Abigail Popple, Local Journalism Initiative Reporter, The Rocky Mountain Goat The Thompson Nicola Regional District boasts temperate rainforests, vast plateaus and expansive deserts. It’s also home to a wealth of copper deposits sitting just outside of Dunn Peak Park. Copper mining company Taseko Mines Ltd. is in the early stages of B.C.’s environmental assessment process,

Dialogue with the company will start after an upcoming audit is completed, Commerce Minister Julio Moltó said.

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.

Koryx Copper Announces Further Drill Assay Results  GlobeNewswire

By Lucila Sigal SAN JUAN (Reuters) -Argentina holds rich copper deposits in the mountainous north along the Chilean border, but, unlike its mining powerhouse neighbor, has not built power lines and roads needed for new projects backed by miners such as BHP and Rio Tinto (NYSE:RIO). President Javier Milei’s austerity campaign to clamp down on inflation and debt means the South American country is up against bigger challenges than most countries to build the infrastructure needed by mines worldwide. Unconventional ideas, such as sharing infrastructure between miners or paying for it with royalties, will likely be part of the solution. "The government said it won’t provide any funding, but that doesn’t mean it isn’t responsible for getting things done," said Roberto Cacciola, president of Argentina’s mining chamber, who is urging authorities to step up efforts to ensure infrastructure gets built. Argentina exports gold, silver, and lithium but has not produced copper since 2018. Milei’s administration, as well as governors who control local development, are banking on copper to help stabilize the country’s volatile economy, just as mining companies worldwide seek to boost output to cover a looming supply gap for the metal widely used in construction and electric vehicles. A federal official said the government is assessing infrastructure needs nationwide and identifying ways the private sector could play a role. Eight copper projects in Argentina could bring total mining export value to $15.4 billion by 2030, according to a government forecast. That would more than triple last year’s figure and make the sector one of the country’s largest net foreign exchange earners. Copper projects alone could reel in $5.2 billion by 2030, if they reach the government’s projection of producing 521,000 metric tons a year. The copper projects are concentrated in the northern province of San Juan, which some call the "Vaca Muerta of copper," an allusion to Argentina’s shale oil and gas field the size of Belgium. San Juan enacted a compensation program in 2022 that could help get infrastructure built. It allows mining companies that develop road or energy infrastructure to be repaid with mining royalties if provincial legislators deem the project a "public utility." Miners normally pay royalties to governments. The Vicuna project, from global miner BHP and Canada’s Lundin, hopes to use the provision, said Vicuna’s Argentina director Jose Morea. "That speeds up investments that the private sector is currently in a position to make ... which the provincial government would probably have to defer otherwise," he said in an interview. Vicuna consists of two mines, Filo del Sol and the more advanced Josemaria, which could become one of the region’s first projects to start production. The $5-billion mine will need a 220-kilometer (137-mile) road - a distance of about two or three hours by car - to reach operations at an altitude of 4,200 meters (13,780 feet) in the Andes Mountains. It will also require a high-voltage power transmission line at a scale that could support a large city. SHARING INFRASTRUCTURE Some miners are exploring other ways to reduce costs. McEwen Mining (NYSE:MUX)’s Los Azules is looking at sharing infrastructure with nearby projects and has consulted the Inter-American Development Bank about infrastructure loans. Some business leaders want the government to turn over more projects, such as railways and road maintenance, to the private sector through public tenders or public-private partnerships, said Nicolas Munoz, a copper supply analyst at consultancy CRU. "It’s feasible to think that private companies will assume these costs and see a business opportunity," Munoz said. There are already signs of interest from the mining sector, such as global miner Rio Tinto, which recently took over U.S.-based Arcadium’s lithium mines in Argentina and is developing another of its own in the country. According to a public register of lobbyist meetings, Rio held a meeting with Argentina’s mining secretary in June after expressing interest in bidding for the state’s Belgrano Cargas railway, which the government said in February it would privatize. Rio Tinto did not have an immediate comment. Rio Tinto is also backing McEwen’s Los Azules and Aldebaran’s Altar copper projects through shares owned by its leaching technology arm, Nuton. Some governors are still looking to the federal government to take part of the burden. Governor Gustavo Saenz of Salta, where Canada’s First Quantum Minerals (OTC:FQVLF) wants to develop the Taca Taca copper mine, said aqueducts, roads, and gas pipelines will pay off. "We need them to give us ... everything necessary so that those who want to come and invest can do so," he said this week at the Argentina Copper 2025 conference in San Juan. With 0P6E making headlines, savvy investors are asking: Is it truly valued fairly? In a market full of overpriced darlings, identifying true value can be challenging. InvestingPro's advanced AI algorithms have analyzed 0P6E alongside thousands of other stocks to uncover hidden gems. These undervalued stocks, potentially including 0P6E, could offer substantial returns as the market corrects. In 2024 alone, our AI identified several undervalued stocks that later surged by 30 or more. Is 0P6E poised for similar growth? Don't miss the opportunity to find out.

