Caledonia Mining Corporation Plc is excited about business opportunities in Zimbabwe and will continue to pursue its strategy to become a multi-asset Zimbabwe-focused gold producer, CEO Mark Learmonth said.
Rudairo Mapuranga
The company on Monday announced that the Board of Directors declared a quarterly dividend of 14 United States cents (US$0.14) on each of the company’s shares.
Commenting on the announcement, Learmonth said Caledonia has a reputation for rewarding shareholders through growth and dividends.
“Over the last 10 years, Caledonia has built a strong reputation for delivering on its word and rewarding shareholders through growth and dividends.
“The last 18 months have seen much change in the shape of the business: we have acquired three new gold projects in Zimbabwe and we commissioned the 12MWac solar plant which provides about a quarter of Blanket’s average daily electricity requirements.
“I am very excited with the opportunity that we have to evolve the business as we pursue our strategy to become a multi-asset, Zimbabwe-focused gold producer,” Learmonth said.