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Namib Minerals reports first-half revenue up 40% to $50.8 million

Zimbabwe-focused Namib Minerals reported first-half 2026 revenue of US$50.8 million and gold production of 11,373 ounces in results published October 1.

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Revenue rose 40% from US$36.4 million in the corresponding 2025 period, according to the company’s six-month results released October 1. Average net realized gold price after royalties was US$4,195 an ounce. How Mine produced 11,373 ounces, compared with 12,741 ounces a year earlier.

The company lowered its 2026 full-year production guidance to 26,500–27,000 ounces from 28,000–31,500 ounces. These figures are company guidance. The release covers its How Mine and Redwing operations in Zimbabwe.

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First-half financial and production results

Company half-year results covering Namib Minerals’ Zimbabwe operations.

Revenue
50.8 million USD
2026-01-01 — 2026-06-30 · Observed
Gold production
11,373 troy ounces
2026-01-01 — 2026-06-30 · Observed
2026 full-year gold-production guidance (lower bound)
26,500 troy ounces
2026 · Forecast
Methodology

Revenue and production are reported period results; the full-year range is company guidance. Period is January–June 2026.

Updated:

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  • Zimbabwe · Zimbabwe · Place role: Coverage · Place type: Country or area · Location precision: Regional
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Taxonomy version: IPTC Media Topics 2026-Q2

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