Namibia is set to host the Namibia Mining Conference and a mining expo under the theme of “reaping the benefits of mining investment in Namibia” in late April.

CEO of the Chamber of Mines Veston Malango said on Wednesday that this year’s conference will cover crucial topics such as water, security concerns, uranium market dynamics, mining contribution to national development.

Business24

Malango said about 90 exhibitors will be present to showcase their services and businesses.

According to him, the mining industry remains one of the largest contributors to GDP, constituting 12.5 percent in 2015, and contributes 50 percent to Namibia’s foreign exchange earnings.

He said that the benefits of a modern and well run mining sector to the Namibian economy are plenty and remain important drivers for economic growth.

“The Namibian mining industry provides jobs to about 9,000 permanent employees, of which 95 percent are Namibians and only 5 percent are expatriates,” he added.

Namibian mining includes diamonds, uranium, zinc, copper, gold, lead, dimension stone, salt and a variety of semi-precious stones. Enditem

Source: Xinhua/NewsGhana.com.gh

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