Trigon raises cash for Namibia copper mine restart
2021-08-30 12:01:05 [Print]
Canadian Trigon Metals plans to raise C$5-million to fund the restart of the Kombat copper mine in the Otavi mountainlands of Namibia.
The company plans to restart openpit mining at Kombat in late 2021. Its initial target is to produce 4 000 t of copper in concentrate for 2022, by accessing ore from the openpit. This will increase to 14 500 t of copper in concentrate in 2024, when higher grade underground ore will be accessed.
Trigon's Kombat project has a combined openpit and underground indicated mineral resources of 12.2-million tonnes at 1.94% copper, 13.65 g/t silver and 0.70% lead.
The company plans to restart openpit mining at Kombat in late 2021. Its initial target is to produce 4 000 t of copper in concentrate for 2022, by accessing ore from the openpit. This will increase to 14 500 t of copper in concentrate in 2024, when higher grade underground ore will be accessed.
Trigon's Kombat project has a combined openpit and underground indicated mineral resources of 12.2-million tonnes at 1.94% copper, 13.65 g/t silver and 0.70% lead.
Copper Conc. 20%min Delivered China
Unit:RMB/mt Cu
China's copper rod producers' suspension number statistics by province by month
Unit: pcs
