On June 5, 2026, Namib Minerals' wholly owned subsidiary, Bulawayo Mining Company (Private) Limited, entered into a $5.0 million term-loan facility with Ecobank Zimbabwe Limited. The loan has a 36-month term expiring May 31, 2029, with an interest rate of 11% per annum (12% base minus 1% margin). To secure the loan, the subsidiary provided a $7.5 million security interest in plant and machinery and a tripartite agreement with Fidelity Gold Refinery to route at least $3 million monthly from gold sales to Ecobank. Proceeds will fund mining development, including milling plant expansion and drilling equipment. The company operates in the mining industry and extracts mineral resources.

Namib Minerals elected Tulani Sikwila as Chairman of the Board, who will continue as CEO but step down as CFO. Siphesihle Mchunu, formerly General Counsel, was appointed as CFO, absorbing the General Counsel role. Wendy Luhabe was appointed as a Class III director and lead independent director, effective July 3, 2026, to fill the vacancy left by Ibrahima Tall. Namib Minerals is a mining company operating in the mineral extraction and extraction-related services industry.