Unicorn Mineral Resources Plc (LSE:UMR), has given investors an update about its proposed acquisition of a controlling stake in the Klein Aub copper mine in Namibia and its 5.6m tonnes of slimes and tailings.
Chief executive Antony Legge says; the project is a tremendous opportunity and “there is a potential there for us to operate on a much, much broader basis.”
In this interview, investors will learn
- Why management is confident the transaction will close successfully
- How Unicorn's extraction process, utilising Draslovka’s glycine leaching agent, is environmentally and economically friendly
- What the estimated contained copper and silver inventory is at the Klein Aub tailings facility
- When shareholders can expect a resource estimate or economic studies of Klien Aub
- Why Unicorn could become the preferred tailings remediation partner for the Namibian government and mining peers
- What factors are influencing the timing of the mining licence application projected for 4Q26
Antony Legge, Chief Executive of Unicorn Mineral Resources Plc was interviewed by Sarah Lowther for focusIR.