---
title: "Unicorn Mineral Resources Agrees Deal to Acquire 75% of Historic Klein Aub Copper Mine in Namibia"
publisher: "Share Talk"
author: "sharetalk"
published: "2025-11-13T09:15:49+00:00"
modified: "2025-11-13T09:15:49+00:00"
date: 2025-11-13
canonical: "https://www.share-talk.com/unicorn-mineral-resources-agrees-deal-to-acquire-75-of-historic-klein-aub-copper-mine-in-namibia/"
category: "Mining"
categories: ["Mining"]
tags: ["Electro Automation Group", "Jason Brewer", "John O'Connor", "Marula Mining", "Neo Energy Metals", "Paddy Doherty", "Patrick Doherty", "Shuka Minerals", "UMR", "Unicorn Mineral Resources"]
image: "https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/11/GNIBUHTWIAA3IKe-750x406-1.webp?fit=750%2C406&quality=80&ssl=1"
format: "news"
language: "en-GB"
---

# Unicorn Mineral Resources Agrees Deal to Acquire 75% of Historic Klein Aub Copper Mine in Namibia

**Published:** November 13, 2025
**Author:** sharetalk
**Categories:** Mining
**Tags:** Electro Automation Group, Jason Brewer, John O'Connor, Marula Mining, Neo Energy Metals, Paddy Doherty, Patrick Doherty, Shuka Minerals, UMR, Unicorn Mineral Resources
**Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2025/11/GNIBUHTWIAA3IKe-750x406-1.webp?fit=750%2C406&quality=80&ssl=1)

---

[Unicorn Mineral Resources (LSE: UMR)](https://www.londonstockexchange.com/news-article/UMR/update-on-potential-namibian-acquisition/17324658)has signed **conditional terms** to acquire a **75% stake** in the historic **Klein Aub Copper Mine** in Namibia for **ZAR 26.5 million (approximately £1 million)**, with most of the consideration to be settled through the issue of **8.6 million UMR shares at 10p**.

Klein Aub previously produced **5.5 million tonnes at 2% copper and 50 g/t silver**, and recent assessments indicate a significant **5.6Mt of tailings and slimes**, containing an estimated **15,460 tonnes of copper** and **1.4 million ounces of silver**. Exploration also highlights **additional unmined lodes** continuing along strike, offering further upside potential.

UMR plans to recover metals from the tailings using an **environmentally friendly leaching process**, with **metallurgical test results expected in early 2026**. Completion of the acquisition — **targeted for late Q1 2026** — is contingent on these metallurgical outcomes being favourable.

The company said the opportunity positions UMR to advance a **low-cost, lower-impact copper and silver production pathway**, unlocking value from historic mining infrastructure while contributing to growing demand for energy-transition metals.

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**Original URL:** https://www.share-talk.com/unicorn-mineral-resources-agrees-deal-to-acquire-75-of-historic-klein-aub-copper-mine-in-namibia/
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