Namib Minerals Advances How Mine Mill Expansion Toward H2 2026

Namib Minerals reported material progress on its How Mine Mill Expansion Project on June 2 2026, with raft foundations, mill plinth and tower foundations now complete. Principal mechanical components including the mill shell have been delivered and factory acceptance tests for the transformer and starter finalized. Civil, mechanical and electrical installations are underway while construction and commissioning remain on schedule for the second half of 2026. The update signals higher future gold processing capacity at the flagship asset and is viewed as constructive for gold exposure.