Research analysts covering Namib Minerals.
Recent press releases and 8-K filings for NAMM.
Namib Minerals Announces Operational Update and Strategic Partnership
NAMM
New Projects/Investments
Guidance Update
- Namib Minerals has entered into a strategic partnership with BW Mining for the retreatment of sands at How Mine in Zimbabwe.
- The How Mine site holds a surface sands resource of 213 Koz of Gold in the Inferred Resource category.
- BW Mining has mobilized equipment and commenced preparatory work for the initial testing phase of the sands.
- The company expects this project to increase overall EBITDA and extract additional value from existing resources, positioning it to deliver stronger returns to shareholders, subject to the successful completion of the testing phase and other market conditions.
Nov 14, 2025, 2:36 PM
Namib Minerals Provides 2025 Production and Operational Update
NAMM
Guidance Update
New Projects/Investments
- Namib Minerals provided its 2025 operational guidance, expecting production of 24,000 – 25,000 oz, Adjusted EBITDA of US$22 – 26 million, and All-in Sustaining Cost (AISC) of US$2,700 – 2,800/oz.
- The company is pursuing a phased growth plan, appointing WSP Global Inc. to conduct 12 to 18-month feasibility studies for the restart of Redwing Mine and Mazowe Mine.
- The preliminary estimate for the total funding required for the expansion program is US$300 million to $400 million, with a balanced funding mix planned to minimize shareholder dilution.
Nov 10, 2025, 10:09 PM
Namib Minerals Re-engages WSP for Feasibility Studies
NAMM
New Projects/Investments
Growth
- Namib Minerals has re-engaged WSP, a professional services firm, to conduct comprehensive feasibility studies for its Redwing and Mazowe Gold mining assets in Zimbabwe.
- The studies are a critical step towards bringing Namib Minerals' operations to full capacity and supporting its strategy of sustainable growth in Gold and Critical Minerals production.
- This renewed engagement leverages WSP's in-depth knowledge and prior experience with the company's assets to accelerate development plans.
Oct 9, 2025, 9:00 PM
Namib Minerals Reports Net Loss in Q2 2025 Amidst Revenue Decline and Transaction Costs
NAMM
Earnings
M&A
Accounting Changes
- Namib Minerals reported a net loss of $11.9 million for the six months ended June 30, 2025, a significant decrease from a net profit of $9.2 million in the prior year, primarily due to $10.2 million in non-recurring transaction costs and $5.1 million in non-cash listing transactions.
- Revenue decreased by 13% to $36.4 million for the six months ended June 30, 2025, from $41.9 million in the same period of 2024, driven by a 32% gold grade reduction at How Mine, partially offset by a 40% increase in average net realized gold prices.
- Basic loss per share was $0.24 for the six months ended June 30, 2025, compared to earnings per share of $0.19 for the six months ended June 30, 2024.
- Net cash provided by operating activities decreased by 49% to $5.8 million for the six months ended June 30, 2025, from $11.4 million in the prior year, reflecting the reduction in operating profit.
Sep 30, 2025, 10:41 AM
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