in Short
Mining : Kavango Resources raises £6.5M for gold mine development in Africa
British miner Kavango Resources Plc is set to raise £6.5 million for developing gold mines, including the Hillside Project, and for further exploration in Zimbabwe and Botswana. With three gold mining projects in Zimbabwe, Kavango is focusing on high-grade mining in the Matabeleland region. Part of the funds will be used for drilling activities and mining development projects expected to begin by late 2025.