Namib Minerals Completes Commissioning of Expanded Milling Plant at How Mine
Globe Newswire•08/10/2026•17:15 ET
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Key Highlights
- ➤How Mine processing capacity expected to rise 36% to 55,000 tonnes monthly
- ➤Commissioning completed ahead of the previously communicated mid-October deadline
- ➤Annualized run-rate targeted above 30,000 ounces at current grades
- ➤Full milling capacity targeted for December 2026
- ➤Redwing Mine restart remains on schedule, with first gold targeted January 2027
Expert Statements
Tulani Sikwila, Chairman and CEO of Namib Minerals
“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”
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.
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 capacity of approximately 36%.
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