Contango Holdings PLC
LSE:CGO
Contango Holdings PLC
Contango Holdings Plc is an investment holding company. The firm is focused on development of Lubu Coal Project in Zimbabwe, and the identification, acquisition and development of the Garalo-Ntiela Gold Project in Mali. The Lubu Coal Project covers approximately 19,236 hectares of the prospective Karroo Mid Zambezi coal basin, located in the conventional Hwange mining district in north-western Zimbabwe. The company provides thermal coal to regional power companies to enable them to conduct burns tests and sale of metallurgical coal to Southern African industrial markets. The Company’s Garalo Project occupies approximately 62.5 square kilometer (km2) in the Sikasso region of southern Mali, 200km south-east of the capital Bamako and close to the Guinea border. The company has a non-independent resource of approximately 320,000oz gold.
Contango Holdings Plc is an investment holding company. The firm is focused on development of Lubu Coal Project in Zimbabwe, and the identification, acquisition and development of the Garalo-Ntiela Gold Project in Mali. The Lubu Coal Project covers approximately 19,236 hectares of the prospective Karroo Mid Zambezi coal basin, located in the conventional Hwange mining district in north-western Zimbabwe. The company provides thermal coal to regional power companies to enable them to conduct burns tests and sale of metallurgical coal to Southern African industrial markets. The Company’s Garalo Project occupies approximately 62.5 square kilometer (km2) in the Sikasso region of southern Mali, 200km south-east of the capital Bamako and close to the Guinea border. The company has a non-independent resource of approximately 320,000oz gold.
