On September 10, 2025, London-based gold explorer and producer Kavango Resources Plc raised £2.2 million through the issuance of 227.8 million shares, with 111.2 million subscribed by major shareholder Purebond Ltd and 10 million by chairman Peter Wynter Bee. The funds will support exploration and development at the Bill’s Luck mine and the construction of a 250-ton/day pilot gold processing plant at the Hillside project, showcasing Zimbabwe’s mining potential.
