- Business
- Trigon Metals Inc. (TSX-V: TM) is a mineral exploration and development company focused on copper and silver projects in Namibia. The company owns and operates the Kombat Mine, which produces copper concentrate through underground mining and processing operations; it also holds the Etango Gold Project, a heap leach gold development asset. Trigon offers mining services including ore extraction, milling, flotation recovery, and concentrate handling, with products sold primarily to international smelters. Founded in 2014 and headquartered in Vancouver, Canada, Trigon conducts all its operations in Namibia, targeting base metals markets for industrial and electronics applications.
In recent developments, Trigon Metals restarted full production at the Kombat Mine in 2023 following refurbishment and optimization efforts, achieving record quarterly output in Q3 2024 with over 2,600 tonnes of copper equivalent produced. The company secured a US$5 million loan facility from Trafigura in late 2024 to support ongoing mine expansion and working capital needs. Additionally, Trigon entered a strategic partnership with Yellow Metal Corp. in 2025 for potential silver streaming on Kombat output, alongside advancing a preliminary economic assessment for the Etango project's oxide resource. These initiatives mark a shift toward multi-asset growth, with Kombat's production ramp-up exceeding guidance amid strong copper prices.