Koryx Copper Inc. V.KRY

Alternate Symbol(s): KRYXF

Metals & Mining Copper

Koryx Copper Inc. a Canada-based mineral exploration and development company. The Company is in the business of exploring and evaluating mineral properties located in Africa. Its Haib copper project is located in the south of Namibia. The Haib project lies approximately 12 to 15 kilometers (km) east of the main tarred interstate highway connecting South Africa and Namibia and the nearest railway station is at Grunau, approximately 120 km north on the main highway. It also holds three copper exploration licenses in the center of the Zambian Copper belt, which includes Luanshya West project (license 23246), Chililabombwe Project (license 23247), and Mpongwe project (license 23248). The license 23246 covers approximately 5,423.26 hectares (54.24 square kilometers (Km2)). The license 23247 covers approximately 2,200 hectares (22.5 km2). The license 23248 covers approximately 67,500 hectares (675 Sq. Km).

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Koryx Copper Inc.

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Post by Yepnewpapyon Jul 21, 2021 8:58am

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Post# 33580483

Bad move from Minister of Mines

https://www.cia.gov/the-world-factbook/static/b5ac4db93b3379cabced51723dda44c1/WA-summary.pdf

ECONOMY Economic Overview heavily dependent on the extraction and processing of minerals for export; mining accounts for about 12.5% of GDP, but provides more than 50% of foreign exchange earnings; one of the world’s largest producers of uranium.

Very bad decision to cancel a license so near from production
Namibia made several bad decision against white

https://www.dw.com/en/namibias-president-wants-to-expropriate-land-from-whites/a-45719781

Namibian President Hage Geingob on Monday said he will push forward with expropriating land (70% owned by white people) and redistributing it to the majority black population in the country.

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