Mining operations may be conducted in terms of a mining claim or a mining licence. Only the holder of a valid Non-Exclusive Prospecting Licence (NEPL) is allowed to peg a mining claim, which may not be bigger than three hundred metres by six hundred metres. Mining claims are granted to Namibian citizens older than 18 years or to companies wholly-owned by Namibian citizens. However, a mining claim holder may choose to contract a foreigner or a company owned by foreigners to prospect and mine. 
The holder of an Exclusive Prospecting Licence (EPL) may apply for a mining licence over the prospecting area. There are no restrictions on foreign participation for holding an EPL or Mining Licence (ML).
"Definitions
1. (1) In this Act unless the context indicates otherwise -[...]
“claim” means an area of land which has been pegged as a claim in accordance with the provisions of Part VI;[...]
“company” means -
(a) a company as defined in section 1 of the Companies Act 1973 (Act 61 of 1973) [The Companies Act 61 of 1973 has been replaced by the Companies Act 28 of 2004.], including an external company as so defined to which a certificate of registration has been issued in terms of section 322(2) of that Act; or
(b) a juristic person established by or under any law in force in Namibia; [...]
“mineral” means any substance, whether in solid, liquid or gaseous form, occurring naturally in, on or under any land and having been formed by, or subjected to, a geological process, excluding - [...] (b) petroleum, as defined in section 1 of the Petroleum (Exploration and Production Act), 1991 (Act 2 of 1991); or [...]
[...]
Persons who may peg claims
25. (1) No person shall peg any claim, unless such person is the holder of a nonexclusive prospecting licence or, with the permission of the Minister referred to in subsection (2), an exclusive prospecting licence, and such person -
(a) is a Namibian citizen; or 
(b) is, in the case of a company referred to in paragraph (a) of the definition of “company” in section 1, a company whose articles of association contain a provision providing - (i) that only Namibian citizens may own shares in such company; (ii) that only another company whose articles of association contain such a provision may own shares in such first-mentioned company; or (iii) that only Namibian citizens and a company referred to in subparagraph (ii) may own shares in such first-mentioned company; or 
(c) is a company referred to in paragraph (b) of the definition of “company” in section 1.
(2) (a) The Minister may, upon an application made by the holder of an exclusive prospecting licence contemplated in subsection (1) and if the Minister deems it desirable in the interests of the development of the mineral resources of Namibia, grant such holder permission to peg a claim. [...]
(3) Notwithstanding the provisions of subsection (1), the Minister may, upon an application made to him or her in such form as may be determined in writing by the Minister and if the Minister deems it desirable in the interests of the development of the mineral resources of Namibia, declare by notice in the Gazette that any company other than a company referred to in paragraph (b) or (c) of subsection (1) shall, for purposes of this section, be deemed, either generally or in respect of any particular claim, to be a company referred to in the said paragraph (b).
[...]
Manner of pegging of claims
28. (1) Subject to the provisions of subsection (2), a claim -
(a) shall be of rectangular shape of which the dimensions of its longer an shorter sides shall measure horizontally 600 and 300 metres, respectively;
(b) shall not include portions of land which are not contiguous to each other.
[...]
PART VII - Provisions relating to mining claims
Rights of holders of mining claims
31. (1) Subject to the provisions of this Act and the terms and conditions subject to which any mining claim has been registered, the holder of a mining claim shall be entitled -
(a) to carry on mining operations on such mining claim for any mineral or group of minerals in respect of which such mining claim has been registered;[...]" (Minerals (Prospecting and Mining) Act 33 of 1992. as amended)
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"2.2. TYPES OF MINERAL RIGHTS [...]
2.2.2. Mining Claims (MC)
Mining claims are granted to Namibian citizens or to companies owned by Namibian citizens. However, a mining claim holder may choose to contract a foreigner or a company owned by foreigners to prospect and mine. An individual or a company can only be awarded a maximum of ten (10) mining claims at a time. The registration of a mining claim is subject to an Environmental Clearance Certificate, issued by Ministry of Environment and Tourism.[...]" (LICENCES, RIGHTS AND PERMITS: APPLICATION GUIDELINES AND ASSESSMENT PROCEDURES, 2019)
Minerals (Prospecting and Mining) Act 33 of 1992
LICENCES, RIGHTS AND PERMITS: APPLICATION GUIDELINES AND ASSESSMENT PROCEDURES, 2019
[<a href="https://www.lac.org.na/laws/annoSTAT/Minerals%20(Prospecting%20and%20Mining)%20Act%2033%20of%201992.pdf">Act</a>],[<a href="https://mme.gov.na/files/publications/e1c_MME_A5_FINAL_2019.pdf">Guideline</a>],[<a href="https://www.lexafrica.com/wp-content/uploads/2019/06/Guide-to-Mining-in-Namibia.pdf">Other</a>]