicine. SU assisted NAMPOL in effortsto combat crimeby financing repairs vehicles. to The Company successfully held the 5 ENVIRONMENT ENVIRONMENT PRODUCTION EXPLORATION SAFETY LABOUR RELATIONS EDUCATION AND SKILLS COMMUNITY RELATIONS REVIEW OF COMPANIES IN 2019 | OPERATING COMPANIES
UIS TIN MINING COMPANY (Pty) Ltd. AfriTin Mining Namibia is redeveloping the old Uis Tin mine through the Uis Tin Mining Company. The company is adopting a phased approach to rejuvenate the mine, with revenue generated in each phase to fund future expansion. At present, AfriTin has an off-take agreement with Thailand Smelting and Refining company to which it is exporting tin concentrate.
2019 HIGHLIGHTS • Production of first tin concentrate • First shipment of tin concentrate in November 2019
OUTPUT DETAILS TONNES OF TIN SHAREHOLDERS EPLs AT END OF 2019 CONCENTRATE AfriTin Mining Namibia 100% EPL 5445 7 EPL 5670 MINES IN NAMIBIA EMPLOYEES ML 134, Uis tin mine SAFETY RATING AT END 2019 PERMANENT TEMPORARY ML 133 & ML 129, Uis tin project None EMPLOYEES EMPLOYEES AT END 2019 AT END 2019 DATE OF PRODUCTION START AFFIRMATIVE ACTION PLAN 58 5 November 2019 Submitted 55 CONTRACTORS EXPATRIATE LATEST ESTIMATE OF
chamber BURSARIES AWARDED EMPLOYED IN EMPLOYEES LIFE OF MINE IN 2019 2019 AT END 2019 2040 Nil of 58 Nil mines of namibia FINANCIAL (no information available as the mine was being commissioned)
FINANCIAL YEAR EXPLORATION EXPORT LEVY PAID IN LOCAL 31 January – 1 February EXPENDITURE IN 2019 2019 PROCUREMENT N$16 million No info SPEND IN 2019 TURNOVER IN 2019 No info No info PROFIT IN 2019 DIVIDENDS PAID IN No info 2019 EXPENDITURE ON WAGES & SALARIES No info CSR IN 2019 PAID IN 2019 CORPORATE TAX Nil No info PAID IN 2019 TOTAL Nil PROCUREMENT EXPENDITURE ON FIXED INVESTMENT SPEND IN 2019 TRAINING AND SKILLS DEVELOPMENT IN IN 2019 ROYALTIES PAID IN No info 2019 N$120 million 2019 No info Nil
CONTACT General Manager: Mr. Ralf Schommarz DETAILS postal address P.O. Box 30 • 4th Ave. East 4th Ave. East • Namibia telephone +264 81 124 7395 email [email protected] website www.afritinmining.com chamber of mines of namibia 56 | REVIEW OF COMPANIES IN 2019 OPERATING COMPANIES OPERATING A contractor was appointed commence to mining with activities in 2019. Upon completion construction of work and rehabilitation the of Uis mine pits, the company commissioned the Phase 1 Pilot Plant, while conducting further test production. improve work to The firsttin concentratewas produced thein fourth quarter 2019, of first with shipmentto Thailand Smelting and Refinery company in TheNovember. company is ramping up operations with produce to 65 tonnes of tin concentrate per month, while work is on-going performance improve to the of pilot plant. Significant progresswas made in addressingthe water and electricity requirements for the Phase 1 Pilot Plant and Phase production. 1 of Three boreholes equipped were and are currently supplying the processing to water plant. The company concluded an agreement Nampower with supply to the processing plant power with via a newly installed 66KV line and substation. a site Backup in the form diesel of power, generating sets, also were installed in 2019. Exploration for the Phase 1 project was concluded confirming historicalresources theof Uis tin mine, consisting 72 of million tonnesore of an with average grade 0.134%of A baseline risk assessment was conducted identify to safety threats and hazards, through which a sound safety systemwas established. Further safety initiatives identifiedwere to safetyimprove the at mine. The operation sustainedLTI in one 2019 during a plant maintenance operation. Process plant operators consulted were onplant shifts, while an application was submitted run to the plant on a Continuous Operation the Status to Ministry Labour. of The Mine Workers Union Namibia of (MUN) approached Uis Tin Mining Company register to employees as members the of union, and further negotiations on the Recognition and Procedural Agreement will commence in 2020. As part its of phase one operations, the company initiated an internship programme which accommodated four students in 2019 on a short-term basis. The investment AfriTin by has played a huge role in kick-starting economic activity in Uis and surrounding communities, mainly through direct and in-direct job creation. The recruitment process for Phase preference 1 gave individuals to from the local Uis community. Uis Tin Mining Company continues support to small-scale miners purchasing by tin concentrate from their operations. A base line environmental risk assessment was conducted, and environmental monitoring was ongoing in 2019. specific Site EIAswere carried outfor the new 66 KV power line the process to plant and the substation. EXPLORATION SAFETY LABOUR RELATIONS EDUCATION AND SKILLS COMMUNITY RELATIONS ENVIRONMENT MAIN ACTIVITIES IN 2019 REVIEW OF COMPANIES IN 2019 | OPERATING COMPANIES NAMDEB HOLDINGS(Pty) Ltd. Namdeb Holdings is 50% owned by the Government of the Republic of Namibia and 50% by De Beers. Namdeb Holdings is the holding company for Namdeb and Debmarine Namibia, with a 100% shareholding in each. Namdeb Holdings has long-term mining concessions in the south west of Namibia both on land and offshore, adjacent to the Orange River and offshore in the shallow waters. Namdeb Diamond Corporation is the exploration and the mining operator for all land-based licences of Namdeb Holdings, while Debmarine Namibia is the operator for deep off shore mining licences.
DETAILS
SHAREHOLDERS CONCESSIONS IN NAMIBIA De Beers 50% Orange River (ML 42) Nambian Government 50% Mining Area 1 (ML 43) Bogenfels (ML 44) WHOLLY OWNED SUBSIDIARIES Elizabeth Bay (ML 45) De Beers Marine Namibia (Pty) Ltd., Douglas Bay (ML 46) trading name: Debmarine Namibia Atlantic 1 (ML 47) Namdeb Diamond Corporation (Pty) Ltd. Midwater (ML 128 A, B and C)
DATE OF PRODUCTION START 57 GRN DE BEERS GROUP chamber Mining Area No 1, 1928 Orange River, 1990 NAMDEB HOLDINGS Atlantic 1, 1990 of Elizabeth Bay, 1991 mines Daberas, 1990 NAMDEB DBMN
Bogenfels, 2007 of
Sendelingsdrif , 2015 namibia
FINANCIAL (Some of the information was not available as the mine as being commissioned)
FINANCIAL YEAR EXPLORATION EXPORT LEVY PAID IN EXPENDITURE ON 1 January – 31 EXPENDITURE IN 2019 2019 (BY NDTC) CSR IN 2019 December N$7.2 million N$125.5 million n/a TURNOVER IN 2019 CORPORATE TAX TOTAL EXPENDITURE ON N$12. 054 billion PAID IN 2019 PROCUREMENT TRAINING AND SKILLS N$1.334 billion SPEND IN 2019 DEVELOPMENT IN WAGES AND n/a 2019 SALARIES IN 2019 ROYALTY TAX PAID IN n/a N$1.998 billion 2019 LOCAL N$1.205 billion PROCUREMENT FIXED INVESTMENT IN SPEND IN 2019 2019 n/a N$2.013 billion CoM Annual Review 2019 chamber of mines of namibia 58 58 )
namibia samicor
( ll ( ) LOCAL PROCUREMENT SPEND IN 2019 Samicor employs a exploration for contractor and mining, and do not accesshave their to financials. Nil EXPENDITURE ON TRAINING & SKILLS DEVELOPMENT IN 2019 Nil EXPENDITURE ON CSR IN 2019 SECTION HEADING X | CHAPTER X AT END OF 2019s AT ML 191, EPL 5285 phosphates EPL EPL 3946 LL Namibia Phosphates SAFETY END 2019 RATING AT None PLAN ACTION AFFIRMATIVE Approved BURSARIES AWARDED IN 2019 None NEW AND PENDING PENDING AND NEW APPLICATIONS ML 36G, EPL 5063 ) ) OPERATING COMPANIES | REVIEW | COMPANIES OF COMPANIESOPERATING IN 2019 samicor phosphates
( EXPORT LEVY IN PAID 2019 N$ 1.3 million IN PAID DIVIDENDS 2019 Nil PROCUREMENTTOTAL SPEND IN 2019 Samicor employs a exploration for contractor and mining, and do not accesshave their to financials. P.O. Box 3498P.O. • Windhoek • Namibia [email protected] +264 61 386 100
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ML 159 DETAILS SHAREHOLDERS (85%) Atligo Epangelo Mining (8%) Longlife Mining (4%) National Service Youth (2%) (1%) Employees RELATED OPERATIONS IN NAMIBIA LL Namibia Phosphates Mining Diamond Samicor Namibia Diamonds LLD NAMIBIA IN MINES ML 36A-J ML 103A ML 163 ML 164 & ML 51 Chief Executive Officer:Mr. Eli Nefussy postal telephone email website
in the production of fertiliser maintenance out carried and operations on their state-of-the- plant. demonstration art LL NAMIBIA PHOSPHATES (FERTILISER PROJECT) LL Namibia Phosphates is still waiting for Government’s environmental on clarification clearances for mining. In the meantime, the project however, team tested new technologies N$188.5 million PROFIT/LOSS IN 2019 N$4.23 million CORPORATE PAID TAX IN 2019 Nil IN PAID ROYALTIES 2019 N$8.8 million EXPLORATION EXPLORATION EXPENDITURE IN 2019 AT END 2019AT 0 EXPATRIATE EMPLOYEES 0 TEMPORARY EMPLOYEES END 2019AT CONTACT DETAILS
