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NAMM: H1/26 Results; Redwing Restart Brought Forward
SUMMARY
- What you need to know: • Namib reported H1/26 revenue of $50.8M (+40% YoY) and adjusted EBITDA of $19.0M (+76% YoY), as a 48% higher realized gold price more than offset lower grades at the How Mine.
- • 2026 production guidance was trimmed to 26.5-27.0Koz (from 28.0-31.5Koz) on the timing of the How mill expansion, which completed commissioning with full capacity targeted in December.
- • Redwing dewatering was completed ahead of schedule, and the Company has brought forward the restart, targeting first gold in January.
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- NAMM: H1/26 Results; Redwing Restart Brought Forward09 Oct 2026
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