<p>Namib Minerals has announced a new strategic partnership with Bitumen World Mining (BW Mining) for the retreatment of sands at How Mine in Zimbabwe. According to the company, BW Mining has mobilized equipment and begun preparatory work to test the sands resource, which holds an inferred gold resource of 213,000 ounces as outlined in Namib Minerals’ SK-1300 Report. The agreement aims to extract additional value from existing resources and potentially increase overall EBITDA, subject to the successful completion of the testing phase and various market conditions. This initiative complements Namib Minerals’ ongoing capital projects focused on long-term value creation. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Namib Minerals published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9576100-en) on November 14, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)</p>

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<p>Namib Minerals has partnered with BW Mining to retreat sands at How Mine in Zimbabwe. BW Mining has started preparatory work to test the sands, which contain an inferred gold resource of 213,000 ounces. The agreement aims to extract additional value and potentially increase EBITDA. This initiative supports Namib Minerals' long-term value creation projects.</p>

Namib Minerals Signs Agreement With BW Mining for How Mine Sands Treatment