About

About Us

Responsible resource development in Namibia since 1968, combining JORC science with community-first ownership.

Who We Are

Namibia's Next Critical Minerals Producer

Tsoaxaub Metals PTY is a unique investor opportunity to restart a high-grade zinc and lead project with significant silver upside in one of Africa's most stable mining jurisdictions.

Located 30 km from Swakopmund and 75 km from Walvis Bay port. The JORC-compliant resource of 1,120,000 tonnes supports a 7-year mine plan. Peak production reached 19,000 ore tonnes per month before care and maintenance in April 2020.

Our OperationsContact
LHD loader

LHD loader at the North Portal

Our Values

STRIVE — Six Non-Negotiable Principles

S

Safety

The operation ran 364 LTI-free days in 2019. Uncompromising commitment to zero harm at every level of the organisation.

T

Teamwork

We operate as a family. Collective success is the only metric that matters at the end of each shift.

R

Respect

Diversity of background and perspective is a competitive advantage, not a compliance exercise.

I

Integrity

Honesty and ethics in all dealings — investors, communities, regulators, and each other.

V

Valor

Courage in adversity. We pursue the right course of action even when it is the harder one.

E

Excellence

Continuous improvement across safety, production, compliance, and community impact.

Timeline

Decades of Mining Heritage

1968
Historic Operations Begin
Mining commences. Two decades of production establishes foundational ore body knowledge.
1991
Historic Operations Cease
The geological dataset becomes the bedrock for all future resource modelling.
2019
Modern Restart
Sublevel retreat open stope + new flotation plant. Peak: 19,000 ore t/month.
2021
Castlelake Acquires 90%
CL US Minerals LLC acquires from NRR PLC. PDN trusts maintained.
2022
56-Target Survey
VTEMPlus geophysical survey identifies 56 potential mineral deposit targets.
2026
Restart Ready
All permits active. Seeking capital partner to restart production.
Underground operations

Underground mining operations

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