Mining Stock Daily

Morning Briefing: Koryx Copper Publishes its PEA for the Haib Project

Sep 4, 2025
Koryx Copper unveils its Preliminary Economic Assessment for the Haib copper project in Namibia, sparking excitement in the mining sector. New drill results from Newcore Gold and Banyan Gold hint at promising mineralization. Integra's Mine Plan for DeLamar receives the green light from the BLM, while American Pacific showcases encouraging exploration findings in Montana. Additionally, Freeport enters a new phase with Amarc, signaling potential growth in the industry.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
INSIGHT

Gold's Rapid Rally And Short Breather

  • Gold surged to a new high, hitting $3,580 spot and $3,600+ December contract, driven by rapid buying.
  • The market paused next day with profit-taking among miners after a seven-day rally.
INSIGHT

Haib Project Economics Are Robust

  • Koryx Copper's Haib PEA shows a 23-year mine life with strong early production and low costs.
  • The study reports after-tax NPV of $1.35B and IRR of 20.1% with $1.55B initial capex.
INSIGHT

High Early Copper Output At Low AISC

  • Haib targets 92,000 tonnes per annum of payable copper in the first decade at just over $2/lb AISC.
  • The PEA aims to reposition Haib as a low-risk, large-scale open-pit milling and flotation operation.
Get the Snipd Podcast app to discover more snips from this episode
Get the app