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Share Price Information for Kavango Resources (KAV)

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Share Price: 1.175
Bid: 1.10
Ask: 1.25
Change: -0.05 (-4.08%)
Spread: 0.15 (13.636%)
Open: 1.225
High: 1.225
Low: 1.175
Prev. Close: 1.225
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TRADING UPDATES: Microsaic completes acquisition; Narf revenue soars

Thu, 25th Jan 2024 20:09

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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Kavango Resources PLC - Southern Africa-focused metals explorer - Prepares to commence drilling a fourth prospect at the Hillside Gold Project in Zimbabwe. Target depth is 250m to test a number of possible gold-bearing structures. Results aim to inform possible follow-up drilling, targeting a bulk-mineable gold discovery. Chief Executive Ben Turney says: "There is enormous, unrealised potential in the goldfields of Zimbabwe."

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Hummingbird Resources PLC - West Africa-focused and Birmingham, England-based gold producer, developer and explorer - Provides an update on operations at its Kouroussa Gold Mine. Reports mining operations at Kouroussa are restarting shortly and are expected to ramp up to full capacity levels over the coming weeks. This follows temporary suspension due to a fire. Remains focused on reaching full commercial production in the first quarter.

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Faron Pharmaceuticals Ltd - Turku, Finland-based clinical-stage biopharmaceutical company specialising in cancer therapies - Reports patients are currently being enrolled in the Phase 2 of the Bexmab trial, which is evaluating the safety and efficacy of investigational immunotherapy bexmarilimab at two dose levels. In the meantime, further analysis of Phase 1 showed a 100% overall response rate achieved among both the higher-risk frontline and HMA-failed myelodysplastic syndrome patients treated with a bexmarilimab/azacitidine combination.

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NARF Industries PLC - London-based cybersecurity group which specialises in high-end threat intelligence and critical infrastructure security - Reports that revenue more than doubles to USD6.0 million in 2023 from USD2.5 million. Swings to positive earnings before interest, tax, depreciation and amortisation, from a USD2.6 million loss in 2022.

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Microsaic Systems PLC - Surrey-based developer of real-time mass spectrometers - Completes the GBP100,000 acquisition of the modern water assets and the Microtox water testing business previously owned by DeepVerge PLC. Deal was announced on January 12.

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By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

More News
26 Aug 2022 12:01

IN BRIEF: Kavango shares rise on progress with drilling targeting

Kavango Resources PLC - London-based mineral explorer focused on Botswana - Updates on drill targeting at Kalahari Copper Belt licence PL082/2018, with soil sampling program completed for 3,178 samples. Identifies two major drill targets, of 8 kilometres strike length in the Northern Zone, and 27km strike length in the Central Zone. Reports peak values of 118.8 parts per million copper, which is "significant in terms of this project's prospectivity".

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23 Aug 2022 13:53

IN BRIEF: Kavango hires bank to find partners for Botswana project

Kavango Resources PLC - London-based mineral explorer focused on Botswana - Hires Tamesis Partners LLP to lead efforts in finding a partner for the Kalahari suture zone project, located at the western margin of the Kaapvaal Craton. Says the investment bank will act as financial advisor, assisting with "identifying potential partners and provide advice on transaction structures to maximise value for Kavango shareholders". Kavango says a data room has been established to share financial details on the KSZ project.

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18 Aug 2022 14:42

IN BRIEF: Kavango shares up as exploration programme completed at KSZ

Kavango Resources - London-based mineral explorer focused on Botswana - Says it has concluded its "Proof of Concept" exploration programme in the Kalahari Suture Zone, the most comprehensive campaign ever undertaken at KSZ, located at the western margin of the Kaapvaal Craton. Says the programme has provided geochemical proof of magmatic Ni-Cu-PGE mineralising processes (depletion and enrichment) throughout the entire KSZ.

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5 Aug 2022 15:42

IN BRIEF: Kavango completes soil programme at Kalahari Copper licence

Kavango Resources PLC - London-based mineral explorer focused on Botswana - Completes initial soil geochemical programme at Kalahari Copper belt licence PL036/2020, with 5,145 soil samples collected in total.

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22 Jul 2022 10:54

IN BRIEF: Kavango Resources steps up Great Red Spot exploration

Kavango Resources PLC - London-based mineral explorer focused on Botswana - Says new economic report for target at Great Red Spot in the Kalahari Suture Zone in Botswana "exhibits similar geophysical signatures" to the Olympic Dam iron oxide copper-gold ore-deposit that is owned and operated by BHP Group Ltd in Australia.

