Namib Minerals finishes expanded milling plant commissioning at How Mine

Namib Minerals said on October 8, 2026 that commissioning is complete at the expanded milling plant at How Mine, and that the work finished ahead of the mid-October deadline it had previously communicated. The company said the upgrade is expected to lift monthly processing capacity from about 40,500 tonnes to 55,000 tonnes, an increase of roughly 36%.

For a retail trader following the company, the main point is that the plant is now moving from installation into ramp-up. Tulani Sikwila, Namib Minerals’ chairman and chief executive, said the focus has turned 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 he outlined on the company’s recent call.

The company said full capacity is targeted for December 2026. It also said the restart of Redwing Mine remains on schedule, with first gold targeted by January 2027.

Namib Minerals is a gold producer, developer and explorer with operations focused in Zimbabwe. It currently operates How Mine, an underground gold mine in Zimbabwe, and aims to restart two assets in Zimbabwe.