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Namib Minerals' Redwing Mine dewatering on track, pumping over 544,000m³ since January.

Market News
19 May 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Namib Minerals is progressing as planned with the dewatering of its Redwing Mine in Zimbabwe, having pumped over 544,000 cubic meters of water since January 2026. This effort is crucial for restarting operations at the mine, which holds 1.18 million ounces of gold in resources and has historically produced 650,000 ounces. The company expects to increase pumping capacity soon and aims to advance to the next phase of underground access and technical work. Successful dewatering supports Namib's strategy to grow its African gold mining platform through phased development.

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