Namib Minerals completes Redwing mine dewatering
Namib Minerals has finished dewatering Redwing Mine ahead of its original Q4 2026 target and confirms the fully funded DFS remains on track for early Q1 2027.
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Rhea-AI Filing Summary
Namib Minerals (NAMM) reported that it has completed the dewatering programme at its Redwing Mine in Zimbabwe, the first step in a five-step restart pathway that was previously targeted for completion in Q4 2026 and has now been achieved ahead of that schedule. Completion of dewatering restores safe access to underground workings and allows underground mapping, sampling, and geotechnical and hydrological work to proceed, all feeding into the technical programme of the Definitive Feasibility Study (DFS). The DFS technical programme is described as fully funded through to completion and is expected to conclude in early Q1 2027, consistent with the timeline outlined in July 2026. Step two of the restart pathway, covering engineering, metallurgical, geotechnical, hydrological, environmental and financial workstreams, is underway, while later steps include resource definition and bankability drilling, construction, and a phased restart of production following a positive decision.
Key Figures
Key Terms
Definitive Feasibility Study financial
forward-looking statements regulatory
bankability financial
fully funded financial
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of September 2026
Commission File Number 001-42685
Namib Minerals
(Translation of registrant’s name into English)
Suite 210, 2nd Floor, Windward III, Regatta
Office Park
PO Box 500
Grand Cayman, Cayman Islands, KY1-1106
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
INFORMATION CONTAINED IN THIS FORM 6-K REPORT
On September 21, 2026, Namib Minerals (the “Company”) issued a press release announcing the completion of the dewatering programme at Redwing Mine.
The information included in this report on Form 6-K, including Exbibit 99.1, is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act except to the extent specifically provided in such a filing.
EXHIBIT INDEX
| Exhibit No. | Description | |
| 99.1 | Press Release, dated September 21, 2026. |
1
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| NAMIB MINERALS | ||
| By: | /s/ Siphesihle Mchunu | |
| Name: | Siphesihle Mchunu | |
| Title: | Chief Financial Officer | |
Date: September 21, 2026
2
Exhibit 99.1
Namib Minerals Completes Dewatering at Redwing Mine, Delivering the First Milestone of its Five-Step Restart Pathway Ahead of Schedule.
New York, Sept. 21, 2026 (GLOBE NEWSWIRE) -- Namib Minerals (“Namib Minerals” or “the Company”) (Nasdaq: NAMM), an established African gold producer with a portfolio of mining assets in Zimbabwe, today announced the completion of the dewatering programme at Redwing Mine, the first of the five steps in the restart pathway the Company set out on July 20, 2026.
On July 20, 2026, Namib Minerals published a defined five-step pathway and targeted milestone schedule for the restart of Redwing Mine, with dewatering as Step 1 and completion targeted for Q4 2026. That step is now complete, ahead of the targeted schedule.
Completion of dewatering restores safe access to the underground workings, enabling underground mapping, sampling and the geotechnical and hydrological work programmes that feed the technical programme of the Definitive Feasibility Study (“DFS”). The DFS technical programme remains fully funded through to completion and on track to conclude in early Q1 2027, unchanged from the schedule published in July.
Tulani Sikwila, Chief Executive Officer and Chairman of Namib Minerals, commented: “Dewatering was the gateway to everything that follows at Redwing, and we have delivered it ahead of the schedule we published. We set out a five-step pathway in July precisely so that our shareholders could measure us against it. Step one is done, step two is funded and underway, and we intend to keep reporting against that same map.”
Redwing Restart Pathway
| Step | Scope | Target | Status |
| 1 – Dewatering | Staged pumping to safely access underground workings | Q4 2026 | Completed |
| 2 – DFS technical programme | Engineering, metallurgical, geotechnical, hydrological, environmental and financial workstreams; fully funded | Early Q1 2027 | Underway |
| 3 – Resource definition and bankability | 8,750-metre surface exploration drilling and associated work | Q4 2027 | Next funding stage |
| 4 – Construction | Staged restart capital mobilisation and construction on a positive decision | Upon DFS completion | — |
| 5 – Restart | Commissioning and phased return to production | Following construction | — |
About Namib Minerals
Namib Minerals (NASDAQ: NAMM) is a gold producer, developer and explorer with operations focused in Zimbabwe. Currently Namib Minerals operates the How Mine, an underground gold mine in Zimbabwe, and aims to restart two assets in Zimbabwe. For additional information, please visit namibminerals.com.
Forward-Looking Statements
This press release may include 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. Any statements that refer to restarts of mines, future financing or other future events or circumstances, including any underlying assumptions, are also forward-looking statements. Forward-looking statements include, without limitation, statements regarding the Company’s governance and leadership structure, its financing programme and the planned restart of the Redwing Mine. Forward-looking statements are based on current expectations, are inherently subject to uncertainties and changes in circumstance, and speak only as of the date of such statement. There can be no assurance that future developments will be those that have been anticipated. These statements involve a number of risks and uncertainties described in the filings we make with the Securities and Exchange Commission, and you should carefully consider those factors. We caution you against placing undue reliance on forward-looking statements, which reflect current beliefs and are based on information currently available as of the date a forward-looking statement is made.
Contact:
Investor Relations:
Investor.relations@namibminerals.com