Copper

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 …

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 …

While giving one of the most bullish forecasts yet for copper, a leading metals trader said copper could surge above a record to $12 000 a ton in 18 months on new demand from green initiatives. The bellwether material has already doubled since a nadir in March to reach a …

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 …

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 …

White Metal Resources has revealed that the primary objective of the 2020-21 exploration programme is to update historical mineral resources in the Okohongo deposit and complete a technical report and mineral resource estimate compliant with The National Instrument 43-101 (NI 43-101). The TSX-listed company has initiated its 2020-21 exploration programme …

Mineral resources at Kombat copper project in Namibia are now up with more than 450% from the 7 million tonnes previously calculated in 2018. According to Trigon Metals (TSXV: TM), the total mineral resources are estimated to be at 39.1 million tonnes (including inferred resources). Earlier this month, Trigon outlined …

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 …

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 …

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 …