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Namib Minerals Secures US$6.5 Million Term Loan Facility to Partially Fund Resource Definition and Bankability

Tue, 29 Sep 2026 19:26:00 -0400

New York, Sept. 29, 2026 (GLOBE NEWSWIRE) -- Namib Minerals ("Namib" or "the Company") (Nasdaq: NAMM), today announced that Bulawayo Mining Company (Private) Limited, a wholly owned subsidiary of the Company, has secured a non-dilutive new term loan facility for US$ 6.5 million (the “New Term Loan Facility”) with African Banking Corporation of Zimbabwe Limited (“BancABC”). The New Term Loan Facility is in addition to the Company’s existing term loan and overdraft facilities with BancABC, with all such facilities consolidated into a single facility (the “Facility”). The Facility strengthens the Company's liquidity and working capital position

Namib Minerals Secures US$6.5 Million Term Loan Facility to Partially Fund Resource Definition and Bankability

Tue, 29 Sep 2026 19:26:00 -0400

Namib Minerals Secures US$6.5 Million Term Loan Facility to Partially Fund Resource Definition and Bankability

Tue, 29 Sep 2026 19:26:00 -0400

Namib Minerals Secures US$6.5 Million Term Loan Facility to Partially Fund Resource Definition and Bankability

Tue, 29 Sep 2026 19:26:00 -0400

Namib Minerals advances mill expansion at How Mine facility

Tue, 02 Jun 2026 17:24:29 -0400

Namib Minerals (NASDAQ: NAMM) reported progress on its Mill Expansion Project at How Mine, with civil works at an advanced stage. The company completed the raft foundation, mill plinth and tower foundations for the facility.

Principal mechanical components have been delivered to the site, including the mill shell. Factory acceptance tests for the project transformer and starter have been completed, according to the company's operational update.

Civil, mechanical and electrical installation works are currently underway at the site. Engineering, procurement and contractor management activities continue across the project workstreams.

The company maintains its timeline to complete construction and commissioning in the second half

Namib Minerals advances mill expansion at How Mine facility

Tue, 02 Jun 2026 17:24:29 -0400

Civil, mechanical and electrical installation works are currently underway at the site. Engineering, procurement and contractor management activities continue across the project workstreams.

The company maintains its timeline to complete construction and commissioning in the second half

Namib Minerals advances mill expansion at How Mine facility

Tue, 02 Jun 2026 17:24:29 -0400

Civil, mechanical and electrical installation works are currently underway at the site. Engineering, procurement and contractor management activities continue across the project workstreams.

The company maintains its timeline to complete construction and commissioning in the second half

Namib Minerals –Operational Update

Tue, 02 Jun 2026 17:24:00 -0400

New York, June 02, 2026 (GLOBE NEWSWIRE) -- Namib Minerals (Nasdaq: NAMM) ("Namib Minerals" or the "Company") today provided an update on the Mill Expansion Project at How Mine, a key component of the Company's strategy to expand processing capacity and grow gold output at its flagship asset.