Africa - May 20, 2026
Southern Africa’s regional uranium production
Local - May 20, 2026
Ariana secures cash position to
Local - May 20, 2026
Bikita Minerals Resumes Lithium Exports
Local - May 15, 2026
Botha Gold Mine Approval Withdrawn
InternationalNews
Ariana secures cash position to advance Zimbabwe project studies
ASX-listed Ariana Resources has secured $27.4-million in cash through the sale of a 13.6% stake in Turkish joint venture Zenit Madencilik to strengthen its balance sheet ahead of key development milestones at its Dokwe gold project, in Zimbabwe.
The transaction increases Ariana’s pro forma cash and investments to about $53-million with no debt. Ariana will retain a 9.9% stake in Zenit, and keep its board representation and future dividend exposure.
The.
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