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PEA estimates 400M tonnes of resources at Haib Copper Project.

An updated preliminary economic assessment (PEA), conducted by METS Engineering Group has indicated mineral resource of 456.9-million tonnes and a grade of 0.31% copper at Haib Copper Project in Namibia. Deep-South Resources reports that using a heap leach treatment operation, its open-pit copper project demonstrates robust economics. The inferred resource …

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African miners partner White Metal Resources for copper exploration in Namibia

African mining companies have entered into a partnership with Canadian company that will see parties working together on examining small scale possibilities in Namibia. According to a press statement, White Metal Resources (TSXV: WHM), Luxury Investments One Hundred and Ninety-Two, Kalahari Copper and Newco Management Team of South Africa signed …

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Higher grade cobalt mineralisation apparent at Celsius’ Opuwo Mine

Australian mining company Celsius Resources this week provided an update on ongoing exploration activities at its 95% owned Opuwo Cobalt Project in the country. In a statement on the company’s website, Celcius said that a zone of higher grade cobalt mineralisation is apparent in the latest drilling results, and is …

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Rare Earths mobilizes airborne survey over Kunene project

Namibia Rare Earths Inc. has contracted SkyTEM Surveys ApS (SkyTEM) to carry out a detailed airborne electromagnetic and magnetic survey covering all the previously identified cobalt targets on its Kunene Cobalt-Copper Project in northern Namibia. According to the company, the survey will cover over 600 km2 and comprises 3,700 line …

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Rare Earths’ finance search swells

Namibia Rare Earths Inc has increased private placement to Cdn$4,000,000, as the company raise capital to fund Kunene Cobalt-Copper. The development comes as a result of investor interest in the company. Rare Earths is increasing the non-brokered private placement previously announced in March from a maximum of Cdn$3,000,000 to a …

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Copper prices to hit ‘rock bottom’ in next two years

Global copper markets will be oversupplied for at least two years, executives at some of the world’s major producers of the metal and traders said recently, casting doubt on the chances of a prolonged rally in prices. That tempered assessment of the market at an industry conference in Shanghai came …

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Planned resumption at Matchless, Otjihase mines

Weatherly plc is planning a resumption of activities at its dormant Matchless and Otjihase mines, Weatherly believing that the discontinued operations still offer much promise it said this week. “Otjihase, Matchless West and Old Matchless, still represent a significant opportunity for the Weatherly. Plans are being prepared to support a …

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Botswana government eyes own copper smelter

An Australian company with a stake in one of Botswana’s best copper discoveries this year says it wants to get to a final decision to start a prefeasibility study before the end of the year. The company’s representative also told delegates at an Australian mining conference that the Botswana government …

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Positive progress at Kombat copper mine

Canadian exploration and development company Kombat Copper president and CEO Paul Bozoki is confident that the Kombat copper mine, in the Otavi Mountainlands of Namibia, will start production in late 2016 and begin generating cash flow for the company. The Kombat mine historically produced 12.46-million tonnes of copper at an …

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Nambian operation delivers improved copper cathode production

Aim-listed mining company Weatherly International’s Tschudi mine, in Namibia, has achieved a production of copper cathode of 4% above the mine’s nameplate production rate of 17 000 t/y. The mine produced 4 442 t of copper cathode in the quarter ended March 31, the company reported in a statement earlier …

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