Namib Minerals 2025 Results, 2026 Guidance
Analysis based on 6 articles · First reported Apr 02, 2026 · Last updated Apr 02, 2026
Namib Minerals' positive financial results for 2025, including increased profit and Adjusted EBITDA, along with its operational progress at How Mine F.C. and Redwing Mine, are likely to be viewed favorably by investors. The 2026 guidance provides a clear outlook for future performance, potentially boosting investor confidence in Namib Minerals' growth strategy in the gold mining sector.
Namib Minerals announced its full year 2025 financial results, reporting a significant increase in profit to $101.2 million and an 18% rise in Adjusted EBITDA to $29.0 million. The company produced approximately 25,000 ounces of Gold, generating $82.6 million in revenue. Operational updates include the ongoing expansion of ore milling capacity at its flagship How Mine F.C. in Zimbabwe, expected to be completed in the second half of 2026. The restart program for Redwing Mine, also in Zimbabwe, advanced with dewatering activities commencing in January 2026. Namib Minerals also strengthened its leadership team with the appointment of Tulani Sikwila as CEO and Antonio Nieto as VP of Technical Services, while Molly Zhang resigned as a director. The company provided 2026 guidance, forecasting 28,000 to 31,500 ounces of Gold production and Adjusted EBITDA of $50m to $62m.
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