Kavango exploration expenses spike

The Zimbabwe Industrial Reconstruction and Growth Plan is a bridging transitional framework between the expired Zimbabwe National Industrial Development Policy and the upcoming new Zimbabwe National Industrial Development Policy.

KAVANGO Resources says pre-licence exploration expenses jumped to US$4,82 million in the six months to June 30, 2025 up from US$1,06 million a year earlier as it aggressively pushes to secure new Zimbabwean gold assets.The miner holds options on multiple Zimbabwean licences, including the Nara, Leopard and Hillside projects.“The group incurs option fees to gain…

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