65 11 CONTRACTORS EMPLOYED IN 2019 OUTPUT CARATS 113,520 EMPLOYEES PERMANENT EMPLOYEES END 2019AT FIXED INVESTMENT IN 2019 Nil WAGES & SALARIESWAGES INPAID 2019 N$2 million TURNOVER IN 2019 N$ 106.6 million FINANCIAL YEARFINANCIAL 1 January – 31 December FINANCIAL geophysical exploration on on exploration geophysical MiningLicences define to future areas.mining Samicor produced 113,520 carats in2019 through its appointed The miner. diamond contractor contractor also continued with SAMICOR DIAMOND DIAMOND SAMICOR MINING MAIN ACTIVITIES IN 2019 CORPORATION Samicor its company through Mining Corporation, Sakawe of Namibia. coast diamonds off the Diamond Mining mines it Namibia Phosphates, LL its other company, Through from mined using phosphates fertilisers produce plans to north of Lüderitz. coast off the a marine deposit SAKAWE MINING SAKAWE P.O. Box 80363P.O. • 45 Mandume Ndemufayo Ya Street www.bannermanresources.com.au [email protected] +264 64 416 200 + 264 64 416 240
2019 the programme targeted the Kavango West and Kunene Region. date more than To 2,600 scholars receivedhave assistance via the scheme. Bannerman remains an active member of the Erongo Development Foundation (EDF), through which it managed a programme that assisted four entrepreneurs to expand their businesses providing by additional equipment, marketing material and skills training. Thecompany is also managing an EDF supported apprentice that is receiving on the job training at Rössing Uranium. Bannerman also supports other community initiatives such as Project Shine, which is a Municipality initiative cleanto up the surrounding areas of Swakopmund, Children with Handicaps Action in Namibia and Tosco, conservation supporting organisation profit not-for a through tourism. Several areas that were damaged in the Namib Naukluft Park due illegal to off-road drivingwere Additional team. Bannerman the by rehabilitated signage and barriers were set-up in the park. Bannerman continued grade to a section of the moon land-scape park road, giving tourists a better experience of this area. Current Mineral Deposit Retention Licence 3345 MDRL
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Swakopmund • Namibia • Swakopmund fax email website Managing Director: Werner Mr. Ewald postal telephone CONTACT DETAILS
DETAILS Etango Project Current Exploration Licence EPL 3345 BANNERMAN MINING RESOURCES NAMIBIA In 2019, Bannerman maintained its track record in terms of safety performance and celebrated nine years in existence without a single LDI. Themain activity for the year was reconnaissance drilling on EPL 3345. The results confirmed a satellite deposit on the licence, and the potential of additional ore-feed located seven kilometres from the proposed Etango project. The amendment of EPL 3345 to include base and rare metals, industrial minerals and precious metals was approved in 2019. Exploration work will commence in 2020 test to prospective areas for the additional minerals. Further test work is planned for the Heap Leach Demonstration plant in 2020, specifically focusing on the use of ion exchange and nano-filtration as part of the Etango processing plant flow-sheet. There were no labour related issues in the company. Bannerman’s radiation Safety Officer completed the Radiation Safety Officer courses II and III at the Namibia Uranium Institute (NUI). Assistance Learner Early its continued Bannerman Scheme in Partnership with the Ministry of Education, Arts and Culture for the ninth consecutive In year. MAIN ACTIVITIES IN 2019 CHAPTERREVIEW | SECTION OF COMPANIES COMPANIES IN2019 | EXPLORATION 59 59 CoM Annual Review 2019 chamber of mines of namibia CoM Annual Review 2019 chamber of mines of namibia 60 60 SECTION HEADING X | CHAPTER X
P.O. Box 81301P.O. • Olympia • Windhoek• Namibia www.celsiusresources.com.au [email protected] 8 Brandberg Street • Windhoek North +264 61 225 826 +264 61 225 304
be the focus of the company’s activities in 2020. Drilling was also conducted on theOpuwo Lineament targets, consisting of 12 RC holes, totalling a length of 2,604 metres. The results confirmed low-grade sediment-hosted base metal mineralisation. the At Chirumbu Gold-Copper project, systematic rock chip sampling was carried out. The assays delivered 13 samples with mineralisation of gold above 1 gram per tonnes and 37 samples with copper at grades over 1%.The highest grade obtained ina grab sample was 56.9 gramme per tonne of gold. The project will be advanced in 2020 through re-interpretation of electromagnetic data and first drilling. Celsius supported the surrounding community by installing two water bore holes provide to residents with clean drinking The pre-school water. built by Celsius in Okondaurie in 2018 was further equipped with furniture, educational material and toilets. The EIA for the Pre-Feasibility Study (PFS) was started in 2019 with specialist studies and public meetings. The following specialist studies on air quality, groundwater, noise, archaeology, flora, fauna, invertebrates, socio-economic and visual impacts were completed. Current Exploration Licence EPL 4346 EPL 4351 EPL 4540 EXPLORATION COMPANIES | REVIEW | COMPANIES OF COMPANIESEXPLORATION IN 2019
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website fax email Project Director: Pine Mr. van Wyk postal physical telephone Ltd. CONTACT DETAILS CELSIUS RESOURCES Celsius Resources is aiming define to a long-life, reliable source of conflict-free cobalt at Opuwo. The company owns 95% of the Opuwo Cobalt project, which is situated in the Kunene Region. Its Namibian contractor, Gecko Exploration, is managing and conducting all exploration work and related activities on the project. Despite the poor performance of the cobalt price in 2019, Celsius Resources continued with significant exploration for the year in This review. consisted of almost 5,650 metres of exploration and resource expansion drilling at the DOF Cobalt Project. Drilling of the Northwest Anticline area Target returned very positive results in terms of thickness, grade and geometry of the sediment-hosted orebody. The deepest hole was drilled a depth to of 1,204 metres, intersecting a 6.35 metres zone of mineralisation at grades of 0.15% cobalt and 0.55% copper. Celsius continued the metallurgical test work on the cobalt ore, which included flotation,roasting and extractive leaching. The test work was aimed at verifying assumptions made in the Scoping Study about metal recovery using by conventional sulphating roast techniques. Intense metallurgical test workwill MAIN ACTIVITIES IN 2019 DETAILS Opuwo Cobalt Project exploration was alsocarried out on the Olulilwa Manganese project in Kaokoveld. Gecko enjoyed sound labour relations across all projects and subsidiaries. Gecko supported two interns at the central offices in Windhoek. Through significantly contributed company the operations, its theto local economy supporting by Namibian suppliers and communities. A borehole was also drilled at the Otjiwero School in the Kunene region, providing clean water for learners and teachers. The company compiled and corresponding EIA’s EMPs for all exploration and mining projects. All contractors and employees receive environmental training and briefings regularon a basis.At the Cape Cross salt project, long-term specialist studies and ongoing. are monitoring P.O. Box 8912P.O. • 10 Einstein Street Swakopmund • Namibia www.gecko.na [email protected] +264 64 425 350 +264 64 425 369
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Pending new licences EPL 4442 EPL 4449 6100 EPL 6101 EPL 6103 EPL 7194 EPL EPL 7195 EPL 7567 EPL 7568 EPL 7569 EPL 7570 ML 210 Salt) (Gecko website General Manager: Morne Mr. du Toit postal telephone fax email (Pty) Ltd.
CONTACT DETAILS
DETAILS Current Exploration Licence EPL 4185 EPL4426 EPL 4747 EPL 5046 Current Mining Licences ML 90 Flourspar) (Okorusu Pending licence renewals EPL 4153 EPL 4154 EPL 4167 GECKO GECKO NAMIBIA Gecko Namibia is a privately-owned company, 100 percent owned Namibians, by and has local affiliates in Gecko Salt, Gecko Limestone, Gecko Phosphate, Imerys Gecko Graphite, Namibia Rare Earths and Gecko Exploration. The Gecko group of companies holds a number of exploration licences, most of which are through JVs with Celsius Resources and Namibia Critical Metals, with its main focus on base metals and future critical minerals exploration. Gecko also owns two mining operations, Gecko Salt and the Okorusu Fluorspar mine, which commenced operations both in 2017, industrialproducing minerals. Through Gecko’s exploration company, activities were focused on the iron and magnetite mineralisation within the exploration licence at Okorusu. Extensive UPDATE OF ACTIVITIES FOR 2019UPDATE CHAPTERREVIEW | SECTION OF COMPANIES COMPANIES IN2019 | EXPLORATION 61 61 CoM Annual Review 2019 chamber of mines of namibia CoM Annual Review 2019 chamber of mines of namibia 62 62 SECTION HEADING X | CHAPTER X Floor • Dr Agostinho Neto Road • Ausspann Plaza nd Two technicalTwo consultants employed the by company received training on the Leapfrog Mining Software. In addition, a female geologist was provided infield training a highly by experienced geological consultant. The company adhered all to requirements and criteria for environmental monitoring, and rehabilitation, which which rehabilitation, and monitoring, environmental for was conducted on all affected areas. P.O. Box 12012P.O. • Windhoek • Namibia Ausspannplatz • Windhoek www.koporemetals.com [email protected] Unit 3, 2 +264 61 429 851 +264 61 429 855 EXPLORATION COMPANIES | REVIEW | COMPANIES OF COMPANIESEXPLORATION IN 2019
