Namib Minerals targets Redwing Mine dewatering completion in Q4 2026
Reuters2026/07/20 20:17By:Reuters
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- Namib Minerals set a five-step timeline to restart Zimbabwe’s Redwing gold mine, targeting dewatering completion in Q4 2026.
- The definitive feasibility study technical program is fully funded, with completion expected in early Q1 2027.
- Next funding stage targets an 8,750-meter resource-definition drilling program, with Step 3 work expected to finish in Q4 2027.
- A USD 5 million, 36-month term facility for capital works at the producing How Mine frees internal cash flow to fund the DFS program.
- Power upgrades, equipment refurbishment targeted for Q3 2026 to support the restart plan.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Namib Minerals published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607201615PRIMZONEFULLFEED9765060) on July 20, 2026, and is solely responsible for the information contained therein.
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