NAMM

Namib Minerals (NAMM) Q2 2026 Earnings Call Transcript

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.

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.

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.

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”).

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.

A defined five-step restart pathway on a targeted schedule: dewatering expected to be completed in Q4 2026, the fully funded DFS technical programme expected to conclude in early Q1 2027, and resource definition drilling to follow under the Company's sequenced financing plan, advancing Redwing Mine toward the restart decision. 20 July 2026 New York, July 20, 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 set out the defined pathway and targeted milestone schedule for the restart of Redwing Mine, and announced that the technical programme of its Definitive Feasibility Study (“DFS”) is fully funded through to completion.

New York, July 07, 2026 (GLOBE NEWSWIRE) -- Namib Minerals (Nasdaq: NAMM) ("Namib Minerals" or the "Company") today announced a series of Board and executive leadership appointments to strengthen Board oversight, reinforce financial leadership and support the Company's next phase of growth, including the planned restart of the Redwing Mine and execution of its development financing strategy. Tulani Sikwila has been appointed Chairman of the Board in addition to serving as Chief Executive Officer; Wendy Luhabe has joined the Board as an Independent Non-Executive Director and Lead Independent Director; and Sphe Mchunu has been appointed Chief Financial Officer.

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