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Mining in Namibia
Mining is the biggest contributor to Namibia's economy in terms of revenue. It accounts for 25% of the country's income. Its contribution to the gross domestic product (10.4% in 2009, 8.5% in 2010, 9.5% in 2011) is also very important and makes it one of the largest economic sectors of the country. The majority of revenue (7.2% of GDP in 2011) comes from diamond mining.
==Legal framework==
Namibia’s 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.〔Philip M. Mobbs. ("The Mineral Industry of Namibia" ). ''2006 Minerals Yearbook''. U.S. Geological Survey (April 2008). ''This article incorporates text from this U.S. government source, which is in the public domain.〕
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.〔
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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