Recently Released Market Study: Namibia Mining Report Q3 2012
We forecast Namibia's mining industry to grow by 18.4% in 2012 in real terms, following an estimated 25.4% increase in 2011. We forecast the value of the mining sector to grow to US$2.6bn in 2012. Growth is expected to reach 18.3% y-o-y in 2013, on the back of a surge in new uranium mining projects. Namibia's real mining growth over 2012-2016 is projected to average 13.9% a year, with the industry reaching a value of US$4.2bn in 2016.
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