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Search results: Bilboes

Caledonia completes the acquisition of Bilboes, announces Gapare Executive Director

Caledonia Mining Corporation PLC said it has completed the acquisition of Bilboes Gold Limited, the parent company which owns, through a subsidiary, the Bilboes gold project in Zimbabwe.Kelvin SungisoIn a statement, Mark Learmonth, the company's chief executive officer, said:...

Caledonia to restart key Bilboes operation

VICTORIA Falls (VFEX) and New York (NYSE) stock exchange-listed resources firm, Caledonia Mining Corporation said it has plans to restart an oxides operation at Bilboes Gold near Bulawayo. Caledonia recently took over Bilboes Gold in a multimillion-dollar...

Bilboes to become the country biggest gold producer

Caledonia Mining Corporation’s newly acquired gold mining outfit, Bilboes Gold Project, will become Zimbabwe’s largest gold producer, more than twice the current gold produced by a single mine, it has been reviewed. Rudairo Mapuranga Last month, Caledonia signed...

Caledonia to buy Bilboes Gold for about $53.3 million

Caledonia Mining Corporation Plc. has agreed to buy one of Zimbabwe’s biggest gold mining projects as it seeks to expand in the southern African country.Jersey-based Caledonia will buy Bilboes Gold for about $53.3 million in shares,...

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 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...

Leadership Shake-Up Key in Caledonia’s Record Q2 Gold Production

Caledonia Mining’s recent record gold production at its flagship Blanket Mine in Zimbabwe is the result of a deliberate strategic build-up combining a shift to a young, visible leadership model, cost discipline, and targeted growth initiatives. By...

Interview Caledonia Mining Chief Executive Officer Mark Learmonth

As Zimbabwe’s mining sector continues to attract global attention, companies like Caledonia Mining stand out for their long-term commitment, operational excellence, and strategic investment in the country. At the helm of Caledonia is a seasoned professional...

Prospect Resources Eyes Gold as Lithium Prospects Falter

Australian mining company Prospect Resources Ltd has shifted its focus towards gold exploration after disappointing outcomes at its Step Aside and Bikita Gem lithium projects in Zimbabwe. The strategic pivot marks a significant realignment for the...

Caledonia Profits Surge 86% on Higher Gold Prices

Caledonia Mining Corporation Plc has reported a record gross profit of $77.0 million for the year ended December 31, 2024, marking an 86% increase from the previous year's $41.5 million due to the rise in gold...

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