Navachab Mine
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Navachab Mine
The Navachab Gold Mine is an open-pit gold mine situated near Karibib, in the Erongo Region of Namibia. The operation is owned by QKR.
QKR website, accessed: 8 July 2014
Navachab, the oldest gold mine in Namibia, takes its name from the local Navachab farm, where the gold deposit was found. The deposit is located 6 km south of the - road.


History

The first gold discoveries in Namibia were made in 1899. Gold mining began in the country in 1933, but was later abandoned because of low grades.
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Karibib
Karibib () is a town in the Erongo Region of western Namibia. It has 8,434 inhabitants. Karibib is the district capital of the Karibib Constituency, Karibib electoral constituency. It is situated on the Khan River, halfway between Windhoek and Swakopmund on the B2 road (Namibia), B2 (Trans-Kalahari Highway), the main road between Walvis Bay and Johannesburg. The town is known for its aragonite marble quarry, quarries and the Navachab Gold Mine. Geography Karibib comprises of town land. Economy and Infrastructure The Navachab Gold Mine owned by QKR Namibia is located 10 km from Karibib town. The mine is the major tax payer, employer and property owner of the town, providing more than 750 jobs and owning 240 residential properties. In 2008, proposals surfaced for a new Cement in Africa, cement works. Karibib is home to the Usab Stadium. and there is a golf course at the Klippenberg Country Club. Transport Karibib is situated on the B2 road (Namibia), B2 national roa ...
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The Namibian
''The Namibian'' is the largest daily newspaper in Namibia. It is published in English and Oshiwambo. History The newspaper was established in 1985 by journalist Gwen Lister as a weekly newspaper reliant on support of donors, which aimed to promote Namibian independence from South Africa. Its first edition appeared on 30 August of that year with a print run of 10,000. ''The Namibian'' became a daily newspaper on 1 April 1989. It is owned by the private trust Free Press of Namibia, managed by its founding editor. On the 15th anniversary of its foundation, United Nations Secretary-General Kofi Annan praised the newspaper: "''The Namibian'' worked courageously in difficult and often dangerous conditions. Since then, it has contributed immeasurably to press freedom and nation-building in Namibia. Throughout, it has maintained its integrity and independent stance." Relations to government Prior to Namibian independence The newspaper exposed human rights violations by South Af ...
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Surface Mines In Namibia
A surface, as the term is most generally used, is the outermost or uppermost layer of a physical object or space. It is the portion or region of the object that can first be perceived by an observer using the senses of sight and touch, and is the portion with which other materials first interact. The surface of an object is more than "a mere geometric solid", but is "filled with, spread over by, or suffused with perceivable qualities such as color and warmth". The concept of surface has been abstracted and formalized in mathematics, specifically in geometry. Depending on the properties on which the emphasis is given, there are several inequivalent such formalizations that are all called ''surface'', sometimes with a qualifier such as algebraic surface, smooth surface or fractal surface. The concept of surface and its mathematical abstractions are both widely used in physics, engineering, computer graphics, and many other disciplines, primarily in representing the surfaces of ph ...
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Gold Mines In Namibia
Gold is a chemical element; it has chemical symbol Au (from Latin ) and atomic number 79. In its pure form, it is a bright, slightly orange-yellow, dense, soft, malleable, and ductile metal. Chemically, gold is a transition metal, a group 11 element, and one of the noble metals. It is one of the least reactive chemical elements, being the second-lowest in the reactivity series. It is solid under standard conditions. Gold often occurs in free elemental (native state), as nuggets or grains, in rocks, veins, and alluvial deposits. It occurs in a solid solution series with the native element silver (as in electrum), naturally alloyed with other metals like copper and palladium, and mineral inclusions such as within pyrite. Less commonly, it occurs in minerals as gold compounds, often with tellurium (gold tellurides). Gold is resistant to most acids, though it does dissolve in aqua regia (a mixture of nitric acid and hydrochloric acid), forming a soluble tetrachloroaurate anion. ...
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United States Dollar
The United States dollar (Currency symbol, symbol: Dollar sign, $; ISO 4217, currency code: USD) is the official currency of the United States and International use of the U.S. dollar, several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish dollar, Spanish silver dollar, divided it into 100 cent (currency), cents, and authorized the Mint (facility), minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The U.S. dollar was originally defined under a bimetallism, bimetallic standard of (0.7734375 troy ounces) fine silver or, from Coinage Act of 1834, 1834, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, its equivalence to gold was revised to $35 per troy ounce. In 1971 all links to gold were repealed. The U.S. dollar became an important intern ...
