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Namib Minerals (Nasdaq: NAMM) announced on October 9, 2025 that it has reaffirmed and expanded its engagement with professional services firm WSP to conduct comprehensive feasibility studies for the Redwing and Mazowe gold mining assets in Zimbabwe.
The company said WSP will leverage prior experience with these assets to provide strategic insights aimed at accelerating development plans, advancing expansion objectives, and helping bring operations to full capacity while supporting a strategy of sustainable growth in gold and critical minerals production.
Namib Minerals (NASDAQ:NAMM) has completed its business combination with Hennessy Capital Investment Corp. VI and successfully listed on the Nasdaq Stock Exchange. The company's flagship How Mine in Zimbabwe generated 36.6 koz of gold and US$86 million in revenue in 2024.
The company's portfolio includes three gold assets with 1.6Moz of measured and indicated reserves at 3.92 g/t Au grade, plus 2.4Moz in inferred resources. Namib Minerals is planning expansion at How Mine and restart operations at Mazowe and Redwing mines. Additionally, the company holds 13 exploration permits in the Democratic Republic of Congo for copper and cobalt mining.
Namib Minerals Corp. (NASDAQ: NAMM) has announced its focus on gold, copper, and cobalt production and exploration across Africa. The company operates through producing and development-stage assets, emphasizing a dual strategy of business growth and local economic development.
The company's mission centers on reinvesting in Africa while building a modern mining enterprise. Namib Minerals aims to leverage African mining opportunities to create both long-term growth potential and positive local impact.
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