Jul. 24 at 7:16 PM
Official update from Namib Minerals
$NAMM
We've published the 5-step restart pathway for Redwing Mine, Zimbabwe 🇿🇼 — DFS technical programme now fully funded through completion.
⛏️ Dewatering: on track, complete Q4 2026
📋 DFS (S-K 1300, by WSP Global): concludes early Q1 2027
🔜 Next: 8,750m resource definition drilling, targeted Q4 2027
🏗️ Then: construction & phased restart on a positive decision
Funded via US
$5M non-dilutive Ecobank facility — no dilution for this stage.
Full release: https://www.namibminerals.com/investors/news-events/press-releases/detail/102/namib-minerals-sets-out-development-timelines-and-milestones-for-redwing-mine-technical-programme-of-the-definitive-feasibility-study-fully-funded-through-to-completion
Forward-looking statements — see our SEC filings. Not investment advice.