Thursday , December 1 2022

Copper

New mineralization targets discovered at Kombat

Trigon Metals has announced results from drilling of new mineralization targets at Kombat Mine. According to the company, the results are from the East 400 area, 150 metres east of the of the Kavango Pit, extending the Kombat trend mineralization and ties together some isolated drilling that had occurred in …

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Mining’s Energy Transition Dependent on New Copper Sourcing

As the demand for copper surges amid the energy transition, mining experts expect supply deficits to emerge in coming years, in part due to lacklustre investment in exploration and construction of new copper mines. Mining company executives’ preference for safe, short-term returns has led to a massive underinvestment in new …

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New mining activities set to spur Namibian economy

Economic analysts believe that the industrial sector is set to benefit from planned expansions of existing diamond, gold, and tin mining operations; the possible resuscitation of mothballed zinc, copper, and uranium mines; and the development of new ‘battery mineral’ mines. Namibia’s prospects look more positive as growth is expected to …

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Kombat Copper Mine opens after 14-year hiatus

Trigon Metals, based in Canada, announced that its Kombat copper mine in Namibia has reopened after a 14-year hiatus. Kombat is expected to produce 4,000 tonnes of copper concentrate in 2022, according to Trigon. By adding an underground mine in 2024, the company expects to produce 14,500t. Last year, Trigon …

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Deep-South Resources has successfully barred anyone else from exploring the Haib copper property in Namibia

While its legal fight over a denied license renewal continues, Deep-South Resources has successfully barred anyone else from exploring the Haib copper property in Namibia. In July, the Canadian corporation moved for an immediate interdict to prevent the grant of a license over the same territory, as well as a …

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Mines Minister taken to court in another mining-license snafu

According to Namibia media reports, Tom Alweendo, the Minister of Mines and Energy, is embroiled in yet another license glitch after being taken to court recently. David Shikwambi (83) accuses the minister of attempting to deprive him of two exclusive prospecting licences (EPLs) whose renewal had been denied. Deep-South Resources …

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Trigon Metals mining licence renewed

Now that the mining licence has been renewed for 10 years, Trigon Metals is aiming to start copper production before year-end at its flagship, 80%-owned Kombat project in Namibia. “The renewal of our licence at Kombat marks a key milestone as we prepare to commence copper production by the end …

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Work at Namibia copper-silver project set to commence

White Metal Resources (TSXV: WHM) has announced that it has concluded a transaction with Noronex (ASX: NRX) relating to its Namibian Kalahari Copper Belt ventures, in particular the copper-silver DorWit project. In connection, Noronex has been assigned the rights to the original earn-in agreement made with RZJ Capital Management under …

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Virus vaccine hopes propel copper to a two-year high

Base metals have climbed this month on signs of progress in developing a drug to combat Covid-19, which would help economies reopen and global growth recover. But there are still immediate fears that fresh lockdowns – especially in the US – could bring renewed pressure on economic activity. The Trump …

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