The mineral exploration company reported widening losses and a shift to gross loss in its interim results, despite doubling revenue. Increased cash reserves from financing activities offset by higher cash burn and significant project risks.
The metals exploration and gold production company has raised £2.2 million to accelerate progress towards its goal of building a gold mining and processing capacity in Zimbabwe.
The mining company is listing its shares on the Victoria Falls Stock Exchange and issuing new shares as part of a subscription and employee share awards.
The metals exploration company provides an update on its ground geophysical programme at the Karakubis Copper Project in Botswana's Kalahari Copper Belt, including insights from a deep mineral systems exploration drill hole by First Quantum Minerals.
The mining company has commenced a resource drilling program at its Bill's Luck Gold Mine in Zimbabwe, aiming to define a maiden mineral resource estimate to support future mine planning.
The mining company has published a prospectus for its planned secondary listing on the Victoria Falls Stock Exchange in Zimbabwe.
The mining company has released a technical update on its ongoing exploration and structural analysis work at the Hillside Project in Zimbabwe.
The mining company reports a new high-grade gold intercept at its Bill's Luck Gold Mine in Zimbabwe, confirming the presence of a promising ore shoot.
The mining company has intercepted high-grade gold at its Bill's Luck project in Zimbabwe, indicating potential for a significant resource. The firm is building a processing plant to boost production.
The metals exploration and gold production company has secured a $5 million funding commitment to acquire the Nara Gold Project in Zimbabwe and provide working capital for development.