Namib Minerals (NASDAQ: NAMM) is a gold producer, developer and explorer with operations focused in Zimbabwe and exploration assets in the Democratic Republic of Congo. The Namib Minerals news feed on Stock Titan aggregates company-issued updates and market coverage so readers can follow how the business is progressing across its producing and restart-stage assets.
Recent press releases highlight operational performance at How Mine, Namib Minerals’ fully producing underground gold mine in Zimbabwe. The company reports on throughput, cost trends, safety performance and initiatives such as the retreatment of surface sands through a partnership with Bitumen World Mining. These updates provide insight into how Namib Minerals is managing plant stability, all-in sustaining costs and operational discipline.
News items also cover the company’s growth plans, including feasibility studies for the Mazowe and Redwing gold mines in Zimbabwe. Namib Minerals has engaged WSP to conduct S-K 1300 compliant studies, and has outlined dewatering programs, infrastructure work and capital planning as part of a phased restart approach. Corporate updates related to its business combination with Hennessy Capital Investment Corp. VI, listing on Nasdaq, and financing arrangements such as a promissory note are also disclosed through news and accompanying SEC filings.
Investors and followers of NAMM can use this page to review operational updates, business strategy communications, feasibility study milestones and exploration developments in the DRC. By checking this news feed, readers can monitor how Namib Minerals executes its plan to operate as a multi-asset gold producer with additional exposure to copper and cobalt exploration.
Namib Minerals (NAMM) completed commissioning of its expanded milling plant at How Mine ahead of the previously communicated mid-October deadline. The company expects monthly processing capacity to rise from approximately 40,500 tonnes to 55,000 tonnes, an increase of approximately 36%. Full capacity is targeted for December 2026. Redwing Mine's restart remains on schedule, with first gold targeted by January 2027.
Namib Minerals (NAMM) reported first-half 2026 revenue of $50.8 million, with higher gold prices lifting earnings despite lower production. Revenue rose 40%, adjusted EBITDA increased 76% to $19.0 million, and operating cash flow rose 61% to $9.3 million. Non-cash fair-value losses totaled $11.3 million; the reported net loss was $4.8 million.
How Mine's mill expansion is substantially complete, with commissioning expected in mid-October and approximately 36% more processing capacity. Redwing dewatering finished ahead of schedule; first gold is targeted no later than January 2027. Full-year production guidance fell to 26,500–27,000 ounces from 28,000–31,500, while expected group all-in sustaining costs rose to $2,650–$2,850 per ounce. C1 cash cost guidance remains $1,400–$1,650 per ounce. June-end cash was $1.8 million against a $42.9 million working capital deficit; subsequent financing included a $5.0 million draw and an agreement to expand another facility.
Namib Minerals (NAMM) will release its first-half 2026 financial results before the market opens on October 1, 2026.
A conference call and webcast will follow at 8:30 AM ET that day. Management will answer selected shareholder questions submitted in advance through the Contact Us form at www.namibminerals.com. The earnings release, webcast and presentation materials will be available in the website's Investor Relations section, with a replay shortly after the broadcast.
Namib Minerals (Nasdaq: NAMM) has secured a US$6.5 million term loan through its wholly owned subsidiary Bulawayo Mining Company.
The loan from African Banking Corporation of Zimbabwe (BancABC) is non-dilutive and is consolidated with existing term loan and overdraft facilities. Namib expects the new funding to partially finance Step 3 of its Redwing Mine development milestones: surface exploration drilling and advancing the Definitive Feasibility Study, a detailed assessment of project viability, to full bankability. The remaining Step 3 funding is expected under its sequenced financing plan. Dewatering, Step 1, was completed ahead of schedule; the Step 2 technical programme is underway and fully funded.
Namib Minerals (NAMM) has completed dewatering at its Redwing Mine in Zimbabwe, delivering Step 1 of its five-step restart pathway ahead of the original Q4 2026 target.
Completion restores safe underground access and allows mapping, sampling and geotechnical and hydrological work that feed the Definitive Feasibility Study (DFS). The DFS technical programme is fully funded and remains on track to conclude in early Q1 2027. Step 2 (DFS technical programme) is underway, while later stages, including an 8,750‑metre surface drilling campaign, construction and restart, are scheduled through Q4 2027 and beyond, with some steps dependent on future funding and a positive development decision.
Namib Minerals (Nasdaq: NAMM) outlined a five-step, milestone-linked restart pathway for the Redwing Mine and confirmed that the technical programme of its Definitive Feasibility Study (DFS), conducted by WSP Global, is fully funded through completion.
The Company targets completion of Redwing dewatering by Q4 2026 and conclusion of the DFS technical programme in early Q1 2027. Step 3, an 8,750-metre resource definition and bankability drilling and engineering phase, is planned to start once the next stage of its sequenced financing plan closes and is targeted to conclude in Q4 2027. Parallel workstreams to upgrade power infrastructure and refurbish existing equipment at Redwing are underway, both targeted for Q3 2026.
Funding for the DFS technical programme (Step 2) is secured via internally generated cash flow, supported by a new US$5.0 million, 36‑month non‑dilutive term facility obtained by subsidiary Bulawayo Mining Company from Ecobank Zimbabwe, which finances How Mine capital works and frees internal cash for the DFS.
Namib Minerals (Nasdaq: NAMM) announced key Board and executive leadership changes to support its next growth phase, including the planned restart of Redwing Mine and ongoing development financing strategy.
Tulani Sikwila becomes Chairman while remaining CEO, Wendy Luhabe joins as Lead Independent Director, and Sphe Mchunu is appointed Chief Financial Officer.
Namib Minerals (Nasdaq: NAMM) issued an operational update on the Mill Expansion Project at How Mine, central to its plan to increase processing capacity and gold output.
Civil works are at an advanced stage, key mechanical components including the mill shell are on site, and construction and commissioning remain targeted for H2 2026.
Namib Minerals (Nasdaq:NAMM) reported dewatering at its Redwing gold mine in Zimbabwe is progressing on schedule. Since January 29, 2026, about 544,570m³ of water have been pumped, lowering water levels by 21.9m to roughly 74.9m below the shaft collar. Current capacity is ~640m³/hour, exceeding requirements, with additional high-capacity pumps expected shortly.
Namib Minerals (Nasdaq: NAMM) reported full year 2025 results and a business update on April 2, 2026. The company produced ~25,000 oz of gold and generated $82.6M revenue; adjusted EBITDA rose 18% to $29.0M. Net cash from operations was $13.8M, investing outflows were $12.4M, and net debt was ~$3.3M. How Mine milling capacity expansion to 55,000 tpm is on track for H2 2026. Redwing dewatering began Jan 29, 2026, with an ~8-month timeline to late 2026. Tulani Sikwila appointed CEO; CFO and COO searches ongoing.