Summary

Mine Type	Open Pit
Status	Care and Maintenance
Commodities	Gold
Mining Method	Truck & Shovel / Loader
Production Start	...
Snapshot	Namoya Mine was put on care and maintenance on 2020. Namoya has historically suffered from Mai-Mai attacks, employee abductions — which ultimately pushed Banro into declaring force majeure and selling the asset. Shomka Capital claim they acquired Namoya through a transaction with Banro and a preventif court procedure. At the same time, Stratégos Group also assert rights to the same assets. A 2025 investigation shows that the Stratégos vs. Shomka vs. Banro/creditors dispute remains unresolved. For an investor or lender, this is a red flag: financing a restart without a clean title and a clearly defined operator is nearly impossible. Shomka Resources proposed timeline for the Namoya site mobilization to first gold pour in October 2024. There is no publicly verified evidence that Namoya entered commercial production in 2025. On the contrary, the latest analytical sources explicitly indicate continued idling. Therefore, as of November 2025, the mine is not operational.

Deposit type

• Breccia pipe / Stockwork
• Vein / narrow vein

Summary:

The Namoya deposit includes the Kakula, Kangurube, Muviringu, Mwendamboko, Seketi and Summit deposits.

The Namoya Project lies on the western edge of the Kibaran Mobile Belt (KMB). The KMB is an intercontinental mobile belt which was formed during the Mesoproterozoic between 1.4Ga and 0.9Ga when the supercontinent Rodinia was formed. The KMB is also known as a metallogenic province.

The Namoya Project, even though segmented into separate prospects, boasts one type of gold mineralisation style. The following deposit characteristics have been noted:
-gold mineralisation hosted within quartz veins and quartz stockworks, striking in a northwestsoutheast direction;
- prevalence of tourmaline crystals within the quartz veins;
- deformation structures within the quartz veins, resulting in irregular sheets, nested vein sets, ladder veins and micro-veinlets, characteristic of shearing;
- no granitic intrusions in the immediate area of the Namoya orebody (as a possible source of tourmaline) although quartz porphyry intrusions have been intersected by drill holes at Namoya Summit and Muviringu signifying potential for a deep seated granitic body; and
- sericite/chlorite schists, sometimes with carbonates, indicative of a magmatic and hydrothermal processes.

The deposit characteristics are typical of the intrusion-related, tungsten/tin-associated type. This class of magmatic-hydrothermal deposits occurs within magmatic provinces best known for tungsten and/or tin mineralization. This type of deposit contains a metal suite that includes some combination of bismuth, tungsten, arsenic, tin, molybdenum, tellurium and antimony and contrasts with that found in more widely-developed goldrich porphyry copper deposits.

Mining Methods

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Comminution

Crushers and Mills

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Processing

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Commodity Production

Commodity	Units	2020	2019	2018	2017	2016
Gold	koz	....	25	37	69	93

Operational metrics