Kavango Resources (KAV): Hillside gold development and plants
This situation live
KAV Kavango Resources
20 Oct 2025 · Nightshift maiden resource; plants being built · −12% until the next step
Kavango is close to commissioning its first modern CIL plant at Bill's Luck that will have a nameplate 50tpd throughput capacity.
22 Oct 2025 · Build-out continues under interim leadership · −22% until the next step
We have a strong team with the expertise and knowledge to help realise the full potential of our assets for the benefit of all stakeholders.
26 Jan 2026 · Build-out continues; Bill's Luck 50tpd plant pending · +32% until the next step
At present, Kavango is focusing on development at Bills Luck ahead of the commissioning of its 50 tonne-per-day ("tpd") pilot carbon-in-pulp ("CIP") plant.
29 Jan 2026 · 50tpd CIP plant nearing commissioning · −8% until the next step
which is nearing commissioning
9 Feb 2026 · CIP commissioning guided for Q1 2026 · +6% until the next step
Kavango will commission its first modern CIP plant, throughput capacity 50 tpd, at Hillside in Q1 2026.
6 Mar 2026 · Funded for expansion; commissioning pending · −19% until the next step
intended to be used for the further expansion of the Hillside gold production
3 Aug 2026 · Plant installed; commissioning under way since 1 July · −7% until the next step
The company expects to provide further market updates upon the achievement of significant operational milestones, including first gold production and the completion of commissioning.
23 Sep 2026 · Commissioning under way; revenue still from artisanal ore · −7% since
During H1 2026, the Group’s revenue was substantially derived from the treatment of ore produced by artisanal miners, both treatment charges and the further processing of residual material.
Hillside gold development and plants
Commissioning under way; revenue still from artisanal ore
Next: Blend ROM ore into feed; first gold and end of commissioning
Every step · 8
- 20 Oct 2025 Nightshift maiden resource; plants being built – Kavango is close to commissioning its first modern CIL plant at Bill's Luck that will have a nameplate 50tpd throughput capacity. ↗
- 22 Oct 2025 Build-out continues under interim leadership – We have a strong team with the expertise and knowledge to help realise the full potential of our assets for the benefit of all stakeholders. ↗
- 26 Jan 2026 Build-out continues; Bill's Luck 50tpd plant pending – At present, Kavango is focusing on development at Bills Luck ahead of the commissioning of its 50 tonne-per-day ("tpd") pilot carbon-in-pulp ("CIP") plant. ↗
- 29 Jan 2026 50tpd CIP plant nearing commissioning – which is nearing commissioning ↗
- 9 Feb 2026 CIP commissioning guided for Q1 2026 – Kavango will commission its first modern CIP plant, throughput capacity 50 tpd, at Hillside in Q1 2026. ↗
- 6 Mar 2026 Funded for expansion; commissioning pending – intended to be used for the further expansion of the Hillside gold production ↗
- 3 Aug 2026 Plant installed; commissioning under way since 1 July – The company expects to provide further market updates upon the achievement of significant operational milestones, including first gold production and the... ↗
- 23 Sep 2026 Commissioning under way; revenue still from artisanal ore – During H1 2026, the Group’s revenue was substantially derived from the treatment of ore produced by artisanal miners, both treatment charges and the further... ↗
What is happening
Kavango Resources: Hillside gold development and plants – Commissioning under way; revenue still from artisanal ore. ['Commissioning under way; revenue still from artisanal ore']
- In short
- Hillside build-out continues. The 50tpd pilot CIP plant was guided for Q1 2026 commissioning; processing began on 1 July 2026 and was announced on 3 Aug 2026. The 23 Sep 2026 interims show H1 revenue of US$2.0m, mostly from treating artisanal miners' ore, and own Bill's Luck ore only began late in the period. First gold and the end of commissioning are still to come.
- Announced
- 20 Oct 2025 · Nightshift maiden resource; plants being built
- Latest
- 23 Sep 2026 · Commissioning under way; revenue still from artisanal ore
- Processing start
- 1 July 2026, 69% average utilisation 18-28 July 2026
- Utilisation
- 69% average capacity utilisation, 18-28 July 2026
- Gold adsorption
- Loaded carbon testing confirms gold is adsorbed in the CIL circuit
- Next milestone
- Blending ROM ore into feed; first gold and end of commissioning, no dates given
- Expected recoveries
- 90-93% under commercial plant conditions
- On-site laboratory
- Bottle roll, fire assay and AAS capabilities established at Hillside
- H1 revenue
- US$2.0m, mostly artisanal ore treatment charges and residual material processing
- Cash
- US$5.5m at 30 June 2026
What comes next
Blend ROM ore into feed; first gold and end of commissioning.
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