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Search results: caledonia
Caledonia Engages Zim Banks in Bold Bilboes Funding Strategy
Multi-listed, gold-focused miner Caledonia Mining Corporation’s executive team has held high-level meetings with senior executives from local banks, marking a critical first step in arranging a Zimbabwean debt facility to support the early-stage funding of the...
Caledonia Greenlights Massive Bilboes Gold Project with 1.7 Million Ounce Reserve
In a move set to transform its future, multi-listed gold-focused miner Caledonia Mining Corporation Plc has officially sanctioned the development of the giant Bilboes Gold Project, following the completion of a highly positive Feasibility Study, Mining...
Record Gold Prices, Higher Output Propel Caledonia to a 467% Surge in Q3 Profit
VFEX-listed miner Caledonia Mining Corporation posted a massive 467% surge in profit for the third quarter ending September 2025, driven by buoyant bullion prices and steady production at its Blanket Mine, Mining Zimbabwe can report.
By Ryan...
Caledonia Appoints July Ndlovu to Board in Move to Strengthen Growth Strategy
Caledonia Mining Corporation has appointed July Ndlovu as an independent non-executive director, a move aimed at strengthening the company’s leadership as it pursues expansion and operational efficiency across its gold portfolio, Mining Zimbabwe can report.
By Ryan...
Caledonia Sets Sights on Becoming Zimbabwe’s Premier Gold Producer
In a bold declaration of intent, Caledonia Mining Corporation has unveiled an ambitious strategy to transform from a successful single-mine operator into the largest gold producer in Zimbabwe, targeting a scale-up to over 300,000 ounces of...
Caledonia Reports Marginal Q3 Output Gain, Year-to-Date Production Up 3.6%
Victoria Falls Stock Exchange-listed miner Caledonia Mining Corporation recorded a marginal 0.6% increase in gold production to 19,106 ounces for the quarter ended September, up from 18,992 ounces posted in the prior comparable period, Mining Zimbabwe...
Caledonia Sets Out Bilboes Financing Plan
Caledonia Mining Corporation is advancing plans to develop its Bilboes Gold Project in Zimbabwe, emphasizing a strategic approach to financing that combines cash-generating assets with high-potential projects to mitigate investment risks in a challenging environment, Mining...
From Blanket to Bilboes: Caledonia Targets 300,000 Ounces Annually by 2035
Caledonia Mining Corporation is quietly shaping one of Zimbabwe’s most compelling gold stories. From the historic Blanket Mine, once nearing closure, to the Bilboes project, the company is positioning itself as a future mid-tier producer, with...
Caledonia Maintains Dividend, Advances Bilboes and Motapa Projects to Drive Long-Term Value
Caledonia Mining Corporation is prioritising the funding of its major growth projects over immediate dividend hikes, despite the recent surge in gold prices, assuring shareholders that this patient approach will lead to significantly larger payouts in...
Caledonia Declares US$0.14 Dividend for Q2 2025
Multi-listed, gold-focused miner Caledonia Mining Corporation Plc has, for yet another consecutive quarter since October 2021, approved a quarterly dividend of 14 United States cents (US$0.14) per share, Mining Zimbabwe can report.
By Rudairo Mapuranga
The Q2 2025...
Caledonia Net Profit Soars 147% in Q2 on Record Gold Output, Higher Prices
Caledonia Mining Corporation’s net profit jumped 147% in the second quarter of 2025 to US$20.5 million from US$8.3 million in the prior comparable period last year, driven by record gold production at its Blanket Mine in...
Caledonia Hints at Strong 2025 Profitability Ahead of Upcoming Q2 Earnings Release
One of the country’s leading gold producers, Caledonia Mining Corporation Plc, expects to report a profitable second quarter, buoyed by firm gold prices and strong operational performance at its Blanket Mine in Zimbabwe.
By Ryan Chigoche
The company...
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