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Trigon secures N$169 million for Kombat restart

Ogone Tlhage
Trigon Metals has secured N$169 million to acquire equipment for the Kombat mine. The funding was made available by Epiroc Financial Solutions AB. "We are pleased to be working with Epiroc and thank them and their members that worked to put this financing package in place in a timely fashion. This allows us to build out our underground fleet while we are starting to generate cash flow at the open pit," Trigon CEO Jed Richardson said. Mining operations originally commenced in 1962, producing until 2008, with total output reaching 12.46 million tonnes of copper ore.

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Namibian Sun 2024-11-23

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