KAVANGO Resources is expanding gold production in Zimbabwe, targeting 300 tonnes, with a cash-flow-funded strategy to build a 10-million-ounce gold camp. Operating through its Zimbabwean subsidiary, Kavango Zimbabwe, established in July 2023, the company is targeting several historic high-grade gold mines in the Matabeleland region. It focuses on economic bulk mining. Chief executive Ben Turney…
Kavango targets 300 tonnes gold output
Shard Capital’s capex assumptions include an estimated US$5 million for the first 50 tonnes per day carbon-in-pulp (CIP) plant, with additional modular plants expected to cost $3 million each.