Nasdaq Stock Exchange-listed Namib Minerals has completed the dewatering of its Redwing Mine in Penhalonga ahead of its Q4 2026 target, clearing the way for renewed underground technical work as the company advances plans to restart the mine, Mining Zimbabwe can report.
By Rudairo Mapuranga
The company announced the milestone on September 21, saying completion of the dewatering programme marks the first stage of its five-step restart plan outlined in July.
With underground workings now accessible, technical teams can proceed with mapping and sampling, alongside geotechnical and hydrological investigations that will support the technical programme for the Definitive Feasibility Study (DFS).
Namib Minerals said the DFS technical programme remains fully funded through completion and is still expected to conclude in early Q1 2027.
The next stage involves completing engineering, metallurgical, geotechnical, hydrological, environmental and financial workstreams as part of the DFS.
The third stage is expected to involve 8,750 metres of surface exploration drilling and further resource-definition work, with the company targeting Q4 2027 for that phase. Construction and a phased restart would follow a positive DFS decision and the mobilisation of the required capital.
“Dewatering was the gateway to everything that follows at Redwing, and we have delivered it ahead of the schedule we published,” Namib Minerals Chief Executive Officer and Chairman Tulani Sikwila said.
“We set out a five-step pathway in July precisely so that our shareholders could measure us against it. Step one is done, step two is funded and underway, and we intend to keep reporting against that same map.”
