Namib Minerals – Operational Update
Namib Minerals (ASX:NAMM) provided an operational update on Dec 15, 2025 reporting increased stability and cost improvements as the company approaches financial year‑end.
Rhea-AI Summary
Namib Minerals (ASX:NAMM) provided an operational update on Dec 15, 2025 reporting increased stability and cost improvements as the company approaches financial year‑end. Over the past 30 days throughput was maintained with more consistent plant and mine performance.
Key metrics: on‑mine AISC declined ~8% month‑on‑month to US$2,140/oz, and company‑level AISC declined ~11%, attributed to sustained cost controls and operational discipline. Safety remained strong with no reportable lost‑time injuries over the three months ended November. Management says focus is on stability, predictable run‑rates, cash discipline and continued operational optimisation, and the company will provide further operational updates as the consistency phase continues.
Positive
- Company‑level AISC down ~11% month‑on‑month
- On‑mine AISC of US$2,140/oz (≈8% decline MoM)
- Operational throughput maintained over the past 30 days
- No reportable lost‑time injuries in the three months ended November
- Management emphasises cash discipline and predictable run‑rates
Negative
- None.
Details
News Market Reaction – NAMM
In the Dec 15 session, NAMM declined 5.08%, reflecting a notable negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
- On-mine AISC reduction
- 8% month-on-month decline
- On-mine all-in sustaining costs over past 30 days
- On-mine AISC
- US$2,140 per ounce
- All-in sustaining costs during recent 30-day period
- Company-level AISC change
- 11% decline
- Company-level all-in sustaining costs month-on-month
- Lost-time injuries
- 0 over three months
- No reportable lost-time injuries for three months ended November
Historical Context
-
Growth steps to become multi‑asset mid‑tier gold producer.
-
Scheduled webcast and call to review developments and Q&A.
-
Partnership with BW Mining to retreat How Mine sands.
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2025 production guidance and multi‑asset restart strategy.
-
Expanded WSP engagement for Redwing and Mazowe studies.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
all-in sustaining costs financial
AISC financial
lost-time injuries technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Namib Minerals Ltd. (“Namib” or the “Company”) today provided an operational update highlighting improving stability and cost performance across its producing asset as the Company approaches financial year-end.
Over the past 30 days, operational throughput has been maintained, reflecting a period of increased consistency in plant performance and mine operations. During this period,
- on-mine all-in sustaining costs declined by approximately
8% month-on-month to US$2,140 per ounce, - while company-level AISC declined by approximately
11% , supported by sustained cost control measures and improving operational discipline.
Operational focus during this phase has been directed toward stability, predictable run-rates, cash discipline, and consistent cost management. Management noted that these efforts are contributing to improved cost visibility and execution reliability.
Safety performance remained strong during the period, with no reportable lost-time injuries recorded over the three months ended November, reflecting continued emphasis on operational discipline and workforce safety.
“Our priority has been to stabilise operations and establish predictable run-rates,” said Ibrahima Tall, Chief Executive Officer. “The improvements we are seeing reflect disciplined execution and provide a foundation for further optimisation as we continue through this consistency phase.”
The Company expects to continue providing operational updates as it progresses through this phase of performance stabilisation.
Forward-Looking Statements
This update includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical facts contained in this update are forward-looking statements. Any statements that refer to estimates, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are also forward-looking statements. We caution you against placing undue reliance on forward-looking statements.
About Namib Minerals
Namib Minerals (NASDAQ: NAMM) is a Gold producer, developer and explorer with operations focused in Zimbabwe. Namib Minerals is a significant player in Africa’s mining industry, driving sustainable growth and innovation across the sector. Currently Namib Minerals operates the How Mine, an underground Gold mine in Zimbabwe, and aims to restart two assets in Zimbabwe, with additional exploration assets in the DRC.
For additional information, please visit namibminerals.com
Contacts:
Investor Relations:
IR@namibminerals.com
Lamiaa Maniar
VP of Communications
lmaniar@namibminerals.com
No Offer or Solicitation
This press release shall not constitute an offer to sell or exchange, the solicitation of an offer to buy or a recommendation to purchase any securities, or a solicitation of any vote, consent or approval, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in which such offer, solicitation or sale may be unlawful under the laws of such jurisdiction.