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Kulczyk Investments
Kulczyk Investments SA (former Kulczyk Investment House SA) is an international investment company, founded by Polish entrepreneur Jan Kulczyk in 2007, focusing on business opportunities in high-growth markets. The company's strategic sectors are energy, infrastructure, chemical industry and mineral resources. Kulczyk Holding SA is responsible for the operations of the group in Poland. History The company was founded in 2007 by Jan Kulczyk. In November 2008, the company announced a change of name from Kulczyk Investment House to Kulczyk Investments. The name of the company comes from the name of the businessman and founder of Kulczyk Holding, Jan Kulczyk, who died on July 29, 2015, and served as chairman of the Supervisory Board of Kulczyk Investments until his death. The company is led by a board which consists of: *Sebastian Kulczyk (chief executive officer); *Mariusz Nowak (Board Member at Kulczyk Investments, board member and chief financial officer at Kulczyk Holding); ...
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The Qatar Investment Authority (QIA; ) is Qatar's sovereign wealth fund. The QIA was founded by the State of Qatar in 2005 to strengthen the country's economy by diversifying into new asset classes. In November 2024, the QIA had an estimated $526 billion of assets under management. The QIA's structure and decision-making procedures have been characterized as non-transparent. Spending decisions regarding the fund have been linked to the emir and the prime minister (regardless of whether they sit on the board of the fund). History and profile The QIA was founded in 2005 by the then- emir of Qatar, Hamad bin Khalifa Al Thani, to manage the oil and natural gas surpluses of the government of Qatar. As a result of its stated strategy to minimize risk from Qatar's reliance on energy prices, the fund predominantly invests in international markets (United States, Europe and Asia-Pacific) and within Qatar outside the energy sector. Prior to establishment of the QIA in 2005, Qatar's Min ...
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AngloGold Ashanti
AngloGold Ashanti Limited is a South African gold mining company, with global operations. With a diverse portfolio of cooperation, projects, and exploration activities, AngloGold Ashanti was formed in 2004 by the merger of AngloGold and the Ashanti Goldfields Corporation. Based on 2023 production, it was the world’s 7th largest gold miner 21 mining operations across four continents, listed on the New York, Johannesburg, Accra, London, and Australian stock exchanges, as well as the Paris and Brussels bourses. The company left the JSE in 2023. AngloGold Ashanti has a history of gross human rights violations and causing grave environmental problems for which it won one of the Public Eye Awards. History AngloGold Ashanti was formed on 26 April 2004, after the High Court of Ghana approved the merger of AngloGold and the Ashanti Goldfields Corporation three days earlier. AngloGold had been a gold mining company based in South Africa, majority-owned by the Anglo American g ...
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Ashanti Goldfields Corporation
The Ashanti Goldfields Corporation is a gold mining company based in Ghana that was founded by Joseph Ellis and Joseph Biney both from Cape Coast. The Ashanti Mine, located at Obuasi, 56 km south of Kumasi, has been producing since 1897. During the turn of the century 1900, the Ashanti Goldfields Corporation was among the most important gold mining companies listed at the London Stock Exchange. The mine is sited on one of the world's major gold deposits and is one of the ten largest in the world. In 1994, the Ghana government, the majority shareholder, announced plans to sell 20-25 percent of its interest in AGC in a share flotation. The company was listed on the London and Ghana stock exchanges. It was the largest flotation ever organised by any gold mining company coordinating and advisory team alone numbered over 200 people. Each of the company's 10,000 employees received five free shares. In 1996 AGC was listed on the New York Stock Exchange to raise new capital, it wa ...
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Namibia uses regions as its first-level subnational administrative divisions. Since 2013, it has 14 regions which in turn are subdivided into Constituencies of Namibia, 121 constituencies. Upon Independence of Namibia, Namibian independence, the pre-existing subdivisions from the South African administration were taken over. Since then, demarcations and numbers of regions and constituencies of Namibia are tabled by delimitation commissions and accepted or declined by the National Assembly of Namibia, National Assembly. In 1992, the ''1st Delimitation Commission'', chaired by Judge President Johan Strydom, proposed that Namibia should be divided into 13 regions. The suggestion was approved in the lower house, The National Assembly. In 2014, the ''4th Delimitation Commission'' amended the number of regions to fourteen. The most urbanised and economically active regions are the Khomas and Erongo region, with Khomas home to the capital, Windhoek, and Erongo home to Walvis Bay and ...
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AngloGold
AngloGold Ashanti Limited is a South Africa, South African gold mining company, with global operations. With a diverse portfolio of cooperation, projects, and exploration activities, AngloGold Ashanti was formed in 2004 by the merger of AngloGold and the Ashanti Goldfields Corporation. Based on 2023 production, it was the world’s 7th largest Largest gold companies, gold miner 21 mining operations across four continents, listed on the NYSE, New York, Johannesburg, Accra, London, and Australia (continent), Australian stock exchanges, as well as the Paris and City of Brussels, Brussels bourses. The company left the Johannesburg Stock Exchange, JSE in 2023. AngloGold Ashanti has a history of gross human rights violations and causing grave environmental problems for which it won one of the Public Eye Awards. History AngloGold Ashanti was formed on 26 April 2004, after the High Court of Ghana approved the merger of AngloGold and the Ashanti Goldfields Corporation three days earlie ...
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