Proactive weekly mining highlights: Hochschild Mining, Horizonte Minerals, Kavango Resources ...
Some of the stories from London-listed miners this week
Company
LON:KAV
Kavango Resources plc is a Southern Africa focused metals exploration and gold production company. The company is unlocking the mineral potential of Southern Africa through a focused, dual-track strategy.
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Some of the stories from London-listed miners this week
Kavango will become the majority owner of the Molopo Farms Project and boost its presence in the Kalahari Copper Belt
The company has identified a 30km strike length, which has possible large-scale nickel-copper-platinum group element mineralisation
Exploration efforts are continuing apace across huge swathes of Kavango's ground
Kavango also has highly prospective ground at Ditau and the wider Kalahari Copper Belt
Magnetic readings were 3 to 23 times higher than found in common gabbros
Some the mining market stories shifting the dial last week in London
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Kavango Resources (LON:KAV) 5.2p, Mkt cap £21m – COO appointed Kavango reports that it has has appointed Mr Brett Grist as Chief Operating Officer, who will join Kavango on 7 February 2022, and will join the board of Kavango as an executive
He will take up the position and also join the Kavango board on 7 February 2022
"Hard work, intelligent application of geophysics, skilled drilling and a bit of luck have brought us to this point."
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Gem Diamonds (LON:GEMD) – Operational disruption prompts adjustments to production and cost guidance at Letšeng Greatland Gold (LON:GGP) – Further drilling results from Havieron show potential to expand the South East Crescent zone Power Me
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Equals Group 68.5p £122.85m (LON:EQLS) The fintech payments group focused on the SME marketplace has completed a material international payments transaction for a large corporate client that will contribute circa £1.5m to Group revenues in
Acacia is now the company's highest priority target for possible drilling in the KCB
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Alba Mineral Resources (LON:ALBA) – Plans for Clogau mine to focus on underground bulk sampling Altus Strategies* (LON:ALS) – BUY, 125p – Drilling restarts at the Diba project in Mali Aura Energy* (LON:AURA) – Tiris offtake agreement BlueRo
The area covered by Kavango's KSZ licences displays a geological setting similar to that hosting world-class magmatic sulphide deposits
Kavango has accelerated exploration across all its three project areas, chairman David Smith said.
Kavango's exploration efforts are ongoing, and the drill rig has just commenced work at a new hole
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Anglo Asian Mining* (LON:AAZ) - BUY – H1 results show impact of reagent, consumables and diesel cost increases Caledonia Mining* (LON:CMCL) – Acquisition of the Maligreen project Cornish Metals* (LON:CUSN) – Stepping up drilling capacity at
Tiyapo (Tipps) Ngwisanyi has been appointed as managing director of Kavango's local operating subsidiary in Botswana
The LVR project covers 1,091km2 of prospective ground in the Kalahari Copper Belt in Botswana