Namib Minerals NAMM

Namib Minerals (NASDAQ:NAMM) reported higher first-half revenue, gross profit and adjusted EBITDA as stronger gold prices offset lower gold production at its How Mine operation. The company also reduced its 2026 production outlook because of the timing of a mill expansion, while accelerating plans t

Moby summary of Namib Minerals Ordinary Shares's Q2 2026 earnings call

Revenue Up 40% and Adjusted EBITDA Up 76% on Stronger Gold Price and Improved Cost DisciplineExpanded Milling Plant at How Mine Substantially Complete; Commissioning Expected Mid-October, Increasing Monthly Processing Capacity by ~36%Redwing Mine Dewatering Completed Ahead of Schedule; Three-Month Restart Program Commencing October with First Gold Targeted No Later Than January 2027Full-Year 2026 Production Guidance Revised to 26,500–27,000 Ounces; C1 Cost Guidance MaintainedManagement to Host B