Namib Minerals

Namib Minerals is a Pan-African multi-asset mining platform focused on precious and critical metals, primarily gold. The company operates as a gold producer, developer, and explorer, with a strategic mission to evolve into a multi-asset, mid-tier gold producer, targeting a long-term objective of 300,000 ounces per year. Headquartered in Grand Cayman, Cayman Islands, Namib Minerals emphasizes sustainable and responsibly sourced mineral production.

The company's key operations are concentrated in Sub-Saharan Africa, specifically Zimbabwe and the Democratic Republic of Congo (DRC). Its primary assets include the operational How Mine in Zimbabwe, an underground gold mine, and two additional gold mines in Zimbabwe, Mazowe Mine and Redwing Mine, which are targeted for restart. Beyond gold, Namib Minerals holds 13 early-stage exploration permits for copper and cobalt in the DRC, diversifying its portfolio into critical green metals.

Namib Minerals became publicly traded on NASDAQ under the ticker NAMM in June 2025, following a business combination with Hennessy Capital Investment Corp. VI. In recent leadership changes, Tulani Sikwila was appointed Chief Executive Officer on March 18, 2026, also retaining his role as Chief Financial Officer. The company regained compliance with Nasdaq listing rules on February 18, 2026, and commenced dewatering operations at its Redwing Mine on January 29, 2026, as part of its restart strategy. The How Mine produced 25,000 ounces of gold in 2025, generating $82.6 million in revenue, and plans are underway to expand its milling capacity by approximately 36% to 55,000 tonnes per month by the second half of 2026.