Search results: Caledonia Mining

GROSS revenues at the Victoria Falls Stock Exchange (VFEX)-listed Caledonia Mining Corporation increased by 37% to US$35,1 million in the first quarter of this year, reflecting a major increase in gold production and prices, the firm...

Tharisa, the South African company developing a platinum mine in Zimbabwe, plans to sell US$50 million of bonds on the Victoria Falls Stock Exchange to help finance the project.The miner last month announced a US$250 million...

OUTPUT from Zimbabwe’s gold mines firmed to 7,6 tonnes during the first quarter, driven by fresh investments into resuscitating idle assets, as big operators deepened shafts.The sector produced four tonnes during the same period in 2021,...

Blanket gold mine in Gwanda, Matabeleland South Province, expects to save at least US$3 million per annum in electricity costs when its planned 12-megawatt solar power plant comes on stream in July, parent company Caledonia mining...

GROSS revenue at Caledonia Mining Corporation rose by 21% to US$121 million during the year ended December 31, 2021 after it reported its biggest gold output.Caledonia operates Gwanda-based gold producer Blanket Mine, which has been on...

CANADA based miner, Zephyr Minerals Limited, is set to acquire four gold mines in Zimbabwe. In a statement to shareholders this week, the company said it had “investigated 12 potential gold projects throughout” the country over the...

Zimbabwe’s mineral commodity producers will enjoy limited benefit from the currently upsurge in international prices as it is nearly impossible to ramp up production in the short term, industry experts have said.Commodity markets are being squeezed...

A Blanket Mine employee, Mr Andrew Clydon Phiri lost his life yesterday after an accident at the Gwanda based gold Mine.In a statement, Caledonia Caledonia Mining Corporation plc said Phiri was killed in an accident that...

RioZim is weighing a listing on Zimbabwe’s Victoria Falls Stock Exchange, where trading is denominated in foreign currency, according to people familiar with the matter. The nickel, gold and diamonds producer is “seriously considering all options available to it under the...

Zimplats, the Zimbabwean unit of Impala Platinum, has been granted licences to generate its own power as the firm seeks ways of cushioning operations from intermittent power supplies.Zimbabwe does not generate enough power to meet local...

Victoria Falls Stock Exchange (VFEX) listed gold-focused miner Caledonia Mining Corporation’s Blanket mine has produced a record 2.1 US tons of gold in 2021 marking a 17 per cent increase from the previous year. Rudairo Mapuranga Blanket mine recorded...

Gwanda community has hailed one of the country’s biggest gold producers Caledonia Mining Corporation owned Blanket Mine in Gwanda for building a Covid-19 isolation centre at Phakama Clinic in Gwanda. Rudairo Mapuranga Blanket, in 2020  completed building two...