Namib Minerals (NAMM:NASDAQ)

  • Namib Minerals is a Zimbabwe-based gold producer with one operation in production and two past producing projects with restart potential.

  • The Company plans to expand its production profile through internal growth initiatives and capex investments.

  • NAMM produced 36.6Koz of gold in 2024 at the How Mine and we expect this to increase in 2026.

Investment Summary

Namib Minerals is a gold producer, developer and explorer with operations focused in Zimbabwe. Namib Minerals and its subsidiaries (including Greenstone) are a significant player in Zimbabwe’s mining industry, driving sustainable growth and innovation across the sector. Currently, the Namib Minerals group operates an underground mine in Zimbabwe, with additional exploration assets in Zimbabwe and the DRC.

Company Description

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