Kavango Resources raises P54m for Kalahari exploration
Friday, November 18, 2022 | 630 Views |
The deal represents one of the biggest fundraising rounds for the exploration of the remote Kalahari, a relatively unexplored area of the country, hidden under thick sands but believed to contain large amounts of mineral riches, including base metals and the increasingly sought-after rare earths.
Kavango Resources, which is listed on the London Stock Exchange, holds 28 prospecting licences on the Kalahari Copperbelt and the far reaches of the Kalahari region, hunting for copper, nickel, platinum group elements and rare earth elements.
The BDP as a party known to have ample resources has always held its primaries well in time, but this time around that was not the case. The first leg of the primaries was held last weekend, with the final leg being billed for the coming weekend. This time around, the BDP failed to shine in its primary elections. The elections were chaotic; most if not all polling stations didn't open at the specified time of 6am. Loyal BDP members braved the...