Namib Minerals, an African gold producer listed on Nasdaq, has announced a major business update outlining its strategic growth initiatives. The company is moving forward with a $300-400 million capital plan to expand operations at its How Mine in Zimbabwe, targeting a production capacity of 55,000 tonnes per month by the second half of 2026. Namib Minerals has also commenced enabling works at its Redwing mine, which will include an eight-month dewatering program, and is pursuing the disciplined restart of both the Mazowe and Redwing mines. The company's long-term vision is to become a multi-asset, mid-tier gold producer with a strategic goal of reaching 300,000 ounces of annual production, supported by operational optimization and portfolio diversification through critical minerals exploration.