Namib Minerals shares surge 10.32% premarket following operational update and expanded WSP collaboration for feasibility studies.

Namib Minerals (NAMMW) surged 10.32% in premarket trading following an operational update from GlobeNewswire, which highlighted progress in production and feasibility studies to advance expansion plans. The update reaffirmed collaboration with WSP, a strategic partnership aimed at enhancing the company’s growth trajectory. This development likely bolstered investor confidence in Namib Minerals’ ability to scale operations and improve profitability, aligning with the stock’s upward movement. The renewed focus on feasibility studies and expansion underscores the company’s commitment to unlocking value, particularly in gold and copper production, which are critical to its long-term strategy.