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fax email Project Director: Mr. Simon Jackson Simon Mr. Director: Project postal physical telephone website Current Exploration Licence EPL 7050 EPL 7051 EPL 7052 EPL 7053 EPL 7054 EPL 7055 EPL 7056 EPL 7624
Ltd. CONTACT DETAILS KOPORE KOPORE METALS licence,the Qembo Dome Prospect. The drilling results identified a potential subsurface domal structures and intersected copper mineralisation within 100 metres from the surface. Exploration on these areas are in its nascent phases, and the company plans conduct to Electro Magnetic Surveys and further drilling. Kopore Metals Limited is a publicly listed company on the Australian Securities Exchange (ASX:KMT), actively exploring and drilling its copper-silver projects on the emerging world class Kalahari Copper Belt, across the Republics of Botswana and Namibia. The company conducted maiden drilling on its main MAIN ACTIVITIES IN 2019 DETAILS KalahariTrans Copper Namibia lepidolite zone, and a zone dominated clusters by of dark lithium-bearing mica. All previous drilling was re-logged according these to domains. This greatly assisted in understanding the distribution of lithium mineralisation within thepegmatites, and the subsequent interpretation of mineralised domains, resulting in greater confidence resourcein classification. result,As a Lepidico reported Measured and Indicated Resources at Rubicon and Helikon of 8.87 million tonnes at a grade of 0.43% lithium oxide, which is sufficient to support a 14-year mining operation. Some geotechnical drilling was also conducted develop to a pit design. In response the to State of Emergency declared on the drought situation in Namibia, Lepidico Chemicals Namibia explored how it could directly assist Government in its efforts. Subsequently,Lepidico Chemicals Namibia installed two water off take points for resettled farmers on the Okongava farm, where the project itself is situated. P.O. Box 90898P.O. • Klein Windhoek • Windhoek • Namibia www.lepidico.com [email protected] +264 301 990
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email website Country Manager: Chris Mr. Movirongo Managing Director: Joe Mr. Walsh postal telephone (Pty) Ltd. CONTACT DETAILS
LEPIDICO LEPIDICO CHEMICALS NAMIBIA CHAPTERREVIEW | SECTION OF COMPANIES COMPANIES IN2019 | EXPLORATION MAIN ACTIVITIES IN 2019 In July 2019, ASX-listed Lepidico (ASX:LPD) Ltd completed the acquisition listed of TSX-V Desert Lion Energy Inc. As a result, Lepidico became the newmajority (80%) shareholder of Desert Lion Energy (Pty) Ltd, now re-named as Lepidico Namibia Chemicals (Pty) Ltd. Lepidico is a global lithium exploration and development company that is listed on the Australian Stock Exchange (ASX), with offices Canadain Toronto, and Perth, Australia. Lepidico’s unique point of difference in the lithium space is its proprietary processing technology, that L-Max® allows focusit to on lepidolite and other lithium micas, which are the dominant minerals at the Rubicon and Helikon pegmatites in the Karibib region of Namibia. Immediately on completion of the acquisition, Lepidico initiated a resource in-fill drilling programme over Rubicon and Helikon. This work comprised 86 diamond drill holes totalling 5,164 metres. Lepidico initiated a reinterpretation of the mineralisation within the pegmatites into three distinct types; high-grade massive lepidolite zone, lower-grade disseminated DETAILS Current Exploration Licence ML 204 EPL 5439 5555 EPL EPL 5718 63 CoM Annual Review 2019 63 chamber of mines of namibia CoM Annual Review 2019 chamber of mines of namibia 64 64 are a
TM U-upgrade SECTION HEADING X | CHAPTER X catalyst for Marenica expand to its project portfolio and seek similar exploration projects. The company is successfully exploring at Koppies (EPL 6987) in the Namib Desert. The drilling has delivered some outstanding results including a two- metre interval of 4,504 parts per million(ppm) of uranium oxide, within an intersection of 13 metres at 905 ppm of uranium oxide, and a one-metre interval of 7,060 ppm within an intersection of 3 metres at ppm.3,087 Marenica believes it can revolutionise Namibian surficial uranium processingreducingby processing capital and operating costs and making lower-grade projects much more competitive and financially viable. The cost reductions created by Pending renewal of licences EPL 7435 EPL 7508 EPL 7662 EPL 7803 EPL 8098 EPL 7278 EPL 7279 EPL 7368 EPL 7436 P.O. Box 90242 • KleinP.O. Windhoek • Windhoek • Namibia www.marenicaenergy.com.au [email protected] +264 81 653 1214 +61 8 6555 1816 EXPLORATION COMPANIES | REVIEW | COMPANIES OF COMPANIESEXPLORATION IN 2019
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email website Managing Director: Murray Mr. Hill postal telephone
Ltd. rejects more than 95% of the CONTACT DETAILS TM process. A Scoping Study on the TM . process has identifiedreduction a in is Marenica’s wholly owned intellectual TM TM TM U-upgrade U-upgrade DETAILS Current Exploration Licences 3287 MDRL EPL 3308 6663 EPL EPL 6987 MARENICA ENERGY U-upgrade capital and operating costs of approximately 50% compared the to conventional processes for these ore types. property that was developed on the Marenica Uranium project. U-upgrade Marenica Energy is an Ltd Australian listed exploration company with a strong focus on uranium exploration in Namibia, enabled through potential application of its patented breakthrough beneficiation process called U-upgrade MAIN ACTIVITIES IN 2019 mass utilising by commonly used and well understood beneficiation unit processes thatremove the non- uranium bearing minerals. Namibian calcrete hosted uranium ores are ideally suited application to of the JOGMEG is a Japanese Government organisation with the function ensure to a stable supply of minerals and energy fuels the to country. The strategic partnership with JOGMEG is a milestone further to develop the Lofdal project as the company aims to industry. Japanese the for earths rare heavy secure Previous surveys on the Okanihova Copper and Olulilwa base metals confirmed copper, cobalt, and manganese mineralisation respectively. In 2019, follow-up drilling was conducted yielding further positive results. The company has recently announced an important discovery of light rare earths mineralisation on its Kunene tenements. on reconnaissance with continued company The for projects Otjiwarongo and Grootfontein the base metals and gold. This work involved soil and calcrete geochemical surveys on various targets identified from interpretation of geophysical and geological data. EPL 6440 EPL 6561 EPL 6903 EPL 7115 Pending renewal of licences EPL 5773 EPL 5847 Pending new licences ML 200 EPL 5885 EPL 7132 EPL 7133 P.O. Box 31694P.O. • Pioneerspark • Windhoek • Namibia www.namibiacriticalmetals.com [email protected] +264 61 225 826
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telephone email website Chief Executive Officer:Mr. Pine van Wyk postal
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DETAILS and Kunene Grootfontein Earths, Rare Lofdal projects Copper-Cobalt Current Exploration Licences 3299 MDRL EPL 3400 EPL 3825 EPL 4347 EPL 5601 EPL 5773 EPL 5847 EPL 5885 5992 EPL EPL 6439 NAMIBIA METALS CRITICAL for 2020 double to the Mineral Resource and carry-out further metallurgical test work. Namibia Critical Metals, formerly known as Namibia Rare Earths, is a public company listed on the Toronto Stock Exchange, with a 42% shareholding Gecko by Namibia. The company operates in Namibia through Namibia Rare Earths (Pty) Ltd. Namibia Critical Metals completed a corporate transaction with Gecko Namibia in 2018 expand to operations in Namibia and now has a diversified project portfolio that is largely associated with high-tech and battery minerals. All of their exploration activities are carried out Gecko by Exploration, who employs an experienced technical team work to on the projects. Namibia Critical Metals continued with metallurgical test work on the Lofdal Heavy Rare Earths project, concentrating on the application of sorting technology. advance To this project, financing was secured from the Japan Oil, Gas and Metals National planned work significant with (JOGMEG), Corporation MAIN ACTIVITIES IN 2019 CHAPTERREVIEW | SECTION OF COMPANIES COMPANIES IN2019 | EXPLORATION 65 CoM Annual Review 2019 65 chamber of mines of namibia CoM Annual Review 2019 chamber of mines of namibia 66 66 SECTION HEADING X | CHAPTER X new bedrock gold anomalism for follow up in 2020. Regional sampling aimed at defining targets for drill monitor to continues company The ongoing. is testing and evaluate its environmental impact on licence side along rehabilitation on-going conducts and areas exploration activities. In terms of developing its employees, professional training was provided geologists to on geological techniques, while fieldtechnicians were taughtto use computer software and practical exploration techniques. Osino continued fund to a bursar pursuing a tertiary degree at UNAM and facilitated internships for new graduates. In 2020, the company intends carry to out drilling aimed at defining a maiden inferred Mineral Resource Estimate Hills while at Twin advancing other targets in the company’s target and prospect pipeline. EPL 6029 EPL 6076 EPL 6167 EPL 6734 EPL 6872 EPL 6953 EPL 7403 Pending renewal of licences None Pending new licences EPL 7361 P.O. Box 3489P.O. • Windhoek • Namibia www.osinoresources.com [email protected] 13 Feld Street • Windhoek • Namibia +264 61 246 588 +264 61 246 533 EXPLORATION COMPANIES | REVIEW | COMPANIES OF COMPANIESEXPLORATION IN 2019
