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NewMarketsReported 2026-10-09 05:15

Namib Minerals Completes Expansion of Milling Plant at How Mine

Namib Minerals has completed the commissioning of an expanded milling plant at How Mine, increasing processing capacity by 36% to 55,000 tonnes per month, ahead of schedule.

Why it matters. Namib Minerals' increased processing capacity will enhance its gold production capabilities, affecting its financial performance and operational efficiency.

01

Who it touches

  1. 1Namib Minerals
  2. operates in →Fact
    2ZimbabweGeography
02

Evidence

  • GGlobeNewswire public company newsCompany2026-10-09 05:15
    Our focus now turns to a disciplined ramp-up to full capacity and to delivering the expected annualized run-rate of more than 30,000 ounces at current grades that we outlined on our recent call,
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  • GGlobeNewswire public company newsCompany2026-10-09 05:15
    The Company’s focus now turns to ramping up processing capacity to 55,000 tonnes per month, with full capacity targeted to be achieved in December 2026.
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  • GGlobeNewswire public company newsCompany2026-10-09 05:15
    Currently Namib Minerals operates the How Mine, an underground gold mine in Zimbabwe
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  • GGlobeNewswire public company newsCompany2026-10-09 05:15
    Completion of the plant installation and commissioning is expected to increase How Mine's monthly processing capacity from approximately 40,500 tonnes to 55,000 tonnes.
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  • GGlobeNewswire public company newsCompany2026-10-09 05:15
    Namib Minerals (NASDAQ: NAMM) is a gold producer, developer and explorer with operations focused in Zimbabwe.
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  • GGlobeNewswire public company newsCompany2026-10-09 05:15
    In parallel, the restart of Redwing Mine remains on schedule, with first gold targeted by January 2027.
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  • GGlobeNewswire public company newsCompany2026-10-09 05:15
    The commissioning represents a significant milestone for the Company, with an expected increase in milling capacity of approximately 36%.
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  • GGlobeNewswire public company newsCompany2026-10-09 05:15
    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…
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  • GGlobeNewswire public company newsCompany2026-10-09 05:15
    Completion of the plant installation and commissioning is expected to increase How Mine's monthly processing capacity from approximately 40,500 tonnes to 55,000 tonnes. The commissioning represents a significant milestone for the Company, with an expected increase in milling cap…
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