Koryx Copper Provides Project Development Update For The Haib Copper Project, Southern Namibia  marketscreener.com

Dark Star Executes Definitive Agreement to Acquire Critical One's Interest in the Cobra North and Khan West Uranium Projects in Namibia  Newsfile

Midas Minerals plans to hit the ground running at the high-grade Otavi copper project in Namibia after making what it says is a company-changing acquisition. The Western Australian gold and lithium explorer is acquiring 10 exclusive prospecting licences at Otavi from leading Brazilian base metals producer Nexa Resources. The project

Dark Star Minerals has paid US$10,000 ($15,332) and issued 200,000 shares to Critical One Energy to acquire the Cobra North and Khan West projects in Namibia. Earlier in June 2025, the Canadian explorer signed a non-binding letter of intent with Critical One to acquire both projects for a total of

Chamwe Kaira Andrada Mining continues to show strong operational progress at its Uis site in the Erongo Region, reinforcing its role in Namibia’s critical minerals sector. Chief Executive Officer Anthony Viljoen said the first quarter of 2025 saw solid performance improvements at the Uis operation. These gains were supported by upgrades made through the company’s continuous improvement programme, including modifications to the Dense Media Separation (DMS) circuit. He said these changes led to higher processing rates and increased tin production, showing improved operational efficiency and reliability. “Production of our increasingly valuable byproduct tantalum improved notably, reinforcing our multi-mineral offering,” said Viljoen. He added that operational cost performance improved due to proactive cost-reduction measures, including the completion of a group-wide corporate restructuring aimed at lowering the cost base and improving profitability. Construction of a new jig plant is also progressing. Viljoen said the front-end crushing circuit has been delivered to Uis and commissioned, while other components are either being fabricated or in transit. Civil works have been completed. “Initial production is targeted to commence in the second half of the 2025 calendar year, aligning with project timelines and supporting the company’s growth objectives,” he said. During the quarter, the company processed 254,745 tonnes of ore, a 7% year-on-year increase and a 4% rise from the previous quarter. Viljoen said this marks a significant milestone in the company’s tin expansion strategy. Tantalum output also increased, driven by higher feed grades and the reprocessing of off-spec material. About 12 tonnes of concentrate were produced, containing 1.4 tonnes of tantalum. “Of this, 10 tonnes of concentrate were shipped to Afrimet during the period, reflecting ongoing offtake execution and consistent production delivery,” he said. On lithium development, Viljoen said the work plan and budget for Stage 1 of Lithium Ridge have been finalised. This triggered the drawdown of a US$7 million funding facility to support exploration and drilling. Regarding the Lithium Pilot Plant, Viljoen said talks with potential off-takers are ongoing and commercial discussions are progressing, despite a challenging pricing environment.

Jefferies cuts Paladin Energy's production forecast after Namibia mine flooding  TradingView

Chamwe Kaira  Gecko Gold Mining plans to explore copper, zinc, gold, and precious stones in the Otjozondjupa Region. The company aims to contribute to the country’s socio-economic development through mining. Mining is Namibia’s leading economic sector, accounting for about 10% of the country’s gross domestic product each year. Gecko said the prospecting and exploration activities could boost other sectors and create temporary jobs. The company also expects to generate mineral rights levies, taxes for the government, and business opportunities for local small and medium enterprises. The company sees mining as a source of trained workers and small businesses that support communities and may lead to related ventures. Gecko plans to apply for an Environmental Clearance Certificate for the exploration work. Serja Hydrogeo-Environmental Consultants will conduct the Environmental Scoping Assessment for the proposed activities on Exclusive Prospecting Licence (EPL) No. 8345 near Otjiwarongo in Otjozondjupa. Gecko applied to the Ministry of Industries, Mines and Energy (MIME) in September 2020 for rights to prospect and explore under EPL No. 8345. Approval depends on receiving the Environmental Clearance Certificate. If granted the EPL, Gecko intends to explore for base and rare metals such as copper and zinc, industrial minerals like gypsum and graphite, precious metals including gold, and semi-precious stones like amethyst found in the area. The company will not conduct explorations within 1.5 kilometres of farmhouses, tourism facilities, or other buildings on farms. It will also maintain a 100-metre buffer zone around archaeologically sensitive sites and avoid exploring those areas. “It is important to note that the proposed activities will be done at a very small-scale level on targeted sites of the EPL towards exploration and not mining. Thus, this environmental assessment is for exploration activities only, but not for mining activities.” Gecko believes successful exploration could lead to mining economically viable commodities based on the results.

