Namib Minerals (NASDAQ:NAMM) is one of the best short-term stocks to buy now. On April 2, 2026, the company used its year-end release to highlight operational progress. At its flagship How Mine in Zimbabwe, Namib said it is working on increasing throughput, improving equipment availability, maintaining recovery rates, and stabilizing grade after a lower-grade 2025. The company said several grade-control and mine-planning initiatives are already in place to support more predictable production and cost performance over time.
The main business-update item was expansion. Namib said the planned increase in ore milling capacity at How Mine from 40,500 to 55,000 tonnes per month remains on track, with the upgraded facility expected to come online in the second half of 2026. It also said the restart program at the Redwing Mine is advancing, with dewatering having officially begun on January 29, 2026. Management expects a significant volume of water to be removed over an eight-month period, with that work expected to be completed by late 2026.
Gold bars. Photo by Zlaลฅรกky.cz on Pexels
The company also tied the update to leadership changes and forward guidance. Namib said Tulani Sikwila was appointed CEO in March, while the company added Antonio Nieto as Vice President of Technical Services and continues searches for a CFO and COO. For 2026, Namib guided for 28,000 to 31,500 ounces of production at How Mine and adjusted EBITDA of $50 million to $62 million.
Namib Minerals (NASDAQ:NAMM) is a gold producer, developer, and explorer focused on Zimbabwe. The company operates the How Mine and aims to restart two additional assets in the country.
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