First shipments of copper concentrate from Kombat mine in Namibia
Trigon Metals has announced the first shipments of copper concentrate from its Kombat copper mine in Namibia. The company said that the first truck load contained 31 dry metric tonnes of concentrate, grading 20.41% copper and 265 g/t silver.
The truckload is the first of 400 tonnes of concentrate now produced and stockpiled at the Kombat Mine. The balance of the concentrate will be moved to the IXM warehouse and booked as sold this week, Trigon added.
President & CEO Jed Richardson stated, “Congratulations to the team, as they have achieved another tremendous milestone at Kombat. Overall, we have met our numerous goals in a fast-moving process. Commissioning continues on all levels and, following the initial strong performance of the mill announced in January, we have been pushing the mill towards stronger recoveries and continuous operation.”
He added that the mill “is now hitting its stride, we are operating at a steady state 70% capacity, producing over 35 tonnes of concentrate per day. We are working our way to a declaration of commercial production.”
Importantly, Trigon pointed out that global merchandizer IXM will make provisional payment for tonnes of copper concentrate delivered to port.
“On May 6, 2021 Trigon announced it had begun the purchases needed to restart the Kombat mine, ten months hence, the mine is generating its first revenues,” the company said in a statement.
Trigon is a publicly traded Canadian copper mining company, with its core business focused on copper and silver holdings in mine-friendly African jurisdictions. Currently the company has operations in Namibia and Morocco.
The 80% owned Kombat mine in Namibia is the flagship operation where production is forecast to grow to over 30 million pounds of copper produced annually using open pit and underground mining methods.