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telephone fax email website Chief Executive Officer:Mr.Heye Daun postal physical CONTACT DETAILS DETAILS Current Exploration Licences EPL 3738 EPL 3739 EPL 5117 EPL 5196 EPL 5282 5533 EPL EPL 5563 EPL 5649 EPL 5658 EPL 5678 EPL 5880 EPL 5897 OSINO GOLD GOLD OSINO EXPLORATION Osino Resources Corp. is a Canadian company, which is focused on gold exploration in Namibia with the ultimate vision delineate to the country’s next significant gold deposit. The company’s licence holding covers approximately 5,000 square kilometres that consists of 19 exploration licences, situated in the Central and Northern regions of Namibia. Exploration efforts focusedare Twinon the recent Hills Discovery, while advancing the Goldkuppe and extension targets, along with further development of regional programs on the Karibib, Otjikoto East and Otjiwarongo projects, including new bedrock targets in the Otjikoto East area. Osino’s exploration activities in 2019 included the significant new discovery of a large gold mineralisation Hillssystem and at Twin associated targets on the Karibib project. Bedrock drilling was carried out on the Otjikoto East and Otjiwarongo projects defining MAIN ACTIVITIES IN 2019 • Swakopmund • Namibia • Swakopmund • t Intention refuse to received August 2019 intention refuse to received August 2019 EPL 4605 - JOINT VENTUREAUSSINANIS (RUN 85%, Epangelo Mining Company (Pty) Ltd (Epangelo) 5% and Oponona 10%) EPL converted into MDRL and granted January 2020 3498 MDRL Pending new licence applications EPL 6820 RUN AS MANAGER OF OPONONA INVESTMENTS (PTY) (OPONONA) LTD.’S TENEMENTS No further exploration potential EPL 4604 - P.O. Box 2538P.O. • Swakopmund • Namibia http://deepyellow.com.au/ [email protected] 48 Hidipo Hamutenya Stree +264 64 405 384 +264 64 415 200
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telephone fax email website Managing Director, Deep Limited: Yellow John Mr. Borshoff Exploration Manager, Reptile Mineral Resources and Exploration (Pty) KatrinLtd. Dr. Kärner postal physical CONTACT DETAILS
REPTILE MINERAL RESOURCES AND EXPLORATION REPTILE URANIUM NAMIBIA (PTY) (RUN) LTD OWNED(WHOLLY SUBSIDIARY) 100% RUN Omahola,Tumas, and Shiyela Iron & projects Licences EPL 3496 EPL 3497 ML 176 JOINTNOVA VENTURE – HELD IN NOVA ENERGY (NAMIBIA) (PTY) WITH RMR LTD MANAGER AS (RMR 65%; Nova Energy Africa Pty 25%; Ltd and Sixzone Investments 10%) (Pty) Ltd Japan Oil, Gas and Metals National Corporation (JOGMEC) is earning a 39.5% interest on expenditure of A$4.5M. Pending renewal of licences EPL 3669 EPL 3670 DETAILS CHAPTERREVIEW | SECTION OF COMPANIES COMPANIES IN2019 | EXPLORATION 67 CoM Annual Review 2019 67 chamber of mines of namibia CoM Annual Review 2019 chamber of mines of namibia 68 68 EXPLORATION COMPANIES | REVIEW | COMPANIES OF COMPANIESEXPLORATION IN 2019 Feasibility Study in early 2020, which is expected to be completed in the last quarter of 2020. Reconnaissance drilling on the Nova Joint Venture also yielded positive results, confirming uranium mineralisation in both palaeochannel and bedrock lithologies in the licence areas. RMR continued with skills development initiatives including on-the-job sessions and mentoring training led senior by expatriate technical specialists to build additional capacity at a local level. Training also included several external professional courses covering a range of technical, financial and health & safety topics. RMR Corporate Social Responsibility (CSR) investments weretargeted at early childhood empowerment community programmes, development through sport and promoting a sustainable environment. Together with a number of minor Mondesa for support financial included this projects, Opportunities,Youth Stepping Stone Special Education School and the Albertus Tsamaseb Boxing Academy. Importantly, as operators in the Namib Naukluft National Park, RMR sponsored research at the Gobabeb Training and Research Centre and provided refurbished signboards at the entrances to the Park. Lastly, RMR supported the joint industry CSR initiatives steered the by Chamber of Mines. continued engagement stakeholder Multi-level throughout the Amongst year. its activities on the environmental front, RMR rehabilitated drill sites and tracks on its EPLs, while regularly inspecting and monitoring the contractors’ drilling activities, Company The compliance. environmental ensuring also monitored illegal off-road activity andreported tracks as they were found, in additionencouraging to the use of low impact “fat” bikes for geological and geophysical ground surveys instead of quadbikes or vehicles, minimise to ground disturbance. A Scoping Study commenced in October 2019 and was completed in December 2019. The positive results of this study justified the commencement of a Pre- With the combined overall palaeochannel Tumas resource totalling 92.5 million pounds of uranium oxide at 303 parts per million over EPLs 3496/3497, the overall total surficial calcrete-related Mineral Resources across the Company’s Namibian projects, including the Aussinanis deposit on MDRL3498, have more thandoubled since 2017 110.5 to million pounds uraniumoxide.of An updated Mineral Resource Estimate for the 1 Tumas East deposit (Tumas 1 East), located within the Tumas Project, was completed during the period. Successful resource extension drilling resulted in a 34% increase in resource growth 1 East, at Tumas which resulted in an Inferred Mineral Resources of 24.8 million pounds of uranium oxide at 319 parts per million. Drilling results indicated have potential for further discovery that would significantly improve theoverall resource and grade of the project. The project team conducted an extensive review of the exploration results in July and August 2019 which demonstrated that, in the right economic circumstances for uranium, potential exists for the Project Tumas be to developed operation. mining a into Extensive exploration has delineated two additional uranium deposits, namely 3 and 1 East Tumas Tumas and expanded on others at RMR’s flagshipTumas Project, which shares similar characteristics with the Langer Heinrich deposit. MAIN ACTIVITIES IN 2019 Reptile Mineral Resources and Exploration (RMR) is part of the Deep Limited Yellow group of companies, a company incorporated in Australia and listed on the Australian Stock Exchange Markets (ASX), OTC Group in the USA and (OTCQX) the Namibian Stock Exchange (NSX). as well asothers through the ‘Offset Fund' and collected 68 samples, while 179.5 metres of trenching and logging was completed. Zhonghe Resources also successfully renewed its Environmental Management Plan in 2018 and rehabilitated all sites once exploration activities were concluded. Zhonghe supported consolidated industry CSR initiatives through its contribution the to Chamber Mines of through the Association of Chinese Enterprises in Namibia. They also donated six mobile toilets, hygiene kits and hand washing liquid combat to the spread of Hepatitis at the Havana Primary School in Windhoek. (Pty) Ltd. P.O. Box 40903P.O. • Ausspannplatz • Windhoek • Namibia +264 81 1460 670 [email protected] +264 61 221 713 +264 61 221 712
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fax email Managing Director: Mr. Zhao Xigang Zhao Mr. Director: Managing postal telephone mobile
CONTACT DETAILS DETAILS Current exploration licences EPL 3600 EPL 3602 Mining License 177 ML ZHONGHE ZHONGHE RESOURCES (NAMIBIA) DEVELOPMENT Zhonghe Resources is 58% owned China by National Uranium Corporation(CNUC) Limited, 21 percent owned Springbok by Investment (Pty) Ltd, and 21 percent owned Namibia-China by Mineral Resources Investment Development (Pty) Ltd. The Zhonghe Uranium project is situated between Usakos and Swakopmund. The company was awarded a mining license ML 177 on 30 November 2012, the by Minister of Mines and Energy which was successfully renewed in 2018. Together with its team of three permanent Namibian employees, four expatriates and six Namibian conducted Resources Zhonghe contractors, geophysical section surveys covering 6.32 kilometers MAIN ACTIVITIES IN 2019 CHAPTERREVIEW | SECTION OF COMPANIES COMPANIES IN2019 | EXPLORATION 69 69 CoM Annual Review 2019 chamber of mines of namibia CoM Annual Review 2019 70
KEY STATISTICS Page 73-82 Page
