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Namibia’s Commodities Surge and Shift | Namibia News
Namibia’s commodity sector is on fire—gold, uranium, copper, and tin are all surging, fueling national reserves, boosting mining companies, and sparking new investment. The Bank of Namibia is actively buying local gold, snapping up over 8,000 ounces worth nearly $570 million. Uranium prices jumped 18%, copper remains firm, and tin hits record highs—reviving Andrada’s Uis mine and making expansion a no-brainer. Diamonds still struggle with falling prices, but output soared 44% in June. Zinc and uranium production dipped, but B2Gold’s Otjikoto Mine is crushing targets, pushing the company to…
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