Search results: Caledonia Mining

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

CALEDONIA Mining Corporation lifted gold output at Zimbabwe-based Blanket Mine by 17% last year, after scaling up throughput at the “game-changing” Central Shaft, an underground operation that blasted off its first bullion in April, according to...

GOVERNMENT says several mining firms have indicated plans to list on Zimbabwe’s year-old bourse, the Victoria Falls Stock Exchange (VFEX).VFEX, which exclusively trades in foreign currency, has largely disappointed, having secured only two listings since its...

Blanket Mine’s parent company, Caledonia Mining Corporation Plc, has shelved its GlenHume property project due to “disappointing exploration results.”On December 11 and 17, 2020, Caledonia announced it had acquired an option over the Glen Hume property and...

TEN companies will take control of Zimbabwe’s privatised gold refinery, Fidelity Printers and Refiners (FPR), for US$49 million, Finance minister Mthuli Ncube said on Thursday.This will be the first time that the refinery will be in...

Zimplats has applied for a licence to install close to 200MW of solar power to feed operations at Ngezi and Selous, where it is spending US$290 million in additional investment to grow platinum output.The country’s biggest...

Zimbabwe’s central bank has tabled a shareholding agreement for its subsidiary, Fidelity Printers and Refiners (FPR), almost eight months after a proposal to unbundle the company into two entities was announced.The Reserve Bank of Zimbabwe (RBZ)...

PADENGA Holdings’ mining operation, Dallaglio will be the most immediate beneficiary of a planned listing on the underachieving Victoria Falls Stock Exchange (VFEX), Inter Horizon Securities (IHS) said at the weekend, giving the deal the thumps...

Delays in the proposed unbundling of Fidelity Printers and Refiners (FPR) has rattled investors who are now reluctant to fund gold projects without proper knowledge of the timelines of the privatisation processes, an executive with the...

CALEDONIA Mining Corporation remains optimistic that its gold-producing concern, Blanket Mine in Matabeleland South will surpass its annual 60 000 ounces target for the year, setting a record high production rate in years.Buoyed by its new...

CALEDONIA Mining Corporation says its local gold mining operation, Blanket Mine, “slightly” missed the first quarter production target but remains on track to achieve the 2021 projection of between 61 000 and 67 000oz.In a trading update...

Gold deliveries declined to 3,97 tonnes during the first three months of 2021 from  5,72 tonnes during the comparable period last year after heavy rains swamped shafts and kept artisanal miners from work for prolonged periods.Following...