Trigon Metals has reached a key milestone at its Kombat copper mine in Namibia, producing a mean of 980tpd of ore from its underground operations over a 30-day interval.
By exceeding a mean manufacturing of 900tpd from its underground operations over 30 consecutive days, Trigon has prematurely surpassed the phrases of a streaming settlement with metals funding supervisor Sprott.
The brink has been met by Trigon 13 months sooner than the contractually required date of 31 October 2025.
Following this outcome, Trigon has determined to pause its open-pit mining actions from the top of September 2024.
The corporate acknowledged that the pause is partly as a result of “important grade differential and optimistic contribution of the underground mining operations when in comparison with the open-pit operations”.
Moreover, the present milling capability constraint on the Kombat mine limits plant throughput to 1,000tpd, which in flip results in the preferential feeding of higher-grade underground ore.
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Based on Trigon, the corporate is ready to fill any manufacturing shortfall by way of the feeding of current lower-grade stockpiles till underground manufacturing reaches full regular state. It intends to double the mill’s capability in 2025.
The Kombat underground mine was recommissioned in 2022 following its closure in 2008 attributable to underground flooding. Business copper manufacturing was declared in Could 2024.
Trigon chief working officer and president Rennie Morkel commented: “Now we have confronted important challenges with the open pit, the place stripping necessities have exceeded our forecasts. Pausing open-pit operations could have a right away optimistic impression on our working prices, permitting us to give attention to the higher-grade underground ore.”
The Kombat mine is reported to have greater than $150m price of usable infrastructure in place. Trigon goals to develop copper manufacturing to 69.8mlb by 2027.
The corporate holds an 80% curiosity in 5 mining licences in Namibia’s Otavi Mountainlands and has further operations in Morocco.