Namib Minerals Targets November 2026 Gold Pour at Redwing Mine in Zimbabwe

Namib Minerals plans an accelerated restart of its Redwing Mine in Zimbabwe, targeting first gold production in November 2026, the company said in a GlobeNewswire release on November 3, 2026. The company initially expects to process about 3,600 tonnes of ore per month, producing roughly 338 ounces of gold monthly.

Namib Brings Redwing Back Ahead of Feasibility Study

Namib Minerals is a Zimbabwe-focused gold producer that operates the How Mine, Redwing Mine and Mazowe Mine and sells gold to global refiners and commodity markets, according to akta.pro company records.

In April 2026, Namib said it did not intend to resume production at Redwing until it completed a Definitive Feasibility Study aimed at redesigning the mine for higher capacity. After a recent policy step by the Zimbabwe Ministry of Mines and Mining Development on reserving the small-scale and medium-scale gold mining sector for Zimbabwean citizens, the company adjusted its approach. The policy sets production requirements for foreign-owned operators, with thresholds to be met by January 1, 2027.

Namib launched a parallel workstream to refurbish and recommission Redwing's existing underground workings and processing plant, which it expects will bring the mine back into production before the DFS is complete. "Restarting Redwing ahead of schedule is a defining milestone for Namib," said Chairman and CEO Tulani Sikwila.

The company said the accelerated restart runs alongside the DFS and resource definition programme and does not change the sequencing of the Development Timelines and Milestones for Redwing announced in July 2026. Namib also said its recently announced guidance for FY2026 remains unchanged.

Redwing historically produced approximately 650,000 ounces of gold between 1981 and 2023. Grid power was restored in June 2026, dewatering was completed in September 2026, the South Shaft winder was refurbished and recommissioned during September 2026, and refurbishment and commissioning of the crushing plant was completed in October 2026.

Redwing's Planned Production Ramp-Up

Namib intends to step up to approximately 10,000 tonnes of ore and 835 ounces of gold per month by Q2 2027, contingent on additional winding capacity. The company has ordered a higher-capacity winder and expects to receive it by the end of Q1 2027. Mine management is targeting milling, elution and carbon-in-pulp commissioning for completion during the first half of November 2026.

How Mine Expansion Preceded the Redwing Restart

On October 8, 2026, Namib completed commissioning of its expanded milling plant at How Mine ahead of the mid-October deadline, raising monthly processing capacity from about 40,500 to 55,000 tonnes, a 36% increase, Stock Titan reported. On October 22, 2026, a Namib subsidiary signed a nonbinding $30 million, 36-month term sheet with Ecobank Zimbabwe for Redwing's resource-definition and bankability programme, Stock Titan reported. On September 29, 2026, a Namib subsidiary secured a $6.5 million term loan from BancABC to partially fund Step 3 of the Redwing restart, including surface exploration drilling and advancing the DFS to bankability, FinancialContent Business Page reported.

Namib's Next Dates for Redwing

Namib will announce the first gold pour date once it is finalised. The company expects to issue 2027 production and cost guidance during Q1 2027.