$NAMM

Namib Minerals (NAMM) reported a 40% revenue increase to $50.8M and 76% adjusted EBITDA growth for H1 2026, driven by higher gold prices and cost discipline. The company expanded its How Mine milling capacity, with commissioning expected mid-October, and accelerated Redwing Mine's restart, targeting first gold by January 2027. Full-year 2026 production guidance was revised to 26,500–27,000 ounces.

Namib Minerals (NASDAQ: NAMM) will release its first-half 2026 financial results on October 1, 2026, followed by a conference call and webcast. Management will address pre-submitted shareholder questions. The company operates gold mines in Zimbabwe and is restarting Redwing Mine.

Namib Minerals (NAMM) announced its subsidiary secured a $6.5M term loan from BancABC. The non-dilutive debt facility is additional to existing financing. NAMM trades on NASDAQ.

Namib Minerals (NASDAQ: NAMM) secured a $6.5M term loan from BancABC to fund resource definition and bankability for its Redwing Mine. The loan strengthens liquidity and supports Step 3 of the mine's development, including drilling and feasibility studies. The company aims to restart the mine without diluting shareholders.

Namib Minerals (Nasdaq: NAMM) announced board and executive appointments: Tulani Sikwila became Chairman and continues as CEO, Wendy Luhabe joined as independent Lead Independent Director, and Sphe Mchunu was appointed CFO. The changes are intended to support governance and the planned restart of the Redwing Mine and the company’s development financing strategy.

Namib Minerals (Nasdaq: NAMM) said civil works for the Mill Expansion Project at its How Mine are advanced: raft foundation, mill plinth and tower foundations are completed, and key mechanical components (including the mill shell) have been delivered. Factory acceptance tests for the project transformer and starter are done, while installation work continues. The company expects construction and commissioning by H2 2026.

Namib Minerals (NASDAQ:NAMM) experienced a significant 15.2% decrease in short interest in March, totaling 899,545 shares, which represents about 2.4% of shares sold short and a 1.2 days-to-cover ratio. The stock trades near $2.12 with a market capitalization of $114.7 million, and institutional investors hold approximately 59.54% of the shares. Analyst ratings for the company are mixed, with an average "Reduce" rating, though some firms recently upgraded their stance to "Hold."

Call scheduled for 8:00 AM ET on Monday, November 24, 2025 Call scheduled for 8:00 AM ET on Monday, November ...

NEW YORK, Nov. 20, 2025 ( GLOBE NEWSWIRE ) -- Namib Minerals ( "Namib Minerals" or "the Company" ) , ( NASDAQ:NAMM ) , an established African gold producer with a portfolio of mining and exploration assets in Zimbabwe and the Democratic Republic of Congo, today announced that management will ...

NEW YORK, Nov. 14, 2025 ( GLOBE NEWSWIRE ) -- Namib Minerals ( NASDAQ:NAMM ) ( "Namib Minerals" or the "Company" ) today provided an operational update on its recent conclusion of an agreement with Bitumen World Mining ( "BW" ) for the treatment of sands at How Mine.