2025/11/07 – 16:20:00 – 1086551241837773072
Andrada deepens its commitment to responsible growth in FY2025
Andrada Mining Limited (formerly AfriTin Mining Limited)
Registration No: 63974 (Incorporated by the Guernsey Registry)
Registered as an external company in Namibia
ISIN Code: GG00BD95V148
NSX Share Code: ATM
Andrada deepens its commitment to responsible growth in FY2025
Andrada Mining Limited (AIM: ATM, OTCQB: ATMTF), a critical raw materials producer with
mining and exploration assets in Namibia, is pleased to announce the publication of its
Sustainability Report for the financial year ended 29 February 2025. The report details significant
achievements in health and safety, socio-economic contributions to Namibia, and the
formalisation of robust ESG frameworks aligned with global best practice. The report is prepared
in accordance with the Global Reporting Initiative (“GRI”) Universal Standards 2021, including the
early adoption of GRI 14: Mining Sector 2024 standard. It is also aligned with the SASB Metals
and Mining Standard, Task Force on Climate-related Financial Disclosures (“TCFD”), and
Taskforce on Nature-related Financial Disclosures (“TNFD”) frameworks.
The full FY2025 Sustainability Report is available for download on the Company’s website at
KEY HIGHLIGHTS
Health and Safety
• Zero Harm: Achieved a Lost Time Injury Frequency Rate (“LTIFR”) of 0.00 (FY2024:
3.02) and maintained a zero Fatality Injury Frequency Rate (“FIFR”).
• 25% reduction in Total Recordable Injury Frequency Rate to 5.07: reflecting a culture
of safety and care.
Environmental Stewardship
• Improvement in energy efficiency: 8% year-on-year (“YoY”) improvement,
demonstrating operational optimisation and climate action.
• Waste Reduction: 64% YoY reduction to 57 tonnes (FY2024:158 tonnes), reflecting the
effectiveness of strengthened controls aimed at reducing hazardous material generation.
• Development of the Andrada Nature Roadmap: guiding biodiversity and nature-positive
initiatives.
Social Investment
• Local Employment: 98% Namibian workforce, demonstrating our commitment to local
employment and skills development.
• 36% female employee representation at operational management level, reinforcing
diversity and inclusion progress.
• In-country Economic Contribution: 49% increase YoY at £31.4 million (FY2024: £21.0
million).
Governance
• Improved alignment with international standards: including progress towards the
Global Industry Standard on Tailings Management (“GISTM”) and the ICMM Mining
Principles. Andrada’s internal ICMM Performance Principles Assessment score improved
from 41% to 54%.
• IFC-aligned grievance mechanism fully operational, ensuring transparent stakeholder
engagement and conflict resolution.
The full announcement can be viewed at:
https://polaris.brighterir.com/public/andrada_mining/news/rns/story/xojkmmr
Anthony Viljoen
Chief Executive Officer
07 November 2025
Registered Office
Andrada Mining Limited
PO Box 282
Oak House Hirzel Street,
St Peter Port Guernsey GY1 3RH
United Kingdom
Sponsor
IJG Securities (Pty) Ltd
Member of the NSX
4th Floor, 1@Steps, C/O Grove and Chasie Street, Klein Kuppe
P O Box 186, Windhoek, Namibia
Registration No. 95/505
Date: 07-11-2025 04:20:00
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Namibia Securities Exchange – NAM News