Golden Deeps unleashes monster copper-silver grades in Namibia  The Sydney Morning Herald

Askari sharpens focus on African gold and copper with major moves in Ethiopia and Namibia  Proactive Investors

Noronex Limited and its joint venture partner South32 are gearing up to kick off a 7000-metre drilling program in search of copper at their joint Humpback-Damara project in the southwestern African country of Namibia. A contract has been signed for an extensive drilling campaign, which the joint venture partners expect

Midas Minerals Uncovers Extensive Copper Mineralization in Namibia  TipRanks

Investing.com -- Morgan Stanley has revised its copper mining stock ratings, citing macroeconomic uncertainty, stretched valuations, and commodity-specific risks. The firm downgraded Teck Resources (NYSE:TECK) and Freeport-McMoran to Equal-weight, and Southern Copper (NYSE:SCCO) and Nexa Resources (NYSE:NEXA) to Underweight, while upgrading Grupo México to Overweight. “The copper equities under our coverage have outperformed LME copper price by 28pct. pts. since April 8th,” Morgan Stanley wrote, adding that “risk-reward is less compelling” amid expected consolidation in copper prices. The firm anticipates that LME copper will “face a period of consolidation or modest decline once US Section 232 import tariffs are in place and the ‘extra’ US front-loading demand fades.” Morgan Stanley sees “some upside” for FCX given its exposure to COMEX copper and gold, but said there are “few positive catalysts in the near term.” For SCCO, the stock’s recent rally has left it trading at a premium, with analysts warning that declining exposure to COMEX copper in 2026 could reduce realized prices. In contrast, the firm views GMEX as the most attractive copper play, noting that “the discount to its SoP valuation will keep falling on reduced regulatory uncertainty in Mexico,” and that the company is unlikely to pursue large investments outside its core business following the delisting of its railway unit. Nexa was downgraded amid a “less optimistic view on zinc prices” and operational issues. Morgan Stanley also flagged broader risks from “a potential sharp deceleration in global growth” tied to U.S. tariffs but said Chinese stimulus or earlier Fed rate cuts could lift commodity prices above its base case. With TECK making headlines, savvy investors are asking: Is it truly valued fairly? In a market full of overpriced darlings, identifying true value can be challenging. InvestingPro's advanced AI algorithms have analyzed TECK alongside thousands of other stocks to uncover hidden gems. These undervalued stocks, potentially including TECK, could offer substantial returns as the market corrects. In 2024 alone, our AI identified several undervalued stocks that later surged by 30 or more. Is TECK poised for similar growth? Don't miss the opportunity to find out.

