Search results: Contango Holdings

Contango Holdings Plc, the developer of the Muchesu Coal Project in Zimbabwe, has announced the receipt of an additional US$500,000 in royalty payments since February 2025.By Ryan ChigocheThis brings total royalties received under the Mineral Royalty...

Contango Holdings is transitioning into a cash-generative royalty company, capitalizing on its operations at Muchesu Mine to secure steady revenue streams and long-term growth. This shift follows the implementation of a Mineral Royalty Agreement (MRA) with its...

London Stock Exchange-listed entity Contango Holdings is set to sell a 51% stake in its 2 billion-tonne Muchesu coal project in Zimbabwe to Huo Investments. by Ryan Chigoche Currently, the coal project is 74.75% owned by Contango's subsidiary,...

London Stock Exchange-listed Contango Holdings has started developing markets for its semi-soft coking coal being mined by its Zimbabwean mining unit due to a huge demand by users in the Southern Africa region.Tinashe MakichiContango has a...

London-listed Contango Holdings is moving to raise £5 million through a strategic share subscription designed to recapitalise the business, eliminate debt, and reinforce its financial position as operations at the Muchesu Coal Project continue to strengthen,...

Contango Holdings Plc has cleared a key regulatory hurdle at Zimbabwe’s Muchesu coal project. The Reserve Bank of Zimbabwe (RBZ) has approved a revised ownership and operating structure that brings in Pacific Goal Investments Private Limited...

London Stock Exchange-listed mining and exploration company Contango Holdings has made significant strides in developing its 2.6-billion-tonne Muchesu coal project in Zimbabwe. It has secured a US$20 million Revolving Facility Agreement (RFA) from its new majority...

London Stock Exchange-listed mining and exploration junior, Contango Holdings, has secured a significant US$20 million investment from its strategic partner, Huo Investments (Pvt) Limited, to advance the Muchesu coal project in Binga.By Patricia RwafaThe investment marks...

Contango Holdings, a company listed on the London Stock Exchange, has raised £940,000 to develop their Muchesu coal project in Zimbabwe. Contango owns 70% of the project and has begun coking and thermal coal production. The company is...

Contango, the London-listed resources company, is in talks with Afrochine for the supply of coking coal to be produced at Contango’s Lubu project in Hwange.A statement by Contango says it is in discussions with the “Zimbabwean subsidiary...

Pacific Goal Investments (Private) Limited (PGI) has formally assumed majority ownership and operational control of the Muchesu coal project in north-western Zimbabwe after securing registration from the Reserve Bank of Zimbabwe (RBZ), Mining Zimbabwe reports. By Ryan...

Huo Investments (Pvt) Limited has deepened its commitment to Zimbabwe’s Muchesu coal project, reinforcing confidence in the mine’s long-term potential. Contango Holdings Plc confirmed that an entity controlled by a director of Huo Investments has acquired...