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11 Jul 2022 21:40

TRADING UPDATES: Byotrol anticipating positive full-year earnings

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Read more
8 Jul 2022 12:37

Kavango Resources shares down as it regains ownership of Kanye JV

(Alliance News) - Kavango Resources PLC on Friday said it regained full ownership of two projects in Botswana and reported the completion of diamond drill programme at its Ditau Camp project.

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1 Jul 2022 15:40

UK shareholder meetings calendar - next 7 days

Monday 4 July 
Active Energy Group PLCAGM
Clean Invest Africa PLCAGM
Securities Trust of Scotland PLCAGM
Tuesday 5 July 
Immediate Acquisition PLCAGM
Marks & Spencer Group PLCAGM
Open Orphan PLCAGM
Saga PLCAGM
Smartspace Software PLCAGM
Young & Co's Brewery PLCAGM
Wednesday 6 July 
Assura PLCAGM
ContourGlobal PLCGM re acquisition by KKR
GSK PLCGM re Consumer Healthcare demerger, Haleon listing
Mining Minerals & Metals PLCAGM
PCF Group PLCGM re director allotment authority
Puma Alpha VCT PLCAGM
Shires Income PLCAGM
Sirius Real Estate LtdAGM
Strategic Minerals PLCAGM
Worldwide Healthcare Trust PLCAGM
Thursday 7 July 
C&C Group PLCAGM
Distil PLCAGM
Emmerson PLCAGM
Faron Pharmaceuticals LtdGM re issuance of shares
FD Technologies PLCAGM
Great Portland Estates PLCAGM
Greencare Capital PLCAGM
J Sainsbury PLCAGM
JPMorgan European Growth & Income PLCAGM
Land Securities Group PLCAGM
Likewise Group PLCGM re approval of waiver by takeover/merger panel
N Brown Group PLCAGM
Octopus Apollo VCT PLCAGM
Peel Hunt LtdAGM
Pets At Home Group PLCAGM
Puma VCT 13 PLCAGM
Severn Trent PLCAGM
TomCo Energy PLCAGM
Friday 8 July 
Kavango Resources PLCAGM
Value & Indexed Property Income Trust PLCAGM
JPMorgan Multi-Asset Growth & Income PLCAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

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15 Jun 2022 14:27

IN BRIEF: Kavango Resources ships drilling samples for testing

Kavango Resources PLC - London-based mineral explorer focused on Botswana - Completes hole DITDD005 - or target i1 -at Ditau Camp asset and moves the drill rig to hole DITDD006 - also known as Target i8 - after a completion of a Controlled Source Audio-Magnetotelluric ground geophysical survey and inversion model. The company says the CSAMT survey has provided additional bedrock resolution, resulting in a prioritisation of this drillhole on the i8 target.

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18 May 2022 19:36

IN BRIEF: Kavango Resources completes Ditau drill hole

Kavango Resources PLC - mining company focused in Botswana - Completes exploration hole DITDD004 after drilling to a depth of 389 metres into the i10 target, a 2.2 kilometre magnetic anomaly previously modelled as a possible carbonatite.

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18 May 2022 10:54

SMALL-CAP WINNERS & LOSERS: Kavango drills; Alkemy sees maiden loss

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday.

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9 May 2022 13:17

TRADING UPDATES: Longboat buys into assets; Midwich starts 2022 well

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Read more
5 May 2022 17:46

IN BRIEF: Kavango to expand exploration on Ditau JV with Power Metal

Kavango Resources PLC - mining company focused in Botswana - Expands exploration programme at its Ditau project in south west Botswana following the completion of hole DITDD003. Ditau is a 50-50 joint venture with Power Metal Resources PLC. Kavango and Power Metal say they are exploring for rare earth elements and base metal mineralisation. Exploration programme will include an additional 16.1 kilometres of audio-magnetotelluric surveys over the drill target area.

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29 Apr 2022 21:39

TRADING UPDATES: Rotala buys buses; Aukett Swanke sells John R Harris

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

Read more
19 Apr 2022 12:56

Kavango and Power Metal Resources begin drilling at Ditau Camp project

(Alliance News) - Mining company Kavango Resources PLC and metals exploration company Power Metal Resources PLC announced on Tuesday they started drilling at the i10 target at the Ditau Camp project in Botswana.

Read more

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