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Trigon Metals resumes concentrate production in Namibia

Research Research, The Market Online
0 Comments| August 10, 2023

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  • Trigon Metals (TSXV:TM) has fully restarted milling and processing at its Kombat Mine in Namibia
  • This puts the company on track to meet commercial production targets by the end of September
  • The company previously reached a milestone of turning on the mill’s crushing facility and starting the flotation circuit
  • Shares of Trigon Metals are up 2.56 per cent to C$0.20 as of 10:20 am ET

Trigon Metals (TSXV:TM) has fully restarted milling and processing at its Kombat Mine in Namibia.

In a news release, the company said this will put it back on track to meet commercial production targets by the end of September.

Trigon Metals said it had reached a milestone in early August of turning on the mill’s crushing facility and starting the flotation circuit

“This milestone for both our company and the Kombat community pushes us forward as a cash-flowing operation,” Jed Richardson, CEO of Trigon Metals, said in a statement. “We look forward to the continued growth of our operations at Kombat as Trigon offers yet more value to our dedicated shareholders.”

The company said the plant has been running in three-hour bursts as it continues to fine-tune the equipment to enable 24-hour, seven-days-a-week operation. Concentrate levels are building in the thickeners with the first concentrate production pending.

Trigon Metals is focused on copper and silver holdings in mine-friendly African jurisdictions. The company has operations in Namibia and Morocco.

Shares of Trigon Metals are up 2.56 per cent to C$0.20 as of 10:20 am ET.

Join the discussion: Find out what everybody’s saying about this stock on the Trigon Metals Bullboard, and check out the rest of Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.


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