REFERENCESS Page 85 ABBREVIATIONS COMMITTEES Page 71Page 72 - & CHAMBER CHAMBER & CHAMBER CHAMBER MEMBERS Page 83-84 ANNUAL REVIEWANNUAL 2019 ANNEXURES Vocational Education and Training Special High Grade short 0.907 (equivalent ton to tonnes) Metric tonne InjuriesTotal Frequency Rate ouncetroy 31.104 (equivalent to g) University Namibia of Road Fund Administration Run Mine of Restricted Injury Day Work Southern Coastal Mine Namibia Training Authority Namibia Training Namibian Uranium Association Namibia Uranium Institute Namibia University Science of and Prefeasibility Study parts per million Public Relations Rotary Airblast Drilling Circulation Reverse National Occupation Safety Association ExchangeNamibia Stock Namibia Investment Promotion Act Namibia Institute Miningof and Technology New Equitable Economic Empowerment Organisation Non-Governmental Fifth National Development Plan Namibia Chamber Environment of Ministry Mines of and Energy Ministry Finance of Mineral Resource Estimate Medical Injury Treatment Mine Workers Union Namibia of Motor Vessel Commission Competition Namibia
st t TIFR troy oz UNAM VET ROM RWDI SCM SHG NUA NUI NUST Technology PFS ppm PR RAB RC RFA NSX NTA NOSA NIPA Framework/Bill Framework/Bill NGO NIMT NEEEF/B NDP5 MoF MRE MTI MUN Mv NACC NCE MME Ministry Environment of and Tourism Mining Association Southern of Africa Mining Licence Lost TimeLost Injury TimeLost Injury Frequency Rate Mineral Deposit Retention Licence Joint Venture Joint Value Addition Committee pound pound Injury Day Lost Injury Day Lost Frequency Rate Independent Power Producers Producers Power Independent International Standard Organisation Technology Information Exclusive ProspectingExclusive Licences Governance and Social Environmental, tonne per grams Government the of Republic Namibia of High Panel Level on the Namibian Economy Health, Safety, Environment Human Resources Environmental Investment Fund Environmental Management Plan DefinitiveFeasibility Study Disabling Injury Frequency Rate Electricity Control Board Environmental Clearance Certificate Clearance Environmental Environmental Impact Assessment All Injuries Frequency Rate Africa Mining Vision Australian Exchange Stock Study Feasibility Bankable Chamber Mines of Namibia of Corporation Uranium National China Chamber Committee Mines of Tax Corporate Social Responsibility
ABBREVIATIONS
MIASA ML LTIFR MDRL MET JVAC lb LDI LDIFR LTI ISO IT JV ESG g gram g/t GRN HLPNE HSE HR IPP EMP EPL DIFR ECB ECC EIA EIF AIFR AMV ASX BFS CoM CNUC CTC CSR DFS ANNEXURE 1 | ABBREVIATIONS
71 CoM Annual Review 2019 CoM Annual Review 2019 72 CHAMBER COMMITTEES | ANNEXURE 2 Vice President, The Chamber Mines of Namibia of st CEO, The Chamber Mines of Namibia of Acting President, Mine Workers Union Namibia of General Secretary, Mine Workers Union Namibia of Ministry Mines of and Energy Asset Management & Electrical Engineer QKR Namibia-Navachab Gold Mine. General Manager - Corporate, B2Gold Namibia B2Gold Namibia (Pty)Ltd. Bay SaltWalvis Holdings Ministry Labour, of Industrial Relations and Employment Creation Dundee Precious Metals Tsumeb De Beers Marine Ltd. Namibia (Pty) President, The Chamber Mines of Namibia of 1
Veston MalangoVeston Allen Kalumbu Ebben Zarondo Henri Kassen Erasmus Shivolo COMMITTEE POWER Richard Gevers (Chairperson) COMMITTEE SOCIAL AND ENVIRONMENTAL Charles Loots (Chairperson) AS AT 31 DECEMBER 2019 31 DECEMBER AS AT COMMITTEE EXPLORATION CHAMBER COMMITTEES CHAMBER COMMITTEES Petzel (Chairperson) Volker COMMITTEE HR Brumilda Britz (Chairperson) COMMITTEE SAFETY Barcelona (Chairperson) Tsauses COMMITTEE SURVEYING MINE Claus Jendrissek(Chairperson) MINING CONSULTATIVE FORUM CONSULTATIVE MINING Zebra Kasete Hilifa Mbako 0 0 0 n/a n/a n/a 1,481 2019 4,010 2,448 5,045 67,295 14,940 45,953 113,520 407,986 1,699,986 1,292,000 0 0 n/a n/a n/a 465 2018 1,427 3,571 2,478 15,177 4,744 82,332 65,993 48,970 571,847 2,007,847 1,436,000 0 0 n/a n/a n/a 2,110 2017 1,526 1,345 1,843 5,429 61,529 84,215 15,466 45,523 426,000 1,378,000 1,804,000 1,804,000 0 0 0 n/a n/a n/a 2016 1,850 1,890 4,714 2,232 16,391 85,427 40,869 403,000 1,170,000 1,573,000 1,573,000 0 n/a n/a n/a 2015 4,131 1,878 1,245 2,228 3,254 13,919 13,919 10,659 82,029 45,220 494,324 1,764,324 1,270,000 1,270,000 0 n/a n/a n/a 202 2014 1,938 1,543 1,543 2,296 5,086 36,877 102,188 20,994 612,265 1,885,265 1,273,000 1,273,000 0 n/a n/a n/a 2013 1,795 5,182 2,469 2,409 22,477 24,257 124,924 602,378 1,762,378 1,160,000 0 0 n/a n/a n/a 2012 2,287 2,699 2,306 5,304 27,415 23,032 145,342 559,408 1,659,408 1,100,000 0 0 0 n/a n/a n/a 2011 2,137 1,694 2,063 14,071 34,350 144,755 346,000 990,000 1,336,000 0 0 0 0 n/a n/a n/a 1,678 2010 2,773 3,628 25,019 151,688 492,000 980,000 1,472,000 0 0 0 0 n/a n/a n/a 1,170 2,014 4,150 2009 21,543 150,400 329,000 929,000 600,000 0 n/a n/a n/a n/a 2,126 1,052 8,775 2008 4,067 16,586 145,396 2,122,000 1,039,000 1,055,000 0 321 n/a n/a n/a n/a n/a 2,519 2007 67,110 3,046 145,126 150,080 2,177,516 1,068,933 1,048,302 Khusib Springs Copper concentrate (tonnes) Skorpion Zinc (tonnes SHG of zinc) Tsumeb operationsTsumeb Copper concentrate (tonnes) Tschudi copperTschudi mine Copper Cathode Otjihase mine & Matchless mine Copper concentrate (tonnes) Pyrite concentrate (tonnes) Weatherly Mining Namibia** Weatherly Contained copper (tonnes) Kombat mine Copper concentrate (tonnes) Dundee Precious Metals Tsumeb* Blister Copper (tonnes) Navachab gold) of (kg B2Gold Rossing Uranium (tonnes Uranium of oxide) Ocean Diamnd Mining Holdings Ltd (carats) Langer Heinrich (tonnes uranium of oxide) Uranium Swakop Namdeb Diamond Corporation Diamond Namdeb Debmarine Namibia (carats) Beach and marine contractors (carats) (carats) Fields Diamond Sakawe Mining Corporation (carats) OUTPUT MINE BY Namdeb Holdings carats) (total Source: Chamber of Mines of NamibiaNotes: *Dundee Precious Metals Tsumeb, formerly known as Namibian Custom Smelters **Weatherly formerly known as Ongopolo Mining and Processing from 2000 2006, to and until TCL 1998 ANNEXURE 3 | KEY STATISTICS KEY STATISTICS MINE BY OUTPUT
73 CoM Annual Review 2019 CoM Annual Review 2019 74 0 0 0 n/a n/a n/a 1,481 2019 4,010 2,448 5,045 67,295 14,940 45,953 113,520 407,986 1,699,986 1,292,000 0 0 n/a n/a n/a 465 2018 1,427 3,571 2,478 15,177 4,744 82,332 65,993 48,970 571,847 KEY STATISTICS | ANNEXURE 3 2,007,847 1,436,000 0 0 n/a n/a n/a 2,110 2017 1,526 1,345 1,843 5,429 61,529 84,215 15,466 45,523 426,000 1,378,000 1,804,000 1,804,000 0 0 0 n/a n/a n/a 2016 1,850 1,890 4,714 2,232 16,391 85,427 40,869 403,000 1,170,000 1,573,000 1,573,000 0 n/a n/a n/a 2015 4,131 1,878 1,245 2,228 3,254 13,919 13,919 10,659 82,029 45,220 494,324 1,764,324 1,270,000 1,270,000 0 n/a n/a n/a 202 2014 1,938 1,543 1,543 2,296 5,086 36,877 102,188 20,994 612,265 1,885,265 1,273,000 1,273,000 0 n/a n/a n/a 2013 1,795 5,182 2,469 2,409 22,477 24,257 124,924 602,378 1,762,378 1,160,000 0 0 n/a n/a n/a 2012 2,287 2,699 2,306 5,304 27,415 23,032 145,342 559,408 1,659,408 1,100,000 0 0 0 n/a n/a n/a 2011 2,137 1,694 2,063 14,071 34,350 144,755 346,000 990,000 1,336,000 0 0 0 0 n/a n/a n/a 1,678 2010 2,773 3,628 25,019 151,688 492,000 980,000 1,472,000 0 0 0 0 n/a n/a n/a 1,170 2,014 4,150 2009 21,543 150,400 329,000 929,000 600,000 0 n/a n/a n/a n/a 2,126 1,052 8,775 2008 4,067 16,586 145,396 2,122,000 1,039,000 1,055,000 0 321 n/a n/a n/a n/a n/a 2,519 2007 67,110 3,046 145,126 150,080 2,177,516 1,068,933 1,048,302 Pyrite concentrate (tonnes) copperTschudi mine Copper Cathode operationsTsumeb Copper concentrate (tonnes) Khusib Springs Copper concentrate (tonnes) Skorpion Zinc (tonnes SHG of zinc) OUTPUT MINE BY Namdeb Holdings carats) (total Corporation Diamond Namdeb Debmarine Namibia (carats) Beach and marine contractors (carats) (carats) Fields Diamond Sakawe Mining Corporation (carats) Ocean Diamnd Mining Holdings Ltd (carats) Langer Heinrich (tonnes uranium of oxide) Uranium Swakop Rossing Uranium (tonnes Uranium of oxide) Navachab gold) of (kg B2Gold Dundee Precious Metals Tsumeb* Blister Copper (tonnes) Mining Namibia** Weatherly Contained copper (tonnes) Kombat mine Copper concentrate (tonnes) Otjihase mine & Matchless mine Copper concentrate (tonnes) 7 0 0 167 764 2019 2,267 3,093 13,019 4,030 8,500 67,871 3,000 10,426 no info 58,053 901,797 100,409 0 843 2018 1,956 37,119 3,585 3,456 11,079 7,000 14,068 no info 70,650 107,568 124,520 1,015,205 0 832 2017 2,216 12,719 13,915 2,450 3,480 131,381 97,364 114,350 735,205 0 2016 8,478 14,862 80,560 136,949 698,590 0 2015 18,518 18,518 4,000 4,000 99,665 118,000 118,000 614,980 2014 22,317 22,317 70,414 70,414 107,458 104,046 104,046 689,947 2013 20,551 113,818 717,612 no info no info no info 65,348 109,373 2012 17,557 74,157 no info no info no info 94,303 85,000 725,000 n/a n/a 2011 15,776 8,900 89,236 516,417 90,834 525,317 738,000 2010 1,300 19,202 13,200 10,300 651,219 101,040 676,019 104,494 792,000 2009 4,950 3,400 9,000 79,150 61,800 80,857 20,000 94,000 720,000 2008 20,155 no info no info no info 94,236 118,263 90,000 642,000 5,707 2007 13,317 21,876 10,200 118,766 66,585 94,855 95,809 665,000 OUTPUT MINE BY Lead concentrate (tonnes) Uis tin mine (tonnes tin of concentrate) Okorusu (tonnes fluorspar) of Lead concentrate (tonnes) Namib Lead and Zinc Mine Zinc concentrate (tonnes) Rosh Pinah Zinc Corporation Zinc concentrate (tonnes) Table salt (tonnes) salt (tonnes) Table Gecko Salt The Salt Company product(total - tonnes) Coarse salt (tonnes) Refined (tonnes) salt Rock salt (tonnes) Lodestone Dordabis Iron Ore Mine (tonnes iron of ore) Imerys Gecko Graphite Namibia (tonnes graphite of flakes) Salt & Chemicals (tonnes coarse of salt) Okorusu operated Gecko by Namibia (tonnes iron of ore) Okorusu operated Gecko by Namibia (tonnes ballast) railway of Source: Chamber of Mines of NamibiaNotes: *Dundee Precious Metals Tsumeb, formerly known as Namibian Custom Smelters **Weatherly formerly known as Ongopolo Mining and Processing from 2000 2006, to and until TCL 1998 ANNEXURE 3 | KEY STATISTICS MINE BY OUTPUT CONTINUED
