Canada-based Kombat Copper has signed a provisional agreement for scaled production of lead mineralisation from its Kombat mine with a Namibian-based company.

Under the agreement, the unnamed partner is expected to focus on the Kombat East area and will be responsible for underground and surface mining of known occurrences of lead mineralisation.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

The company will also evaluate the Gross Otavi deposit 10km west of the mine and plans to upgrade it to produce lead concentrates.

"This agreement maintains activity on the mine site, facilitates our mining licence and brings local employment and labour to the area."

Kombat Copper president and CEO Bill Nielsen said: "We will benefit from this partnership as we now have the potential to start generating income from the Kombat property as our partner starts a scaled mining approach while we support the project with our extensive infrastructure and knowledge of the Kombat deposit.

"As well, this agreement maintains activity on the mine site, facilitates our mining licence and brings local employment and labour to the area."

Kombat Copper stated that the agreement is structured in such a way that it does not exploit the company’s core copper resource base and does not prohibit it from restarting full mining activities on the remainder of the deposit once technical and engineering studies conclude.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The company hopes to negotiate the agreement’s details of the after completing a definitive contract in early 2016.

The Kombat mine was operational from 1962 to 2008 with few interruptions and has significant existing infrastructure, including power, water, roads, and rail access.

Kombat also houses an 800m exploration shaft, which has been built at a cost of $30m.