Hertta-Maria Amutenja Indian Prime Minister Narendra Modi is expected to arrive in Namibia on 9 July.  This will be the first visit by an Indian prime minister to the country in 27 years. The visit is expected to focus on strengthening cooperation in diamonds, uranium, critical minerals, trade, and investment.  It comes as India moves to expand its access to strategic resources needed for its energy transition, electric vehicle production, and nuclear energy plans. Namibia, known for its reserves of marine diamonds, uranium, lithium, cobalt, and rare earth elements, is becoming an important partner in India’s Africa strategy. Modi’s schedule includes one-on-one talks with President Netumbo Nandi-Ndaitwah, high-level delegation discussions, and an address to the parliament. India is already a major buyer of Namibian diamonds, but current trade is routed through hubs like Antwerp and London.  The visit is expected to lay the foundation for direct diamond trade between Namibia and India, cutting out intermediaries and increasing returns for both countries. In the broader mining sector, discussions are expected to cover long-term uranium supply deals.  India has shown interest in securing uranium from Namibia to support its nuclear energy programme. India has invested over US$800 million in Namibia, covering mining, diamond processing, manufacturing, and services.  The Namibia Investment Promotion and Development Board (NIPDB) said Modi’s visit could lead to new partnerships in green industrialisation and mineral processing. Questions sent to presidential press secretary Alfredo Hengari were not answered by the time of publication. Modi’s stop in Namibia forms part of a five-nation tour that includes Ghana, Brazil, Argentina, and Trinidad & Tobago.

Midas Minerals Limited announced a significant acquisition of the Otavi Copper Project in Namibia from Nexa Resources, marking a transformative step for the company. This acquisition includes exclusive prospecting licenses over a 1,776 square kilometer area with high-grade copper, silver, and gold deposits. The company plans to initiate resource definition

Koryx Copper Reports Latest Assays from Haib Copper Project in Namibia  MarketScreener

Canadian company Koryx Copper has made significant progress at its Haib copper project situated in southern Namibia. According to a statement issued by the company’s president and chief executive, Heye Daun, the results are encouraging, including an 89% average flotation recovery from 120-150µm grind size that yielded clean concentrate with a grade of 20-25% copper. These are being incorporated in the preliminary economic assessment (PEA) report to be published in the third quarter of this year. “We are very pleased with the substantial progress we have made with the met test work, process flowsheet and infrastructure development aspects of the Haib copper project during the last six months,” Daun says. Haib is an advanced-stage copper/molybdenum project that is envisaged to produce clean copper concentrate via conventional crushing, milling and flotation, with the potential for additional copper production via heap leaching, he says. “We have multiple world-class engineering consultants (from especially South Africa, Namibia and Chile) in the final stages of this study and we are expediting our drill programme to produce an improved mineral resource and capture additional project value through an enhanced technical study during the first half of 2026. “As we incrementally de-risk and improve the Haib copper project, our confidence continues to grow that we will turn this formerly forgotten project into Africa’s next simple, but large and world-class copper mine,” Daun says. Koryx’s metallurgical test programme has made excellent progress since January. “The concept of using and enhancing historical process steps, test parameters and reagent suites that had previously been tested by others including Rio Tinto, Teck, and Great Fitzroy Mines over a 25-year period proved to be very effective,” notes Daun. He adds that multiple samples from various locations within the mineralised system and with a range of copper, molybdenum and gold content in each sample were tested using enhanced historical parameters to improve copper recovery or reduce costs. “All minerals processing tests needed to support a PEA for the project have either been completed or will be completed by July. Supplementary heap leaching testing will only be completed in 2026,” Daun says. The infill and expansion drilling is ongoing, with four rigs on-site and additional four to mobilise in the third quarter of 2025, with the current 55 000m programme to be completed in the first quarter of 2026. Daun says water and power supply studies indicate that approximately 120MW of average power demand for milling and flotation and 20Mm3 pa of water supply will be required. Koryx corporate and site infrastructure now includes a total permanent staff complement of more than 50, including 12 geologists and four engineers, four diamond drill rigs, plus various earth moving vehicles for road and drill pad preparation. – email: [email protected] The post Koryx records progress at Haib copper mine appeared first on The Namibian.

Modi’s visit to cement Namibia mining ties – News Stand  Windhoek Observer

Andrada Mining inks ore acquisition agreement at Goantagab in Namibia  marketscreener.com

Trigon Metals Defines Key Exploration Targets on Its Kalahari Copper Project, Namibia  Junior Mining Network

Koryx Copper Receives Additional Encouraging Drill Results at the Haib Copper Project, Southern Namibia  TradingView

Koryx Copper Announces Further Highly Encouraging Drill Results at the Haib Copper Project, Southern Namibia  StreetInsider

