Financial Mail·3 min read·medium

Namibia’s gold rush is on

L
Linda de Jager
Namibia’s gold rush is on
AI Summary

Namibia's mining sector is undergoing a strategic shift as gold becomes a central pillar of the national economy. Despite the closure of the Otjikoto open-pit mine, new projects like Twin Hills and underground expansions are expected to drive growth through 2030.

Namibia’s gold industry is entering a defining period. Between now and 2030, billions of dollars in investment, several major discoveries and a fresh government strategy are expected to reshape the country’s mining landscape — and with it, its economy.

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