75 CoM Annual Review 2019 CoM Annual Review 2019 76 7 0 0 167 764 2019 2,267 3,093 13,019 4,030 8,500 67,871 3,000 10,426 no info 58,053 901,797 100,409 0 843 2018 1,956 37,119 3,585 3,456 11,079 7,000 14,068 no info 70,650 107,568 124,520 KEY STATISTICS | ANNEXURE 3 1,015,205 0 832 2017 2,216 12,719 13,915 2,450 3,480 131,381 97,364 114,350 735,205 0 2016 8,478 14,862 80,560 136,949 698,590 0 2015 18,518 18,518 4,000 4,000 99,665 118,000 118,000 614,980 2014 22,317 22,317 70,414 70,414 107,458 104,046 104,046 689,947 2013 20,551 113,818 717,612 no info no info no info 65,348 109,373 2012 17,557 74,157 no info no info no info 94,303 85,000 725,000 n/a n/a 2011 15,776 8,900 89,236 516,417 90,834 525,317 738,000 2010 1,300 19,202 13,200 10,300 651,219 101,040 676,019 104,494 792,000 2009 4,950 3,400 9,000 79,150 61,800 80,857 20,000 94,000 720,000 2008 20,155 no info no info no info 94,236 118,263 90,000 642,000 5,707 2007 13,317 21,876 10,200 118,766 66,585 94,855 95,809 665,000 Refined (tonnes) salt Rock salt (tonnes) salt (tonnes) Table Gecko Salt OUTPUT MINE BY Rosh Pinah Zinc Corporation Zinc concentrate (tonnes) Lead concentrate (tonnes) Namib Lead and Zinc Mine Zinc concentrate (tonnes) Lead concentrate (tonnes) Uis tin mine (tonnes tin of concentrate) Okorusu (tonnes fluorspar) of Okorusu operated Gecko by Namibia (tonnes iron of ore) Okorusu operated Gecko by Namibia (tonnes ballast) railway of Lodestone Dordabis Iron Ore Mine (tonnes iron of ore) Imerys Gecko Graphite Namibia (tonnes graphite of flakes) Salt & Chemicals (tonnes coarse of salt) The Salt Company product(total - tonnes) Coarse salt (tonnes) 3 9 11 19 16 111 42 58 45 133 201 n/a n/a n/a n/a n/a n/a n/a n/a n/a 130 227 728 857 353 437 983 969 490 2019 1,339 1,578 8,965 no info 7 6 17 19 10 87 50 44 133 n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a 597 876 967 244 954 700 448 409 2018 1,533 1,582 8,880 no info 6 12 19 87 45 50 122 251 761 421 701 n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a 461 923 839 296 906 2017 1,588 1,620 9,390 no info 12 37 23 87 35 112 811 781 n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a 243 594 463 949 309 808 409 2016 1,685 1,488 9,143 no info 12 31 87 35 38 115 341 n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a 822 236 953 467 750 589 530 390 1,119 2015 1,744 8259 no info 15 41 37 46 80 318 n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a 210 742 239 385 470 670 698 240 850 448 1,774 2014 7583 37 47 42 95 89 46 40 315 185 n/a n/a n/a n/a n/a n/a n/a n/a n/a 327 722 733 455 398 1,141 204 600 2013 1,630 7,439 52 33 84 46 611 44 44 175 n/a n/a n/a n/a n/a n/a n/a n/a n/a 154 410 752 328 442 349 645 2012 1,528 1,632 7633 31 28 85 46 751 149 n/a n/a n/a n/a n/a n/a n/a n/a n/a 310 252 382 586 407 606 2011 1,637 1,363 6929 2 14 85 46 30 321 n/a n/a n/a n/a n/a n/a n/a n/a 160 575 268 682 254 206 509 405 1,651 1,592 2010 6800 37 78 46 213 215 n/a n/a n/a n/a n/a n/a n/a n/a 160 674 593 207 269 489 405 1,415 6281 1,480 2009 78 110 167 n/a n/a n/a n/a n/a n/a n/a n/a n/a 105 273 523 245 360 684 690 7136 1,307 2008 2,594 79 95 110 132 n/a n/a n/a n/a n/a n/a n/a 267 622 248 556 268 669 944 1,175 8105 2007 2,940 78 95 110 132 n/a n/a n/a n/a n/a n/a n/a 267 677 622 248 556 939 903 7627 2006 3,000 75 65 20 110 n/a n/a n/a n/a n/a n/a 523 283 249 596 666 280 903 860 2,913 7543 2005 31 72 110 212 616 210 108 262 362 565 246 833 502 208 7330 2,993 2004 3 18 73 45 101 212 197 817 146 105 262 598 366 498 546 2003 2,953 6940 3 70 98 511 311 50 64 771 314 186 224 265 507 300 6564 2002 2,890 4 81 67 311 101 271 157 167 491 301 283 798 2,916 2001 5948 59 96 151 50 217 261 314 379 438 306 808 6103 3,024 2000 North River Resources employment Total Imerys Gecko Graphite Namibia Gecko Namibia mining operations mine (AfriTin) tin Uis Whale Rock Cement Skorpion Zinc and Namzinc Namzinc and Zinc Skorpion Uranium Swakop Lithium MinesSWA (Rubicon mine) The Salt Company Mining Namibia** Weatherly Matchless mine Rosh Pinah Zinc Corporation Rössing Uranium Salt & Chemicals Sakawe Mining Corporation Tsumeb mine Tsumeb Kombat mine mineOtjihase Navachab Manganese Otjozundu Fluorspar Okorusu Ongopolo Mining and Processing (formerly TLC) Processing Ongopolo smelter) (formerlyTsumeb Namdeb Diamond Corporation Corporation Diamond Namdeb Dundee Precious Metals Tsumeb* Namibia Minerals Corporation NIMT Diamond Fields Namibia Fields Diamond Diaz Point Exploration Langer Heinrich Uranium Lodestone PermanentEmployment Mine by African Bounty Orano Namibia Resources B2Gold Debmarine Namibia Source: ChamberNotes: of Mines of Namibia*Dundee Precious Metals Tsumeb, formerly known as Namibian Custom Smelters **Weatherly formerly known as Ongopolo Mining and Processing from 2000 2006, to and until TCL 1998 PERMANENT EMPLOYMENT PERMANENTEMPLOYMENT BY MINE ANNEXURE 3 | KEY STATISTICS
77 CoM Annual Review 2019 CoM Annual Review 2019 78 3 9 11 19 16 111 42 58 45 133 201 n/a n/a n/a n/a n/a n/a n/a n/a n/a 130 227 728 857 353 437 983 969 490 2019 1,339 1,578 8,965 no info 7 6 17 19 10 87 50 44 133 n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a 597 876 967 244 954 700 448 409 2018 1,533 1,582 8,880 no info 6 12 KEY STATISTICS | ANNEXURE 3 19 87 45 50 122 251 761 421 701 n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a 461 923 839 296 906 2017 1,588 1,620 9,390 no info 12 37 23 87 35 112 811 781 n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a 243 594 463 949 309 808 409 2016 1,685 1,488 9,143 no info 12 31 87 35 38 115 341 n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a 822 236 953 467 750 589 530 390 1,119 2015 1,744 8259 no info 15 41 37 46 80 318 n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a 210 742 239 385 470 670 698 240 850 448 1,774 2014 7583 37 47 42 95 89 46 40 315 185 n/a n/a n/a n/a n/a n/a n/a n/a n/a 327 722 733 455 398 1,141 204 600 2013 1,630 7,439 52 33 84 46 611 44 44 175 n/a n/a n/a n/a n/a n/a n/a n/a n/a 154 410 752 328 442 349 645 2012 1,528 1,632 7633 31 28 85 46 751 149 n/a n/a n/a n/a n/a n/a n/a n/a n/a 310 252 382 586 407 606 2011 1,637 1,363 6929 2 14 85 46 30 321 n/a n/a n/a n/a n/a n/a n/a n/a 160 575 268 682 254 206 509 405 1,651 1,592 2010 6800 37 78 46 213 215 n/a n/a n/a n/a n/a n/a n/a n/a 160 674 593 207 269 489 405 1,415 6281 1,480 2009 78 110 167 n/a n/a n/a n/a n/a n/a n/a n/a n/a 105 273 523 245 360 684 690 7136 1,307 2008 2,594 79 95 110 132 n/a n/a n/a n/a n/a n/a n/a 267 622 248 556 268 669 944 1,175 8105 2007 2,940 78 95 110 132 n/a n/a n/a n/a n/a n/a n/a 267 677 622 248 556 939 903 7627 2006 3,000 75 65 20 110 n/a n/a n/a n/a n/a n/a 523 283 249 596 666 280 903 860 2,913 7543 2005 31 72 110 212 616 210 108 262 362 565 246 833 502 208 7330 2,993 2004 3 18 73 45 101 212 197 817 146 105 262 598 366 546 498 2003 2,953 6940 3 70 98 511 311 50 64 771 314 186 224 265 507 300 6564 2002 2,890 4 81 67 311 101 271 157 167 491 301 283 798 2,916 2001 5948 59 96 151 50 217 261 314 379 438 306 808 6103 3,024 2000 Salt & Chemicals Sakawe Mining Corporation Namzinc and Zinc Skorpion Uranium Swakop Lithium MinesSWA (Rubicon mine) The Salt Company Mining Namibia** Weatherly Imerys Gecko Graphite Namibia Gecko Namibia mining operations mine (AfriTin) tin Uis Whale Rock Cement North River Resources employment Total PermanentEmployment Mine by African Bounty Orano Namibia Resources B2Gold Debmarine Namibia Namibia Fields Diamond Diaz Point Exploration Langer Heinrich Uranium Lodestone Corporation Diamond Namdeb Dundee Precious Metals Tsumeb* Namibia Minerals Corporation Navachab NIMT Manganese Otjozundu Fluorspar Okorusu Ongopolo Mining and Processing (formerly TLC) Processing Ongopolo smelter) (formerlyTsumeb mine Tsumeb Kombat mine mineOtjihase Matchless mine Rosh Pinah Zinc Corporation Rössing Uranium n/a n/a n/a 3.1% 1.4% 9.3% 3.9% 2019 0.8% 1,351 1,410 7,042 7,643 2,539 2,447 2,208 5,608 13,649 13,649 16,599 178,677 n/a n/a n/a 1.2% 2.6% 0.7% 4.4% 2018 9.0% 7,912 2,155 2,215 1,352 1,332 2,559 9,283 4,550 15,349 16,008 178,052 n/a n/a n/a 1.0% 2.7% 8.3% 2017 0.6% 4.0% 1,919 6,717 1,027 1,897 1,342 1,690 4,573 8,066 13,224 14,007 169,529 n/a n/a n/a 3.3% 9.5% 4.6% 0.6% 2016 0.9% 1,159 5,161 1,012 1,553 1,429 1,429 1,820 7,238 11,576 7,044 14,839 156,879 n/a n/a n/a 1.9% 928 928 5.4% 8.9% 2015 0.6% 0.9% 1,367 1,367 2,769 2,769 7,902 7,902 12,965 12,965 145,207 n/a n/a n/a 1.2% 1.2% 6.3% 9.6% 0.9% 2014 1,541 1,541 1,077 1,882 1,254 1,254 8,451 1,668 1,608 8,422 12,825 13,078 13,078 133,980 133,980 n/a n/a n/a 1.3% 1.9% 1.0% 2013 6.0% 1,071 1,130 7,919 10.2% 1,507 1,850 7,077 2,954 11,923 2,209 117,110 117,110 13,795
