Mining in Namibia - Labour Disputes in Namibia, Mineral Industry of Namibia, 2008 Skorpion Zinc Strike, Mineworkers Union of Namibia (Paperback)

Chapters: Labour Disputes in Namibia, Mineral Industry of Namibia, 2008 Skorpion Zinc Strike, Mineworkers Union of Namibia. Source: Wikipedia. Pages: 17. Not illustrated. Free updates online. Purchase includes a free trial membership in the publisher's book club where you can select from more than a million books without charge. Excerpt: Diamond remained the most economically significant mineral commodity produced by the mining industry of Namibia. The country produced about 2% of the worlds gem-quality diamond, which placed it as the eighth ranked producer of gem diamond in terms of value. Namibia, which is located on the southwestern coast of Africa, also was the sixth ranked producer of uranium, producing about 8% of the worlds uranium in 2006. Namibias mining industry is regulated by the Diamond Act, 1999; the Minerals (Prospecting and Mining) Act, 1992; and the Minerals Development Fund of Namibia Act of 1996. The petroleum sector is governed by the Petroleum (Exploration and Production) Act, 1991; the Petroleum (Taxation) Act, 1991; the Petroleum (Exploration and Production) Amendment Act, 1993; the Petroleum Laws Amendment Act, 1998; the Model Petroleum Agreement, 1998; and the Petroleum Products and Energy Amendment Act, 2000. In 2006, the Government confirmed a royalty schedule that originally had been introduced in 2004. A 3% royalty was levied on the market value of base, precious, and rare metals and nonnuclear mineral fuels. A 2% royalty was levied on industrial minerals and nuclear mineral fuels. Diamond mining contributed about 8.6% to the gross domestic product (GDP) of Namibia; construction accounted for 3.7% of the GDP, and other mining and quarrying, 3.1%. Mineral exports accounted for a significant segment of trade and foreign exchange earnings. In 2006, manganese, diamond, and fluorspar output increased by 158%, 24%, and 15%, respectively, compared with that of 2005, and copper, lead, wollastonite, and...More: http://booksllc.net/?id=17985373