Andrada Secures Up to USD51m ACAM Partnership to Accelerate Namibia’s Brandberg West Project

Andrada Mining ( (GB:ATM) ) just unveiled an update.

Andrada Mining has entered into a conditional, staged earn-in partnership with ACAM’s affiliate BWCAM worth up to USD51 million to fast-track the exploration and development of the historic Brandberg West polymetallic project in Namibia. The deal will see BWCAM initially invest USD10 million for a 30% stake in Andrada Investments (Mauritius) Limited, with an option to commit a further USD40 million to increase its interest to 49%, while Andrada retains operational control. Funds will be used to investigate tailings recovery, expand exploration, and advance metallurgy and feasibility studies to definitive feasibility level, targeting the development of Brandberg West as a major new source of copper, tungsten and tin. The transaction introduces copper and tungsten as standalone revenue streams alongside tin, deepens Andrada’s exposure to critical minerals amid rising prices and strong demand from the energy transition, and brings in a prominent natural resources investor under a milestone-based structure that aims to de-risk development and accelerate project timelines for shareholders.

The most recent analyst rating on (GB:ATM) stock is a Hold with a £4.50 price target. To see the full list of analyst forecasts on Andrada Mining stock, see the GB:ATM Stock Forecast page.

Spark’s Take on GB:ATM Stock

According to Spark, TipRanks’ AI Analyst, GB:ATM is a Neutral.

The score is held back primarily by weak financial performance—ongoing losses, negative ROE, and negative operating/free cash flow—despite solid revenue growth. Technicals are supportive with a clear uptrend, but momentum indicators are elevated, increasing pullback risk. Valuation is constrained by a negative P/E and no provided dividend yield.

To see Spark’s full report on GB:ATM stock, click here.

More about Andrada Mining

Andrada Mining is a critical metals producer focused on Namibia, with an expanding portfolio of mining and exploration assets. The company currently supplies tin into a constrained global market and is broadening its portfolio to include additional future-facing metals such as copper and tungsten, aiming to position itself as one of Africa’s more diversified critical-mineral producers benefiting from global energy transition demand.

Average Trading Volume: 7,261,308

Technical Sentiment Signal: Buy

Current Market Cap: £80.42M

For a thorough assessment of ATM stock, go to TipRanks’ Stock Analysis page.