NSA Namibia Chamber of Mines of Namibia Source [1] [2] ANNEXURE 3 | KEY STATISTICS MINING ECONOMY AND THE Mining and the Economy Value added added Value current prices) (N$m Diamonds *Other miningand quarrying *Metal ores Other Mining *Uranium Mining and quarrying Diamonds Diamonds GDP (N$m current prices) As % of GDP *Uranium Other mining *Metal ores *Other miningand quarrying Other mining **Other mining and quarrying **Other mining and quarrying **Metal ores Mining and quarrying Mining and quarrying added Value (N$m 2010 constant prices) Diamonds **Uranium
79 CoM Annual Review 2019 CoM Annual Review 2019 80 n/a 180 842 2.5% 3.0% 2019 -11.1% -0.1% 15.6% 31.8% 9,158 9,615 -4.4% -17.7% 2,623 2,628 5,287 50.5% 31,157 6,290 61,638 2 n/a 812 205 15.1% 2018 3.0% 16.1% 0.8% 3,131 13.6% 51.9% 18.2% 11,014 33.6% 33.4% 5,376 5,382 8,579 2,543 31,461 60,569 n/a 761 304 3.4% 2017 17.8% 14.5% 41.6% 14.2% 5,561 23.5% 63.7% 49.7% 3,001 9,744 3,429 3,429 5,833 4,667 27,162 27,162 -26.3% 54,684 KEY STATISTICS | ANNEXURE 3 n/a 100 779 5.9% 2016 19.5% 13.6% 2,891 62.4% 25.0% 50.5% 3,653 -10.7% 6,092 9,260 -10.9% 3,000 3,000 -34.3% 10,357 26,772 53,025 n/a 621 165 2015 25.1% 51.6% 12.0% 1,952 1,507 -6.5% -18.1% 11,195 157.1% -0.9% 3,728 4,010 17,381 134.1% -50.7% 23,013 44,624 1 171 n/a 889 6.7% 0.5% 2014 52.1% -5.2% -9.9% 16.0% 24.2% 1,064 2,979 2,339 4,588 167.4% -36.3% 22,184 10,325 21,465 42,593 n/a 823 450 2.6% 2013 1,721 14.1% 11.0% 1,639 1,639 10.0% -6.9% 22.8% 54.2% 2,585 8,798 5,348 138.2% -25.8% 38,612 20,913 16,483 16,483
Minerals as % merchandise exports Exploration expenditure Exploration by & Development Companies only (N$m current prices) Diamonds as % of merchandise exports Total export goods of Total Total mining exportTotal (N$m current prices) Exploration expenditure Exploration Mining and the Economy % Growth Diamonds Zinc Refined Copper *Metal ores **Uranium Uranium ores Uranium Minerals Other Diamonds Other mining **Metal ores **Other mining and quarrying Mining and quarrying as GDP % of Exports of ores and minerals (N$m current prices) Gross Fixed Capital Formation (N$m current prices) Mining and quarrying as value % of added Notes: *Prior 2000 to "Uranium", "Metal Ores" and "Other Mining and Quarrying"were grouped under "Other mining"**Prior uranium 2007, to ores were included in metal ores n/a n/a n/a n/a n/a n/a n/a n/a n/a 711.6 133.3 315.0 20/21 1,237.7 1,949.3 2,397.6 51,397.1 4 82 297 680 2019 n/a n/a n/a n/a n/a n/a n/a n/a n/a 315.0 501.6 19/20 1,310.0 3,314.6 3,314.6 1,268.0 2,578.0 2,578.0 3 58,405.9 106 742 259 2018 1% 5% 6% 18/19 445.2 347.0 283.5 1,255.1 300.0 2 1,495.5 1,495.5 1,487.0 1,487.0 151 174 2,687.0 1,200.0 3,270.5 584 3,534.0 2017 55,882.1 5% 6% 0% 1 17/18 122.3 199.2 342.7 97 976.2 256.0 142 641 2016 1,653.9 1,203.4 2,857.3 3,032.2 3,353.6 3,456.0 3,456.0 2,056.0 58,658.9 58,658.9 5% 6% 0% 0 91.6 56 117 16/17 656 977.6 210.0 2015 390.7 625.0 490.7 1,611.3 2,341.2 3,071.2 2,966.2 2,588.9 2,588.9 3,666.9 3,666.9 51,512.0 3 7% 6% 0% 101 138 598 57.5 2014 99.0 15/16 310.0 620.0 309.0 3,154.3 2,166.8 2,199.0 1,059.6 2,786.8 3,258.6 3,666.6 3,666.6 50,271.6 50,271.6 0 331 395 465 7% 6% 0% 2013 27.5 94.2 14/15 201.0 384.8 384.8 1,159.2 3,104.1 1,532.6 2,691.8 3,318.5 3,318.5 1,043.3 1,980.0 3,023.3 48,082.3 48,082.3 3 212 441 258 2012 2% 2% 0% 7.5 59.0 13/14 763.1 107.8 185.4 631.4 655.3 956.0 305.0 1,049.1 1,680.5 2,044.5 39,199.6 4 428 348 402 2011 5% 5% 0% 51.7 16.8 12/13 183.2 993.7 678.9 644.3 300.0 1,637.9 1,682.6 1,882.6 1,989.6 1,003.7 36,181.3 2 133 230 439 2010 5% 6% 0% 10.2 11/12 631.7 746.3 840.7 305.4 704.4 350.0 360.0 4 1,472.4 1,472.4 2,160.7 1,788.0 311 1,096.3 179 305 28,084.9 2009 0% 0% 0% 10/11 4 184.5 601.9 252.0 462.3 436.5 250.0 241 165 467 1,148.8 1,148.8 2008 22,139.5 61.1 10.1 7 4.7% 3.3% 0.3% 511.3 194 742.1 223 125.2 443 135.3 261.0 09/10 939.8 554.5 230.8 2007 250.0 1,064.2 22,734.5 0 135 104 243 2.3% 3.4% 8.2% 92.8 2006 451.8 797.5 442.5 355.0 730.9 498.8 498.8 460.5 08/09 200.0 1,774.3 1,458.0 21,768.7 1 96 191 316 2005 4.1% 8.3% 3.9% 42.9 821.1 271.2 521.2 220.7 779.9 228.8 07/08 250.0 350.0 600.4 600.4 1,100.0 1,643.8 19,826.2 2 75 328 363 2004 7.0 2.1% 7.3% 5.2% 45.0 361.4 841.9 316.4 316.4 350.7 359.9 368.4 482.0 06/07 1,192.6 16,325.2 12 71 243 363 2003 6.5 0.9 4.9% 4.9% 0.0% 48.3 242.1 199.3 296.9 604.7 603.8 290.4 290.4 05/06 404.6 12,368.0 8 70 231 379 2002 7.9 0.1% 14.9 6.3% 6.4% 52.0 301.4 552.0 694.7 385.4 385.4 566.9 686.8 04/05 500.0 4 10,853.6 160 583 206 2001 3.2 5.3% 5.3% 0.0% 175.4 301.9 477.3 150.0 150.0 480.5 450.0 03/04 5 1,160.0 1,610.0 1,610.0 1,760.0 147 155 510 9,064.8 2000 8 92 176 518 1999 2 1 Ministry of Finance Ministry of Mines and Energy Exclusive Prospecting Licenses awarded Claims Registered Mining Licences granted LICENSES GRANTED LICENSES Non-Exclusive Prospecting Licences issued Diamond mining as % of revenue All mining as % of revenue Actual* Total Government revenue* Non–diamond mining as % of revenue Diamond royalties – actual* – royalties Diamond Budgeted Actual mining All Budgeted Diamond mining Diamond budgeted – mining Diamond actual* – mining Diamond budgeted – royalties Diamond Actual* Non–diamond mineral royalties Non–diamond mineral Budgeted Actual* TAX REVENUE TAX Revenue (N$m) –diamond mining Non Budgeted Source [1] [2] LICENSES ANNEXURE 3 | KEY STATISTICS REVENUE TAX
81 CoM Annual Review 2019 CoM Annual Review 2019 82 n/a n/a n/a n/a n/a n/a n/a n/a n/a 711.6 133.3 315.0 20/21 1,237.7 1,949.3 2,397.6 51,397.1 4 82 297 680 2019 n/a n/a n/a n/a n/a n/a n/a n/a n/a 315.0 501.6 19/20 1,310.0 3,314.6 3,314.6 1,268.0 2,578.0 2,578.0 3 58,405.9 106 742 259 2018 1% 5% 6% 18/19 445.2 347.0 283.5 1,255.1 300.0 2 1,495.5 1,495.5 1,487.0 1,487.0 151 174 2,687.0 1,200.0 3,270.5 584 3,534.0 2017 55,882.1 KEY STATISTICS | ANNEXURE 3 5% 6% 0% 1 17/18 122.3 199.2 342.7 97 976.2 256.0 142 641 2016 1,653.9 1,203.4 2,857.3 3,032.2 3,353.6 3,456.0 3,456.0 2,056.0 58,658.9 58,658.9 5% 6% 0% 0 91.6 56 117 16/17 656 977.6 210.0 2015 390.7 625.0 490.7 1,611.3 2,341.2 3,071.2 2,966.2 2,588.9 2,588.9 3,666.9 3,666.9 51,512.0 3 7% 6% 0% 101 138 598 57.5 2014 99.0 15/16 310.0 620.0 309.0 3,154.3 2,166.8 2,199.0 1,059.6 2,786.8 3,258.6 3,666.6 3,666.6 50,271.6 50,271.6 0 331 395 465 7% 6% 0% 2013 27.5 94.2 14/15 201.0 384.8 384.8 1,159.2 3,104.1 1,532.6 2,691.8 3,318.5 3,318.5 1,043.3 1,980.0 3,023.3 48,082.3 48,082.3 3 212 441 258 2012 2% 2% 0% 7.5 59.0 13/14 763.1 107.8 185.4 631.4 655.3 956.0 305.0 1,049.1 1,680.5 2,044.5 39,199.6 4 428 348 402 2011 5% 5% 0% 51.7 16.8 12/13 183.2 993.7 678.9 644.3 300.0 1,637.9 1,682.6 1,882.6 1,989.6 1,003.7 36,181.3 2 133 230 439 2010 5% 6% 0% 10.2 11/12 631.7 746.3 840.7 305.4 704.4 350.0 360.0 4 1,472.4 1,472.4 2,160.7 1,788.0 311 1,096.3 179 305 28,084.9 2009 0% 0% 0% 10/11 4 184.5 601.9 252.0 462.3 436.5 250.0 241 165 467 1,148.8 1,148.8 2008 22,139.5 61.1 10.1 7 4.7% 3.3% 0.3% 511.3 194 742.1 223 125.2 443 135.3 261.0 09/10 939.8 554.5 230.8 2007 250.0 1,064.2 22,734.5 0 135 104 243 2.3% 3.4% 8.2% 92.8 2006 451.8 797.5 442.5 355.0 730.9 498.8 498.8 460.5 08/09 200.0 1,774.3 1,458.0 21,768.7 1 96 191 316 2005 4.1% 8.3% 3.9% 42.9 821.1 271.2 521.2 220.7 779.9 228.8 07/08 250.0 350.0 600.4 600.4 1,100.0 1,643.8 19,826.2 2 75 328 363 2004 7.0 2.1% 7.3% 5.2% 45.0 361.4 841.9 316.4 316.4 350.7 359.9 368.4 482.0 06/07 1,192.6 16,325.2 12 71 243 363 2003 6.5 0.9 4.9% 4.9% 0.0% 48.3 242.1 199.3 296.9 604.7 603.8 290.4 290.4 05/06 404.6 12,368.0 8 70 231 379 2002 7.9 0.1% 14.9 6.3% 6.4% 52.0 301.4 552.0 694.7 385.4 385.4 566.9 686.8 04/05 500.0 4 10,853.6 160 583 206 2001 3.2 5.3% 5.3% 0.0% 175.4 301.9 477.3 150.0 150.0 480.5 450.0 03/04 5 1,160.0 1,610.0 1,610.0 1,760.0 147 155 510 9,064.8 2000 8 92 176 518 1999 2 1 LICENSES GRANTED LICENSES Non-Exclusive Prospecting Licences issued Exclusive Prospecting Licenses awarded Claims Registered Mining Licences granted All mining as % of revenue TAX REVENUE TAX Revenue (N$m) –diamond mining Non Budgeted Actual* royalties Non–diamond mineral Budgeted Actual* mining Diamond budgeted – mining Diamond actual* – mining Diamond budgeted – royalties Diamond actual* – royalties Diamond Budgeted Actual mining All Budgeted Actual* Total Government revenue* Non–diamond mining as % of revenue Diamond mining as % of revenue R. Burger L. Davies A. Kalili C. Loots B. Britz B. Munro E. Alberts E. Nakale B. Tsauses M. Hirsch S. Muller I. Shilongo J. Klein Snr J.O. De Jager SherrattD. Johnston T. H. Duan E. A. Barbour E. Mbeely K. Woodman C. Botha Verran D. H. Scheepers E. A. G. Trueman E. Akwaake J. Akwenye G. Isaaks E. Nefussy E. Freyer Wyk Van P.
