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Search results: Caledonia Mining
Caledonia posts higher than expected earnings
Caledonia Mining Corporation Plc (Caledonia) shareholders will be smiling all the way to the bank after the gold miner announced it will post higher than expected earnings for 2019.Caledonia, which operates the Blanket gold mine in...
Caledonia increases its shareholding in Blanket Mine to 64 per cent
Caledonia Mining Corporation Plc ("Caledonia" or the "Company") is pleased to announce the completion of the purchase of an additional 15 percent shareholding in Blanket Mine (1983) (Private) Limited ("Blanket").
Summary
· Today's announcement marks the completion of the transaction...
Caledonia surpasses its production target
Caledonia Mining Corporation's Matebeleland based miner Blanket Mine has exceeded its yearly production target after breaking quarterly gold production for the year ended December 31, 2019, due to an improvement in the electricity supply the company's...
Caledonia’s production target reduces due to unstable power supply.
Despite achieving an increase of 6.4 per cent on gold production in the first quarter of 2019, Caledonia’s Blanket Mine which is also reckoned as one of the biggest gold producers in Zimbabwe has experienced...
Ten most influential individuals in the Zimbabwe Mining Industry 2019
These are the ten most influential individuals in the Zimbabwe Mining Industry in 2019.
(1) Ben MagaraZimbabwe-born Lonmin Chief executive officer and director Ben Magara has been named among the top 10 most influential men in 2014...
Caledonia declares quarterly dividend of 6.875 cents per share
Rudairo MapurangaThe body of directors Caledonia Mining Corporation on Tuesday declared a dividend of six and seven United States cents (USD 0.06875) on each of the company's common shares.According to its press release, the relevant dates...
Learmonth ups Caledonia stake
Caledonia Mining Corporation Plc (Caledonia) director MARK Learmonth has upped his stake in the
AIM-listed resources outfit after over 53 000 performance securities were offered to him early this
week.The Zimbabwe-focused gold miner said this development followed maturity...
Caledonia seeks to expand exposure in Zimbabwe
Gold miner Caledonia Mining is seeking ways to deepen its investment in Zimbabwe even though a currency crisis has dented its earnings and bureaucracy has slowed the company's purchase of an increased stake.The end of Robert...
Caledonia production down, despite increase in profits
CALEDONIA Mining Corporation (Caledonia) gold production was down three percent to 54,511
ounces during the full year ended December 31, 2018 compared to 56 133 ounces recorded in prior
year due to lower grade.Steve Curtis, Caledonia chief executive...
CALEDONIA registered a 4% increase
CALEDONIA Mining Corporation registered a 4% increase in after tax profits to US$21,42 million in the full year to December 2018 compared to US$20,61 million in 2017, despite a fall in production.Chief executive officer Steve Curtis...
Caledonia optimistic of interbank exchange market
AIM-listed mining group, Caledonia Mining Corporation, is optimistic that the introduction of the inter-bank foreign currency exchange market in February will help stabilise business operations and assist the company to yield more profits.The chief executive officer,...
Caledonia cries foul over export incentive
AIM-listed mining group, Caledonia Mining Corporation, says its earnings per share will decline by approximately US$5,4 million after the Reserve Bank of Zimbabwe (RBZ) withdrew the export credit incentive scheme for gold producers.The export incentive was...



