OPUWO: Namibia East China Non-Ferrous Investment, a mining company, says it has discovered large deposits of iron ore in the Kunene Region.

The General Manager of Namibia East China Non-Ferrous Investment, Ming Li said they discovered a deposit of 2.37 billion tonnes of iron ore which has a lifespan of about 100 years, even if the resources were to be mined at a fast rate of 20 million tonnes per year.

Ming gave this information to the Deputy Minister of Trade and Industry, Tjekero Tweya who was at the exploration camp in the Kunene Region on Saturday, to gain first-hand information about the discovery.

The discovery was made some 30 kilometers south of the main town of Opuwo, at Orumana village.

According to the geologists on site, the iron ore runs from the northeast to the southwest direction for a distance of seven kilometers, and it covers a thick layer of about 160 metres in depth.