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Ariana Resources Secures AU$8 Million Funding from Hongkong Xinhai

MT Newswires·12/22/2025 05:41:00
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05:41 AM EST, 12/22/2025 (MT Newswires) -- Ariana Resources (AAU.L) signed a binding agreement for an AU$8 million equity funding from Hongkong Xinhai Mining Services to fund work at its fully-owned Dokwe gold project in Zimbabwe. The mineral explorer said Monday it will use the funds for a metallurgical sampling and test work program and advance a definitive feasibility study at the project. Hongkong Xinhai will also provide technical services for the feasibility study. Hongkong Xinhai will also nominate one member to Ariana's board.