Kavango Resources plc has installed and started operating its processing plant, designed to take 50 tonnes per day, at its Hillside gold project in Matabeleland, Zimbabwe. EXPAND CAPACITY Commissioning began on 1 July 2026, using feed material that included stockpiled and freshly milled gold-bearing sands, and reached 69% capacity between 18 and 28 July. The […]
Tag: Bill’s Luck gold mine – Hillside – Matabeleland -Zimbabwe
Kavango issues 36.6m shares
Kavango Resources plc will issue 36,596,469 new ordinary shares to Comarton Consultants (Private) Ltd ATF and six pension funds, under the Comarton managed pension funds investments consortium. TVRs The shares issue, at £0.01 per shares, follows those in April and September 2025 and in January 2026. The total number of Consortium pension funds invested in Kavango now […]
Kavango raises $373,000
Kavango Resources plc has raised US$373,323.19 via a subscription held in Zimbabwe for 27,651,514 new ordinary shares, at the equivalent of £0.01 per share. USES The company has applied for the transition of the Victoria Falls Stock Exchange shares to the equity shares category of the Official List of the Financial Conduct Authority and then to […]
Kavango CEO leaves
Kavango Resources plc chief executive officer and director Ben Turney has left his post, with immediate effect. Executive chairman Peter Wynter Bee becomes interim CEO until the appointment of a new CEO. Non-executive director Donald McAlister will act as interim chief financial officer and Gautam Dalal will be chairman of the audit committee. “Over the […]
Kavango raises £2.2m
Kavango Resources plc has raised £2.2 million by the issue of 227,751,720 new ordinary shares, each at a price of one pence, by a direct subscription and placing. TVRs The southern Africa-focused company’s major shareholder Purebond Ltd directly subscribed for 111,201,720 new ordinary shares. Kavango’s chairman and director Peter Wynter Bee subscribed for 10 million new […]
Kavango begins 1,400m drilling at Bill’s Luck
Kavango Resources plc has started its resource drilling programme, designed to increase production, at Bill’s Luck gold mine on the Hillside project in Zimbabwe. PAYBACK The 1,400m campaign comprises diamond drilling, infill diamond drilling and reverse circulation drilling, ahead of defining an inaugural mineral resource estimate suitable for three years’ mining. Operations will focus on […]