Chamwe Kaira Koryx Copper Inc. has announced assay results from six drill holes totalling 1,808 metres, completed under phase two of its 2025 exploration and development programme at the wholly owned Haib Copper Project in southern Namibia. Haib is an advanced-stage copper, molybdenum, and gold project designed to produce clean copper concentrate through a conventional crushing, milling, and flotation process. The project also has potential for additional copper production through heap leaching. Koryx President and CEO Heye Daun said the company’s geological understanding of the project continues to improve, supported by the work of consultant Dr Warren Pratt. “Our geological understanding keeps improving, and with the aid of Dr Warren Pratt, our internationally renowned consultant, we are very encouraged by what we are seeing, namely not only confirmation of the previously identified higher-grade zones but also indications of additional higher-grade mineralisation along previously unappreciated east-west and north-west/south-east structures related to rubble and shear zones,” Daun said. He said the near-surface, higher-grade intersections could not only improve the overall mineral resource estimate but also serve as a shallow, higher-grade starter pit. “With the arrival of the first two man-portable drill rigs expected in late July, we will be able to drill test the continuity of these higher-grade structures at greater depths in the topographically more challenging areas of the deposit, which is something we very much look forward to,” he added. Koryx is focused on advancing the Haib project in Namibia while building a copper exploration portfolio in Zambia. The Haib deposit has a long history of exploration, with over 80,000 metres of drilling conducted since the 1970s. Past operators have included Falconbridge (1964), Rio Tinto (1975), and Teck (2014). Extensive metallurgical testing and technical studies have also been completed. Current studies aim to position Haib as a future long-life, low-cost, and low-risk open-pit sulphide flotation copper project, with additional potential from heap leaching.

Koryx Copper Receives Additional Encouraging Drill Results at the Haib Copper Project, Southern Namibia  The Manila Times

Noronex Limited’s recent deep diamond drilling program in the western lens of its Namibian Fiesta project has identified two significant copper intercepts, including an 11-metre hit assaying 0.5 per cent copper and 6m at 0.7 per cent copper. The 11m intercept from 371m also includes 18 grams per tonne (g/t)

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: matthew@namibian.com.na The post Koryx records progress at Haib copper mine appeared first on The Namibian.

Koryx Copper Provides Project Development Update for the Haib Copper Project, Southern Namibia  Junior Mining Network

Sinomine Tsumeb Smelter CEO Loggan Lou has announced a temporary suspension of copper smelting operations, citing severe global market disruptions. The decision follows intensive stakeholder consultations with employees, government officials, and suppliers this week, where Lou detailed unsustainable pressures on the industry.  Rampant expansion of smelting capacity in major copper-producing

Niël Terblanché Efforts to reshape mineral export routes in Southern Africa have advanced with the Walvis Bay Corridor Group (WBCG) developing a new logistics corridor linking the Democratic Republic of Congo (DRC) to the port of Walvis Bay.  The North-Western Corridor will connect Kolwezi, a major copper mining area in the DRC, with Walvis Bay. The corridor will run through Solwezi and Mongu in Zambia, then continue southwest to Katima Mulilo before reaching Walvis Bay.  WBCG chief executive officer Mbahupu Hippy Tjivikua said the project will include new roads and a border crossing between the DRC and Zambia. A concession agreement has been signed, and construction work is underway. Tjivikua explained that current export routes through the Copperbelt and the Kasumbalesa border post are congested, causing delays and higher costs.  The new corridor will bypass these bottlenecks.  “The route will be approximately 235 kilometres shorter than the existing Walvis Bay–Ndola–Lubumbashi corridor and could cut travel times by up to seven days,” he said. Copper demand is growing fast, driven by renewable energy and electric vehicles. The DRC is the world’s second-largest copper producer, with nearly three million tonnes per year.  Zambia aims to produce over one million tonnes annually. Tjivikua said the shorter transit time and reduced congestion will benefit exporters handling time-sensitive goods like copper. The corridor will offer landlocked countries a more competitive and reliable path to global markets via Walvis Bay.  Tjivikua noted that infrastructure remains a challenge in many parts of Africa, but the North-Western Corridor will move away from outdated, overstretched logistics networks.  “It is about modernising regional logistics and creating a direct, streamlined path from the copper belts of Kolwezi and Solwezi to Walvis Bay,” he said. The project will support regional integration by improving connections between the landlocked interior and Namibia’s coast.  Tjivikua said this will strengthen Southern Africa’s role in global trade and support wider development goals.  He said that the corridor could change how minerals are transported across the region, reduce reliance on ports in other countries, and boost economic growth in the DRC, Zambia, and Namibia.