Namib Minerals completes Redwing Mine dewatering
- Namib Minerals (NASDAQ:NAMM) completed dewatering at its Redwing Mine in Zimbabwe ahead of its original Q4 2026 target.
- The milestone restores underground access for technical studies, mapping and sampling activities.
- The company’s five-step restart pathway is continuing, with a Definitive Feasibility Study targeted for early Q1 2027.
Namib Minerals (NASDAQ:NAMM) completed dewatering at its Redwing Mine in Zimbabwe, achieving the first step in its five-step mine restart pathway ahead of its original fourth-quarter 2026 target.
The completion of dewatering allows safe underground access for mapping, sampling, and geotechnical and hydrological studies that will support the company’s Definitive Feasibility Study (DFS).
The DFS technical program is fully funded and remains on track for completion in early Q1 2027, while Step 2 of the restart plan is now underway.
The later restart stages include an 8,750-meter surface drilling campaign, construction activities and mine restart plans extending through Q4 2027 and beyond.
Namib Minerals said future steps remain subject to additional funding requirements and a positive development decision following completion of technical assessments.
