Staff Reporter
KORYX Copper has announced that early laboratory tests on copper ore from the Haib Copper Project in southern Namibia have yielded promising results, with flotation recovering 89% of the copper and producing a clean, high-grade concentrate containing 20–25% copper.
According to the company, the Haib Copper Project is an advanced-stage copper-molybdenum asset designed to produce clean copper concentrate through conventional crushing, milling, and flotation. The company also noted potential for additional copper production via heap leaching.
“We are very pleased with the substantial progress we have made with the metallurgical test work, process flowsheet, and infrastructure development aspects of the Haib Copper Project over the past six months. The results are highly encouraging and are being incorporated into the Preliminary Economic Assessment (PEA), which we are preparing to publish in Q3 2025,” said Heye Daun, Koryx Copper’s President and Chief Executive Officer (CEO).
Daun explained that the upcoming PEA is intended to demonstrate the techno-economic feasibility of Haib as a conventional, long-life, low-cost, large-scale open-pit mine, featuring a straightforward milling and flotation process. The base case envisions production of copper in clean concentrate, with additional copper cathode output anticipated from a heap-leach expansion.
“We have multiple world-class engineering consultants in the final stages of completing this study. We are also expediting our drilling programme to produce an improved mineral resource and to 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, yet large and world-class copper mine,” he added.