Paladin Energy retracts 2025 forecast due to Namibia mine disruption  MINING.com

Justicia Shipena Six exclusive prospecting licences (EPLs) held by gold mining companies exceeded the legal seven-year renewal limit without ministerial approval.  This is one of several violations uncovered by a government audit released by the Office of the Auditor General. The audit reviewed the licenses and operations of QKR Namibia, Navachab Gold Mine, B2Gold Namibia, and Osino Gold Exploration and Mining.  It assessed their compliance with mineral licensing laws between the 2020/2021 and 2022/2023 financial years. Auditor general Junias Kandjeke said some companies failed to reduce their exploration areas during renewal as required.  The audit also found weak enforcement of licence conditions and poor oversight by the ministry of mines and energy. “The audit revealed notable deficiencies in the enforcement and compliance of mining licence terms and conditions, especially regarding the disclosure of beneficial ownership and obligations to promote local skills development,” Kandjeke said. QKR Namibia and B2Gold Namibia did not comply with section 50(e) of the Minerals Act. The act requires cooperation with local stakeholders for skills and technology development.  Meanwhile, QKR also failed to meet section 50(c) requirements for two consecutive years. The audit flagged transparency issues in ownership structures.  QKR Namibia’s ownership was listed as 92.5% multinational and 7.5% Namibian, but the company did not provide documents to confirm who owns the multinational share.  B2Gold’s official ownership is recorded as 90% Mauritian and 10% Namibian. The company claimed its parent company is Canadian but submitted no proof, according to Kandjeke.  The report noted that Osino missed the one-month deadline to accept extra licence conditions.  It also failed to submit a clear shareholding structure, raising questions about how local stakeholders will benefit. The report also found that the mines and energy ministry was also found to be non-compliant.  Kandjeke said the ministry could not provide documents that guide local participation, beneficiation, and research and development.  Only B2Gold consistently met capacity-building targets in all three years. QKR met the target in 2022/2023. Osino has not yet been evaluated, as it is still in the exploration stage. “It is essential that the ministry ensures the timely submission of documents, facilitates transparency in ownership structures, and fosters sustainable development through local beneficiation,” Kanjeke said. Namibia’s gold sector plays a vital economic role.  In 2023, gold output rose by 31%, reaching 9,800 kilograms. The sector’s GDP contribution grew from 9% in 2021 to 14.4% in 2023, driven by higher production from Navachab and Otjikoto mines.

Koryx Copper Inc. has reported promising drill results from its Haib Copper Project in Southern Namibia, potentially signaling a significant development in the region's mining sector [1][2][3].The com

Trigon Defines Key Exploration Targets on Its Kalahari Copper Project, Namibia  Bluefield Daily Telegraph

Noronex Begins Diamond Drilling at Fiesta Copper Project in Namibia  TipRanks

B2Gold slashes jobs as Namibia mine production winds down  Mugglehead Magazine

Nedbank Namibia has announced the successful conclusion of a funding deal with Trollope Contractors Namibia (Pty) Ltd, an affiliate to the South African-based Trollope Mining Group. The deal marks the beginning of a strategic partnership aimed at advancing Namibia’s mining sector. The funding package, which includes asset-based finance and working

Chamwe Kaira Koryx Copper Incorporated has released assay results from seven drill holes, covering 2 986 metres, as part of its phase 2, 3 and 4 drill programme at the Haib Copper Project in southern Namibia.  The programme forms part of the company’s 2025 exploration and project development strategy. Heye Daun, Koryx Copper’s President and CEO, said the results confirm the company’s drilling strategy.  “We continue to be highly encouraged by the results of our ongoing drill programme. Our strategy of drilling close spaced and deeper holes is paying dividends as we are seeing mineralisation extending down dip and along strike into areas previously classified as waste.” Haib is an advanced-stage copper, molybdenum and gold project. It is planned to produce copper concentrate through a conventional crushing, milling and flotation process, with the potential for extra copper production through heap leaching. Daun said the growing resource potential, combined with the conventional flowsheet, could transform Haib into a low risk, long life open pit copper project.  “The potential improvement in mineral resources together with the conventional mill/float metallurgical flowsheet should further transform the Haib project into a robust, low risk, long life, world-class open pit copper development project with serious scale potential,” he said. As part of its mining licence application, Koryx recently completed a Preliminary Economic Assessment (PEA) of the techno-economic feasibility of the project and expects to publish the results in September.  This PEA is based on the mineral resource estimate dated 23 October 2024 and excludes new drilling and geological modelling work done since then. Daun said the new study reflects progress by the Koryx technical team in metallurgical test work and process development since the last PEA in December 2021.  “This updated PEA will reflect an improved, low risk process flowsheet utilizing mainly conventional milling and flotation, instead of the previously envisaged bacterial heap leaching, and it reflects all of the progress made with respect to metallurgical test work, infrastructure trade-offs and de-risking and significant progress with respect to pre-concentration and sorting of mineralised material,” he said. The company expects the current infill and expansion drill programme, along with geological modelling and mine planning, to be completed in the first half of 2026.  An updated mineral resource estimate is set for release later that year, followed by a PFS-level technical study in the second half of 2026. “With the anticipated mineral resource and processing improvements to be completed by then, the next technical study has the potential to very significantly further improve the technical and economic results pertaining to the Haib copper project. This is what Koryx Copper is working towards,” said Daun.