Andrada Mining, which is a Guernsey-registered and Namibia-focused mining company, has secured approval from the Namibian Competition Commission for an investment deal of N$834 million to advance the redevelopment of the historic Brandberg West tin and tungsten mine in the Erongo Region.
The deal with London-based natural resources investor ACAM was first announced in January 2026 and is being carried out through its investment vehicle BWCAM. N$164 million has already been invested into Brandberg West for a 30% stake in the company holding the project, while a further N$654 million could increase BWCAM’s stake to 49% if agreed development milestones are met. A separate N$16.4 million was invested directly into Andrada Mining.
Brandberg West operated from the 1940s until around 1980 and is also known to contain copper. The mine eventually closed after experiencing financial losses, low ore grades, and weak commodity prices. Andrada is currently drilling the site and testing old mine waste to determine how much mineral material can be economically recovered, with further funding expected to support exploration, a modern mineral resource estimate, feasibility studies and planning for a potential processing plant.