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Namib Minerals

NAMM

Market cap $40.6M

0.7268 USD

-0.0076

1.03%

At close Updated Nov 13, 4:00 PM EST

Pre-market

After hours

0.7550

+0.0282

3.88%

1 day

-1.03%

5 days

-11.37%

1 month

-32.7%

3 months

-45.76%

6 months

-54%

Year to date

-25.53%

1 year

-45.76%

5 years

-97.67%

10 years

-97.67%

About: Namib Minerals is a Pan-African multi-asset mining platform for precious and critical metals, particularly gold. The company is an established gold producer with an attractive portfolio of three gold mines in Zimbabwe, Africa. Its gold mines include How Mine, Mazowe Mine, and Redwing Mine. Its segments include the How Mine, the Mazowe Mine, and the Redwing Mine, and Others.

Employees: 1,500

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 18.2%

Neutral 81.8%

Negative 0%

Namib Accelerates Redwing Mine Production

Company targets November restart ahead of schedule NEW YORK, Nov. 03, 2026 (GLOBE NEWSWIRE) -- Namib Minerals (“Namib” or the “Company”) (Nasdaq: NAMM) today announced plans for an accelerated restart of operations at Redwing Mine in Zimbabwe, with first gold production expected in November 2026. The accelerated development programme builds on the completion of dewatering, refurbishment of critical mine infrastructure and the resumption of crushing activities, bringing the mine closer to its return to production.

Namib Accelerates Redwing Mine Production

Namib Minerals Announces Expanded Milling Plant at How Mine Operating at Full Capacity, Ahead of Schedule

Ramp-up completed well ahead of the six-to-eight-week timeline and the end-of-December target NEW YORK, Oct. 26, 2026 (GLOBE NEWSWIRE) -- Namib Minerals (“Namib” or “the Company”) (Nasdaq: NAMM), today announced that the expanded milling plant at How Mine has been commissioned and is now operating at its full rate of approximately 55,000 tonnes per month. As disclosed in the Company's first-half 2026 results on October 1, 2026, commissioning was expected in mid-October, followed by a ramp-up of approximately six to eight weeks, with the plant expected to reach its full rate by the end of December 2026.

Namib Minerals Announces Expanded Milling Plant at How Mine Operating at Full Capacity, Ahead of Schedule

Namib Minerals Signs Indicative US$30 Million Ecobank Term Sheet for Redwing Bankability Programme

NEW YORK, Oct. 22, 2026 (GLOBE NEWSWIRE) -- Namib Minerals (“Namib” or “the Company”) (Nasdaq: NAMM) today announced that its subsidiary, Bulawayo Mining Company (Private) Limited, has signed a nonbinding term sheet with Ecobank Zimbabwe Limited (“Ecobank”) for a proposed non-dilutive $30 million, 36-month loan facility (the “Proposed Facility”) intended to support Redwing Mine's resource-definition and bankability programme. The Proposed Facility remains subject to completion of the customary conditions precedent and the execution of definitive documentation.

Namib Minerals Signs Indicative US$30 Million Ecobank Term Sheet for Redwing Bankability Programme

Namib Minerals Completes Commissioning of Expanded Milling Plant at How Mine

New York, Oct. 08, 2026 (GLOBE NEWSWIRE) -- Namib Minerals ("Namib" or "the Company") (Nasdaq: NAMM), today announced the completion of commissioning of its expanded milling plant at How Mine. The Company notes the commissioning is ahead of the mid-October deadline previously communicated.

Namib Minerals Completes Commissioning of Expanded Milling Plant at How Mine

Namib Minerals Stock Rallies On H1 Results: What Investors Need to Know

Shares of Namib Minerals (NASDAQ:NAMM) are surging Thursday afternoon after the African mining company reported first-half 2026 financial results and accelerated operational milestones across its gold asset portfolio.

Namib Minerals Stock Rallies On H1 Results: What Investors Need to Know

Namib Minerals (NAMM) Q2 2026 Earnings Call Transcript

Namib Minerals (NAMM) Q2 2026 Earnings Call Transcript

Namib Minerals (NAMM) Q2 2026 Earnings Call Transcript

What Namib Minerals (NAMM) Said on Its Q2 Earnings Call

Namib Minerals NASDAQ: NAMM reported higher first-half revenue, gross profit and adjusted EBITDA as stronger gold prices offset lower gold production at its How Mine operation. The company also reduced its 2026 production outlook because of the timing of a mill expansion, while accelerating plans to restart production at the Red Wing mine in January 2027.

What Namib Minerals (NAMM) Said on Its Q2 Earnings Call

Namib Minerals Reports First-Half 2026 Financial Results and Provides Business Update

NEW YORK, Oct. 01, 2026 (GLOBE NEWSWIRE) -- Namib Minerals ("Namib" or "the Company"), (Nasdaq: NAMM), the African mining platform capitalizing on strategic resource opportunities, today announced its financial results for the six months ended June 30, 2026, and provided a business update on operational progress, the commissioning of the expanded milling plant at How Mine, and the accelerated restart of Redwing Mine.

Namib Minerals Reports First-Half 2026 Financial Results and Provides Business Update

Namib Minerals Announces Date of First Half 2026 Results and Business Update Call

NEW YORK, Sept. 30, 2026 (GLOBE NEWSWIRE) -- Namib Minerals (Nasdaq: NAMM) ("Namib Minerals" or the "Company") today announced that it will release its financial results for the six months ended June 30, 2026, on Thursday, October 1, 2026, before the market opens. A conference call and webcast will follow at 8:30 AM ET the same day. Access details for the webcast will be announced shortly through the Investor Relations section of the Company's website at www.namibminerals.com.

Namib Minerals Announces Date of First Half 2026 Results and Business Update Call

Namib Minerals Secures US$6.5 Million Term Loan Facility to Partially Fund Resource Definition and Bankability

New York, Sept. 29, 2026 (GLOBE NEWSWIRE) -- Namib Minerals ("Namib" or "the Company") (Nasdaq: NAMM), today announced that Bulawayo Mining Company (Private) Limited, a wholly owned subsidiary of the Company, has secured a non-dilutive new term loan facility for US$ 6.5 million (the “New Term Loan Facility”) with African Banking Corporation of Zimbabwe Limited (“BancABC”). The New Term Loan Facility is in addition to the Company's existing term loan and overdraft facilities with BancABC, with all such facilities consolidated into a single facility (the “Facility”). The Facility strengthens the Company's liquidity and working capital position with the funds from the New Term Loan Facility earmarked for utilisation towards Step 3 of the Company's Development Timelines and Milestones for Redwing Mine previously announced in July 2026 (the “Development Milestones”).

Namib Minerals Secures US$6.5 Million Term Loan Facility to Partially Fund Resource Definition and Bankability

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