O. N.O. Shikongo J. Coetzee J. Sisay I.Simataa G. Botshiwe C. Horn CAI Y. M. Dawe A. Snyman Ewald W. SchütteH-W. Z. Xigang Z.Kasete J. Borshoff M. Tjipita H. Mbako J. Roux A.Z. //Gowaseb R. Schommarz J. Klein Jnr. R. Stanton E. Rust WittreichF-P. HougaardP. KuutondokwaD. C. Movirongo J. Andrew R.Carr C. Wium H. Scheepers R. Ellmies M. Hill M. Shikongo K. Maiden KrappmannO. B. CornerDr. J.Ashipala CastelynD. M. Woodbourne S. J. Blower L. Ming E. Pekema E. Hawala Lusse V. Lemmon P. ReddyR. V. K. Kapwanga J. Ferreira B. Borg SlabbertW.
CLASS A FOUNDER MEMBERS Namdeb Holdings (Pty) Limited ANNEXURE COMMITTEES & MEMBERS 4 | CHAMBER MEMBERS CHAMBER 2019 31 DECEMBER AS AT Rössing Uranium Ltd. Weatherly Mining Namibia CLASS A MEMBERS Skorpion Mining Company QKR Namibia Rosh Pinah Zinc Corporation (Pty) Ltd. Uranium Swakop (Proprietary) Ltd. B2Gold Namibia (Pty)Limited CLASS B MEMBERS Salt & Chemicals (Pty) Ltd. Bannerman Mining Resources Namibia OHORONGO Cement (Pty) Ltd. Zhonghe Resources (Namibia) Development (Pty) Ltd. Dundee Precious Metals Tsumeb Reptile Mineral Resources and Exploration Namib Lead and Zinc Mining (Pty) Ltd. Orano Mining Namibia Langer Heinrich Uranium Ltd. Whale Rock Cement AfriTin Mining Namibia (Pty) Ltd. CLASS C MEMBERS Salt Company (Pty) Ltd. Otjozondu Mining (Pty) Ltd. R.E.D Graniti Namibia (Pty) Ltd. Namibia Marble & Granite Rock Solid Mining (Pty) Ltd. African (Pty) Ltd. Tantalum Desert Lion (Pty) Ltd. CLASS D MEMBERS Osino Resources Corp Onganja Mining Company (Pty) Ltd. MineralsP.E. MiningMAWARID (Namibia) (Pty) Ltd. Namibia Rare Earths (Pty) Ltd. Marenica Energy Ltd. Nutam (Pty) Ltd. Craton Mining & Exploration (Pty) Ltd. Gecko Mining (Pty) Ltd. Cheetah Minerals Exploration (Pty) Ltd. Sabre Resources Namibia (Pty) Ltd. Lodestone Namibia (Pty) Ltd. Namibian Marine Phosphate (Pty) Ltd. Pitchstone Exploration Namibia (Pty) Ltd. Namibia East China Non-Ferrous Investment (Pty) Ltd. China Africa Resources Namibia Epangelo Mining Company (Pty) Limited Manila Investment (Kombat Copper Inc.) Jindal Mining Namibia (Pty) Ltd. Zander Mineral Investments (Pty) Ltd. Geomin Global (Pty) Ventures Samicor Diamond Mining (Pty) Ltd. MetalsVotorantim Namibia Gecko Cobalt Mining (Pty) Ltd. Damaran Exploration Namibia (Pty) Ltd.
83 CoM Annual Review 2019 CoM Annual Review 2019 84 S. Kurz L. Brands A. Ashby R. Wartha I.Namaseb K. Laas G. Fassbender HorakD. N. Muller M. Dorrsen von Tjazuko T. RoesemanD. Hollick P. Brown W. G. Stadtherr A.Dr. Marlow C. DeF. Beer Silver T. J. Maree A. Jakins E. Smit M. Kuwa S. Alex C. Williams S. Bezuidenhout
CHAMBER MEMBERS & COMMITTEES | ANNEXURE 4 M. Hilmer S. van der Spuy CartterallD. IndongoF. NependaW. K. Hartmann S. Masiza L. Strauss A. Speiser E. Nandjiwa A. Palfi B.Eiseb E. Freyer J. Kaitungwa N. Du Plooy Coetzee P. S. Jordaan C. Groenewald Schutz F. Crafford J. G. Symons R. Bussel N. Stewart L. MaartensDr. H. Bamm R. Makunike B. Muller G. Leicher A. Kostopoulus vanD. Niekerk B. van Coller A. Theissen J. Kirsten E. Lisho H. Schlag Shali W. Kuys T. F. Davidson P. J. Gaya Reiff H. P. R. Fitzpatrick I. Milanesi J. H. Hough A. Nel R. Moseme A. Neethling C. Vorster Lamboy T. R. Amster HanghomeV. BurgerW. BesterD. Botha P. L. Nutt Z. Awases Bezuidenhout J. R. Mwanachilenga
Galloway S.
CLASS D MEMBERS CONTINUED Valencia Uranium (Pty) Ltd. Diamond Fields Namibia (Pty) Ltd. Kalahari Trans Copper (Namibia)Pty Ltd. Gratomic Graphite Imerys Gecko Holdings (Namibia) (Pty) Ltd. Geoservices Hartmann ASSOCIATE MEMBERSASSOCIATE Bay BulkWalvis (Pty) Ltd. Terminal African Wire Ropes (Pty) Ltd. Alexandra Speiser Environmental Consultants cc BarloworldEquipment (Pty) Ltd. Palfi, Holman & Associates Valuations Namibia NDTC (Pty) Ltd. Eckhart - Geologist Freyer MiningEvi Company Ltd. L. van Schalkwyk Manica Group Namibia (Pty) Ltd. NOSA Namibia Rubicon Security Services ChemicalsProtea Namibia (Pty) Ltd. Company Construction Mining Karibib GeophysicalTerratec Services Namibia cc Namibia Institute Mining of & Technology Epiroc Mining Namibia (Pty) Ltd. LM Environmental Consulting Intertek Genalysis Namibia (Pty) Ltd. International SOS Namibia (Pty) Ltd. BM Earth Moving cc Knight Piesold Consulting (Pty) Ltd. Treatment Water Aveng Kraatz Marine (Pty) Ltd. Remote Exploration Services (Pty) Ltd. Cymot (Pty) Ltd. Desert Mining Supplies ALS Laboratory Namibia (Pty) Ltd. MaintenanceTaurus Products (Pty) Ltd. Shali Group Holdings (Pty) Ltd. African Bounty cc. Mincon Namibia (Pty) Ltd. QuarmbyFisher, & Pfeifer Namibia Mining Industrial Solutions MineralsWeir Pumps & Mining Solutions. LinePower Africa (Pty) Ltd. Verminen Mining Services CC. 3M Personal Safety Namibia Basil Read Mining Namibia (Pty) Ltd. BARTKO Mining Namibia (Pty) Ltd. Bulk Mining Explosives Namibia ADP Namibia (Pty) Ltd. BMI Group Namibia KODO Drilling Komatsu Namibia (Pty) Ltd. Eazi Access Rental Namibia (Pty) Ltd. Geo Pollution Technologies (Pty) Ltd. Risk Corps Women in Mining Association Namibia of (WiMAN) (ECC) Consultancy Compliance Environmental HONORARY LIFE MEMBERS OIL AND GAS MEMBERS Chariot Oil & Gas
[email protected] Namibia Statistics Agency FGI House, Post Streetmall Box 2133,P.O. Windhoek +264 61 431 3200 +264 61 431 3253 www.nsa.org.na www.mme.gov.na www.met.gov.na www.npc.gov.na www.bon.com.na www.imf.org/en/Publications/WEO [email protected] +264 61 284 8111 +264 61 238 8366 [email protected]
Minerals Act 1992 (Act No. 33 of 1992) Minerals Development Fund of Namibia Act1996 (Act No. 19 of 1996) 1999 Act Diamond (Act No. 13 of 1999) Minerals Policy of Namibia (Ministry of Mines and Energy) Minerals Amendment Act 2008 (Act No. 8 of 2008) Directorate: Geological Survey Deputy Executive Director: Ms. Gloria Simubali Email: Directorate of Mines Deputy Executive Director & Mining Commissioner: ErasmusMr. Shivolo Tel. Fax. Email: Chief Inspector of Mines: Mathews Mr. Amunghete E-mail: National Statistics Agency Namibia (NSA) Statistician General: Shimuafeni Alex Statistician Physical address: Postal address: Tel: Fax: Website: WEBSITES AND DOCUMENTS USEFUL Ministry of Mines and Energy Website: • • • • • Ministry of Environment and Tourism Website: Commission Planning National Website: reports quarterly and annual Namibia of Bank Website: Fund Monetary International Reports Outlook Economic World Website:
No. 3 Schutzen Street Central Windhoek Box 2895,P.O. Windhoek +264 61 237 925 +264 61 222 638 [email protected] www.chamberofmines.org.na Swakopmund Avenue, Cottage Swakopmund Box 2747, P.O. +264 402393 (64) +264 402394 (64) [email protected] www.namibianuranium.org Mines and Energy Building 1 Aviation Road, Windhoek Private Bag Windhoek 13297, +264 61 284 8111 +264 61 284 8363/ 220 386 +264 61 284 8312 +264 61 220 386 +264 61 284 8261 +264 61 284 8380 [email protected]
Vice President: IrvinneMr. Simataa Vice President: HilifaMr. Mbako nd st Chief Executive Officer: VestonMr. Malango Physical address: Postal address: Tel: Fax: Email: Website: NAMIBIAN URANIUM ASSOCIATION Schneider Gabi Dr. Director: address: Physical Postal address: Tel: Fax: E-mail: Website: FRASER INSTITUTE SURVEY OF MINING COMPANIES Fraser Institute Annual Survey of Mining Companies 2019. Available for download at https://www.fraserinstitute.org/studies/annual- survey-of-mining-companies-2019 KEY CONTACTS IN GOVERNMENT Ministry of Mines and Energy Physical address: Postal Address: Minister Deputy and Minister Alweendo Tom Honourable Minister: Deputy Minister: Honourable Kornelia Shilunga Tel: Fax: DirectorExecutive Fax: Affairs Diamond Directorate: Auene-Gahutu Miina Director: Tel: Fax: Email: Mr. SimeonMr. Negumbo Tel: ANNEXURE| REFERENCES 5 REFERENCES CHAMBER MINES OF NAMIBIA President: Zebra Mr. Kasete 1 ANNUAL REVIEWANNUAL 2019 2
85 CoM Annual Review 2019 inside back cover image Contributed by AfriTin P.O. Box 2895 Windhoek Namibia
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