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Search results: Caledonia Mining
Mining in Zimbabwe, 5 years later (mining industry recap)
The mining sector in Zimbabwe has demonstrated steady growth since the appointment of Hon Winston Chitando as the Minister of Mines and Mining Development in November 2017 after the fall of the Robert Mugabe administration. Despite...
Caledonia continues to pursue its multi-asset strategy in Zimbabwe
Caledonia Mining Corporation Plc is excited about business opportunities in Zimbabwe and will continue to pursue its strategy to become a multi-asset Zimbabwe-focused gold producer, CEO Mark Learmonth said.Rudairo MapurangaThe company on Monday announced that the...
BlackRock acquires over 3% stake in Caledonia, triggers notification threshold
Caledonia Mining Corporation Plc, has announced that as of June 23, 2023, BlackRock now holds an ownership stake that exceeds 3% of Caledonia's issued share capital.
This news has caught the attention of industry experts and investors alike,...
Key Mining projects and plant upgrades in Zimbabwe
The Mining Sector is a key player in the country’s economic development. The sector contributes more than 60% of Zimbabwe’s export receipts, attracts more than 50% of foreign direct investment (FDI), contributes about 13% to GDP...
Chamber of Mines Annual Mining Conference and Exhibition kicks off
The Chamber of Mines of Zimbabwe's Annual Mining Conference and Exhibition 2023 kicked off yesterday in Victoria Falls.The Conference is the Prime Event for the Zimbabwe mining industry, and it provides a platform for key stakeholders...
Caledonia results for the quarter ended March 31, 2023
Caledonia Mining Corporation Plc (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) has announced its latest quarterly report, which includes the newly acquired Bilboes mine.
The report indicates that production at the Blanket mine was below target due...
Caledonia, Gold Export and the Law in Zimbabwe
On 4 May 2023, Mining Zimbabwe reported that Caledonia Mining Corporation Plc has commenced the direct sale of gold produced from the Blanket Mine to a refiner outside Zimbabwe.By James Tsabora (PhD) & Reginald Mutero (LLM)This...
Caledonia raises $5.8m in Zimbabwe placing
Gold miner Caledonia Mining Corporation has announced the conclusion of a placing that raised $ 5.8 million on the Victoria Falls Stock Exchange.
The Zimbabwe placing received strong support from new and existing institutional investors, with a total of...
Caledonia: result of Zimbabwe placing & Issue of deferred shares
Caledonia Mining Corporation Plc today announced both the results of the Zimbabwe Placing, and also the issue of the deferred shares in relation to the Company's acquisition of Bilboes Gold Limited.Result of Zimbabwe Placing
Caledonia is pleased...
Caledonia extends the closing of its Zimbabwe Placing
Caledonia Mining Corporation Plc, has decided to extend the closing of its Zimbabwe Placing from the previously announced deadline of March 31, 2023, by up to a week. This decision was made due to an unexpectedly...
Caledonia raises us$13 million for gold projects
Gold miner Caledonia Mining Corporation is raising about $ 13 million, or about £10.5-million, to strengthen its balance sheet and provide it with working capital flexibility to accelerate planned work at its three new gold projects – Bilboes, Motapa and Maligreen...
Caledonia sees a large increase in short interest
Caledonia Mining Co. Plc (NYSEAMERICAN: CMCL) was the target of a large increase in short interest in the month of February. As of February 15th, there was short interest totalling 41,300 shares, an increase of 16.7%...
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