Namibia to develop rare earths deposits

Published: Monday, 09 June 2014

While Namibia’s government is striving to increase the amount and profitability of the country’s mining industry, a newly proposed law could in fact lead to reduced activity, warns the Chamber of Mines.

By Allan Bariyo

Namibia’s Ministry of Mines and Energy has announced plans to permit a state-owned firm to develop rare earths and other strategic minerals resources either independently or through joint venture agreements with potential private investors.

Working with Epangelo Mining, Namibia’s government will own the rights to...

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