African Mining March - April 2019 | Page 19

In conversation with Namibia has brilliant ports and roads, but the railroads are in urgent need of refurbishment and upgrading to accommodate the kinds of volumes that are required by the growing mining sector. The other challenge in terms of infrastructure is the rail network. Namibia has brilliant ports and roads, but the railroads are in urgent need of refurbishment and upgrading to accommodate the kinds of volumes that are required by the growing mining sector. That is certainly one of Namibia’s major challenges. It impacts mines particularly in the central and northern regions. The Port of Walvis Bay is world class. There is a new container terminal and the authorities are expanding to the north. The plan is to create a logistics hub for the SADC region, which is a great development, as the country’s infrastructure is strategically linked to neighbouring countries and to other transport corridors. Although Walvis Bay is one of the best ports in Africa, the rail infrastructure cannot support the port infrastructure at the moment, given this massive expansion. What about electricity? Most mines draw electricity from the national grid. A few remote mines generate their own electricity or use generator sets. Namibia purchases more than 50% of its power from the South African power utility Eskom, which is a risk over the long term given the continuous challenges the entity faces. What is your outlook for the Namibian mining industry? Generally, very positive. We expect exploration to continue increasing in the next few years. This will be driven by increasing demand for battery minerals across the globe. In addition, we are upbeat about what is happening now, especially in the uranium market, as a price rebound will bring new projects into development. b MARCH - APRIL 2019 AFRICAN MINING 17