Namibia: Kombat Copper Mine Sold for U.S.$24m

Namibia: Kombat Copper Mine Sold for U.S.$24m

The sale of Namibia's copper mine, Kombat, has officially been concluded at a cost of N$428.7 million, or US$24 million.

Kombat sold for N$428.7m

The sale of Namibia’s copper mine, Kombat, has officially been concluded at a cost of N$428.7 million, or US$24 million. This comes as Canadian company Trigon Metals on 27 May concluded the deal with Horizon Corporation and Kamino Minerals and sold its 80% majority shareholding. According to a press release by Trigon Metals on Thursday, the consideration for the transaction is all-cash. Trigon Namibia founding shareholder Knowledge Katti says he…

Trigon Metals to sell interest in Kombat mine to Horizon for $24m

Trigon Metals has entered into a definitive share purchase agreement for the sale of its interest in the Kombat project in Namibia.The post Trigon Metals to sell interest in Kombat mine to Horizon for $24m appeared first on Mining Technology.

Trigon Metals concludes sale of Kombat Project

Trigon Metals Inc., a Canadian mining company, has entered into a definitive share purchase agreement with Horizon Corporation Limited and Kamino Minerals Limited, under which Horizon will acquire Trigon’s interests in the Kombat Project in Namibia. The all-cash transaction, valued at $24 million, was announced following due diligence and negotiations between the parties. This deal …

Trigon Announces Signing of Definitive Agreement for Sale of Interest in Kombat Mine to Horizon Corporation - Trigon Metals

TORONTO, May 29, 2025 — Trigon Metals Inc. (TSX-V: TM) (“Trigon” or the “Company”) is pleased to announce that it has today entered into a definitive share purchase agreement dated May 27, 2025 (the “Sale Agreement”) with Horizon Corporation Limited (“Horizon”) and Kamino Minerals Limited pursuant to which Horizon will acquire the Company’s interest in the […]