Strong gold prices keep mining sector stable – Windhoek Observer

Strong gold prices keep mining sector stable – Windhoek Observer

Chamwe Kaira The Chamber of Mines of Namibia has released its monthly mining update for October, showing that the mining sector remained stable despite global economic uncertainty, weak industrial activity in key markets, and pressure on diamond and base-metal demand. The update shows that mining continues to play a central role in the national economy, supported by strong performance in gold and uranium. Global conditions in October reflected s…