8 months ago
Koryx records progress at Haib copper mine
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
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