Luxembourg-registered copper development company Koryx Copper S.A. has reported exceptional results from drilling at its flagship Haib Copper project in southern Namibia. …
Chamwe Kaira Koryx Copper S.A. has filed a new technical report for its wholly owned Haib Copper Project in southern Namibia, including an updated mineral resource estimate for the project. …
… Koryx Copper is also continuing development planning at the Haib Copper Project, one of the largest undeveloped copper deposits in southern Africa. …
Canadian company Koryx Copper, which is developing the Haib Copper Project in Namibia, made a deal to raise C$25 million (approximately N$300 million) by selling new shares of their company. …
Koryx Copper S.A. reported exceptional results from 17 drill holes at its Haib Copper project in southern Namibia, with consistent wide intercepts of up to 599m and copper equivalent grades exceeding average mineral resource estimate, including byproduct credits from gold and molybdenum.
Why it matters
Strong copper drill results at Haib project represent significant progress for Namibia's mining sector and economic diversification.
Koryx Copper S.A. reported exceptional results from 17 drill holes at its Haib Copper project in southern Namibia, with consistent wide intercepts of up to 599m and copper equivalent grades exceeding average mineral resource estimate, including byproduct credits from gold and molybdenum.
Koryx Copper has filed a new technical report with an updated mineral resource estimate for its Haib Copper Project in southern Namibia, prepared by independent consultants. The company plans to publish a new preliminary economic assessment by the end of Q2 2026 and complete 50,000 metres of additional drilling by summer 2026 to support a prefeasibility study expected in Q4 2026.
The Chamber of Mines of Namibia reports that major mining projects including the Tumas Uranium Project, Twin Hills Gold Project, and Etango Uranium Project continued to progress in 2025, supporting the sector's role as a main economic driver, though rising policy uncertainty is starting to affect investor confidence.
Canadian mining company Koryx Copper has announced positive results from 13 drill holes at its Haib Copper Project in southern Namibia, with infill holes showing intersection widths and copper grades exceeding expectations. The company is conducting a 55,000-meter drill programme to be completed by end of July 2026, aiming to support a pre-feasibility study update in the second half of 2026.
Koryx Copper is raising C$25 million (approximately N$300 million) through a share offering to advance technical studies and exploration on its Haib Copper Project in southern Namibia. The offering is expected to close on or near 20 January 2025, subject to regulatory approvals.