Kavango Resources plc plans to build a gold production plant to boost production at Prospect 4 within the Hillside project in Matabeleland, southern Zimbabwe. ASSESSMENT Four contract miners currently send “high grade gold mineralisation”, mined on a small scale, 20km to the company’s processing facility at the main site. Kavango said that volumes were at […]
Day: 19 December 2024
UKOG raises £55,537 via retail offer
UK Oil and Gas plc has raised £55,537 from its retail offer by issuing 222,148,000 new ordinary shares of £0.000001 each at 0.025 pence per share. The offer to the company’s existing retail shareholders is separate to earlier placing which raised £500,000. Following admission UKOG’s voting rights will total 13,362,909,833.