INVICTUS ENERGY ORD
Invictus Energy Partners with Qatar’s Al Mansour to Support Cabora Bassa Production Push
Invictus Energy (ASX: IVZ) has struck a transformative deal with Qatar’s Al Mansour Holdings, securing a strategic partner and long-term funding for its Cabora Bassa project in Zimbabwe. The agreement gives Al Mansour a 19.9% equity stake in Invictus at a premium, alongside a commitment of up to US$500 million in conditional future funding to […]
Invictus, Kinetiko and D3 making big plays in African energy sector
Three Australian oil and gas juniors have made big moves today that could completely change southern Africa’s energy future. Operating in Zimbabwe and South Africa, the companies are targeting major gas developments in a region currently struggling to find new energy sources. Invictus placement Oil and gas project developer Invictus Energy (ASX: IVZ) has received […]
Invictus Energy secures $15.2m backing for development of Cabora Bassa project in Zimbabwe
Invictus Energy (ASX: IVZ) has found major backing for its plans to develop the Cabora Bassa project in Zimbabwe—considered one of the biggest recent onshore discoveries in southern Africa. The Australian junior is to receive approximately $15.2 million in support for its development plans after entering into a binding share subscription offer with Mangwana Capital. […]
Energy issues continue to plague Zimbabwe’s mining sector as gold output falls 15%
Major energy supply issues continue to threaten Zimbabwe, with reports coming out of the southern African nation of significant impacts on mining production. New data has revealed that the country’s gold production fell by 15% to 30 tonnes in 2023, with a continuing power crisis cited as having a major impact. The local Chamber of […]