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The Muchesu Coal Mine covers 19,236 hectares of the highly prospective Karroo Mid Zambezi coal basin, located in the established Hwange mining district in north-western Zimbabwe. (Picture via Contango Holdings)

London-listed firm sees strategic investor boost stake in Zimbabwe coal project

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The Muchesu Coal Mine covers 19,236 hectares of the highly prospective Karroo Mid Zambezi coal basin, located in the established Hwange mining district in north-western Zimbabwe. (Picture via Contango Holdings)

UK firm Contango receives first royalty payment, expects US$2m annually

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