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Search results: Caledonia Mining

Caledonia Mining 2022 gold production up

Caledonia Mining Corp PLC on Friday said it reached record gold production in 2022, exceeding the top end of its guidance, while it expects 2023 production to perform similarly.The Jersey-based gold producer whose primary asset is the...

Caledonia Mining offers significant growth potential

Caledonia Mining Corporation PLC offers significant growth potential in an under-explored African greenstone belt, Cenkos Securities believes.The broker reiterated its ‘buy’ recommendation on the Zimbabwe-focused miner, saying Caledonia delivers high yield exposure to the gold sector...

Caledonia Mining over the moon about debut GDXJ Index inclusion

Caledonia Mining Chief Executive Officer (CEO) Steve Curtis has expressed his joy on the company's inclusion on the Global Junior Gold Miners Index (GDXJ) for the first time following the GDXJ Index's first quarter 2021 review.By...

Caledonia Mining Corp secures Connemara

CALEDONIA Mining Corporation Plc has secured exclusive rights to explore and acquire the mining claims in the gold-rich Connemara North area in Gweru as part of efforts to expand its operations.This comes after the company announced...

Caledonia Mining to fund 20-MW solar project via stock sale

Canada-based Caledonia Mining Corporation Plc on Friday said it plans to raise up to USD 13 million (EUR 11.1m) through a share sale to finance a nearly 20-MWp solar project at Blanket gold mine in Gwanda.The...

Caledonia Mining says 2019 earnings will be ‘substantially higher than market expectations’

Caledonia Mining Corporation says earnings for 2019 will be “substantially higher” than forecast on firmer gold prices, higher than expected output and costs that were lower than projected.The Toronto-listed company runs the Blanket gold mine near...

Caledonia Mining rewards shareholders

Harare (New Ziana) – Caledonia Mining Corporation continues to rise above the current economic challenges affecting Zimbabwe, declaring a 9.1 percent dividend increase in the 4th quarter of 2019 and remaining on course to commission a...

Caledonia Mining soldiers on with Blanket despite mounting Zimbabwe problems

CALEDONIA Mining continues to make money whilst placing the bravest of faces on operations in Zimbabwe where it operates its Blanket gold mine. It is helped by the devaluation in the southern African country’s currency, but...

Caledonia Mining takes near-term hit against backdrop of improving outlook

The Shares in Caledonia Mining Corporation PLC (LON:CMCL) took a bit of a dive at the end of February after the Zimbabwe government announced that it was ending its export credit incentive scheme.Under the terms of this scheme,...

Zimbabwe’s Mining Industry, Caledonia Honor Caxton Mangezi’s Remarkable Legacy

On Monday, Zimbabwe’s mining industry gathered to celebrate the illustrious career of Caxton Mangezi, a man whose contributions to Caledonia Mining Corporation and the broader mining sector have left an indelible mark, Mining Zimbabwe can report.By...

Powercuts a key challenge to mining – Caledonia

London Stock Exchange (LON) listed gold-focused mining company, Caledonia Mining Corporation through its Chief Financial Officer Mr John Mark Learmonth said electricity problems are a major operating difficulty in Zimbabwe.Rudairo MapurangaThe mining firm which has been...

Caledonia Lines Up US$150m Local Bank Facility to Drive Bilboes Development

Caledonia Mining Corporation Plc has appointed Stanbic Bank Zimbabwe and CBZ Bank as co-lead arrangers for an interim funding facility of up to US$150 million to support development of the Bilboes gold project, Mining Zimbabwe can...

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