Namib Minerals
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $84.3M
- Price
- $1.51
- % Change (Daily % change from the live per-ticker quote feed.)
- +4.86%
- Volume
- 1.2M
About
Namib Minerals is a gold producer, developer and explorer with operations focused in Zimbabwe. The company was founded on June 5, 2025 and is headquartered in George Town, Cayman Islands.
Quick stats
Shares outstanding55.9M
Computed float4.5M
Float / shares8.0%
Key info
SectorBasic Materials
IndustryGold
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0002026514
AI Summary
AI-generated1/16
standardbullishoperations update
Namib Minerals Sets Out Development Timelines and Milestones for Redwing Mine; Technical Programme of the Definitive Feasibility Study Fully Funded Through to Completion
Namib Minerals outlined a five-step pathway to restart the Redwing Mine, targeting the completion of a fully funded Definitive Feasibility Study in early Q1 2027.
The technical programme funding was secured via a $5.0 million non-dilutive term facility obtained by subsidiary Bulawayo Mining Company from Ecobank Zimbabwe for works at How Mine, freeing up internal cash flow.
Operational milestones include dewatering completion by Q4 2026, followed by resource definition drilling aimed at advancing the project to full bankability by Q4 2027.