Kavango Resources Plc
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Jasper Musadaidzwa
- Full Time Employees
- 198
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- 99 Gresham Street London GL United Kingdom EC2V 7NG
- IPO Date
- Jul 31, 2018
- Website
- kavangoresources.com
- Similar Companies
- Business
- Kavango Resources Plc is a London-headquartered metals exploration and gold production company focused on unlocking mineral potential in Southern Africa, particularly in Zimbabwe and Botswana. The company’s core products and services include gold production from near-term commercial gold mines in Zimbabwe’s greenstone belts; exploration for copper and silver mineralization in the Kalahari Copper Belt (KCB) in Botswana; and the search for nickel, copper, and platinum group element (PGE) deposits in Botswana’s Kalahari Suture Zone. Kavango holds approximately 18 prospecting licenses across these regions, covering over 6,000 square kilometers in the KCB, and additional licenses in southwestern Botswana and Zimbabwe, targeting base and precious metals including gold, copper, silver, nickel, and PGEs. The company's notable projects include the Hillside gold project and the Leopard project in Zimbabwe, alongside the Karakubis copper project and others in Botswana. Recent strategic developments include Kavango’s acquisition of a 90% working interest in six new prospecting licenses in Botswana's Kalahari Copper Belt through the purchase of shares in Icon Trading (Pty) Ltd and Ashmead Holdings (Pty) Ltd, subsidiaries of Global Exploration Technologies. This acquisition significantly expands Kavango’s contiguous exploration area, linking its Karakubis and South Ghanzi blocks to increase potential for large-scale copper-silver discoveries. Additionally, Kavango has exercised its option to acquire the fully permitted Nara Gold Project in Zimbabwe and is advancing the Hillside Gold Project, where recent high-grade gold intercepts and confirmation of open-pit gold deposits have underscored project potential. The company is conducting further geophysical surveys and drilling to expand its targets for near-term gold production and base metal exploration. Kavango is transitioning towards production while continuing its base metals exploration, aiming for rapid growth through acquisitions and development in these key Southern African mineral belts. Founded in 2017, Kavango Resources operates primarily in Zimbabwe and Botswana across the Southern Africa region. The company’s exploration and production activities focus on generating shareholder value through modern mechanised mining methods and advanced exploration technology in historically underexplored regions. Kavango maintains a dual-track strategy of developing near-term gold production alongside organic growth in copper, nickel, and PGE exploration, making it a diversified metals explorer and producer in Southern Africa. The company is publicly listed on the London Stock Exchange under the ticker KAV.L. This recent expansion through acquisition, advancement of gold projects towards production, and enhanced exploration techniques mark significant operational and strategic shifts positioning Kavango as an emerging diversified Southern Africa mining company focused on precious and base metals.
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