{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Company Interviews","title":"Koryx Copper (TSXV:KRY) - Upsized Haib Copper Project PFS Due by November Targeting Over 100,000 tpa","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/74c7d360\"></iframe>","width":"100%","height":180,"duration":997,"description":"Interview with Heye Daun, President & CEO of Koryx Copper\nOur previous interview: https://www.cruxinvestor.com/posts/koryx-copper-tsxvkry-namibias-giant-copper-deposit-gets-a-major-upgrade-10548\nRecording date: 20th October 2026\nKoryx Copper S.A. (TSXV:KRY) is approaching the most important milestone in its turnaround of the Haib Copper Project in southern Namibia. President & CEO Heye Daun told Crux Investor during LME Week in London that the Pre-Feasibility Study will be published before the end of November 2026. He expects the results to be substantially better than the September 2025 PEA.\nHaib is a large Paleoproterozoic porphyry deposit with copper, molybdenum and gold, previously explored by Falconbridge, Rio Tinto and Teck. Daun’s team took control in 2024. The same group has a record of Namibian exits, including the $180 million sale of Auryx Gold to B2Gold in 2011 and the $390 million sale of Osino Resources to Yintai Gold in 2024.\nThe March 2026 resource contains 744 million tonnes Indicated at 0.28% copper and 579 million tonnes Inferred at 0.24% copper. An infill programme of more than 55 kilometres has been completed to support the PFS. Daun cautioned that individual drill results can only move the average grade of such a large deposit so far. He pointed instead to higher-grade zones the mine plan can prioritise.\nThe main technical change is the flowsheet. Heap leaching has been dropped from the base case after test work showed sulphide heap leaching was not viable at industrial scale. The PFS base case now crushes 48 Mtpa. Coarse particle flotation rejects about 12 Mtpa of low-grade gangue, leaving 36 Mtpa of higher-grade feed for a flotation circuit that includes Jameson cells. The PEA, by comparison, used a 28 Mtpa mill and 7 Mtpa of heap leaching.\nThe PEA provides the baseline. It showed an after-tax NPV of $1.351 billion at 8% and $4.30 per pound copper, an IRR of 20.1%, development capital of $1.559 billion and a 3.9-year payback. It projected...","thumbnail_url":"https://img.transistorcdn.com/1wv-MFlQAgnm-ca64e5kK4984dZB0os8-HJdRVsI74M/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzEzNTcyLzE2MjM5/NTQyMDctYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}