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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 sells shares
Gwanda based Gold producer Caledonia Mining, the 49%-owner of the Blanket gold mine in Zimbabwe, has entered into a sales agreement which will allow the company to raise proceeds to fund the construction of a solar power...
Caledonia declares another increased quarterly dividend
Caledonia Mining Corporation Plc today announces that the Board of Directors has declared a further increased quarterly dividend of eight and a half United States cents (US$0.085) on each of the Company's common shares.
Highlights
· 13 per cent...
Caledonia to delist from TSX
DUAL-LISTED resource group, Caledonia Mining Corporation, which locally owns Blanket Mine in Gwanda, Matabeleland South, has applied for voluntary delisting from the Toronto Stock Exchange (TSX).According to the mining group, financial and administrative costs associated with...
Caledonia deferral of April 2020 dividend decision
Caledonia Mining Corporation Plc announces that due to the uncertain business environment associated with the COVID-19 Pandemic, the board of directors has decided to defer its approval of the declaration of the second quarterly dividend of...
Caledonia receives a generating license for solar project
Caledonia has received a generating license for the proposed 18MW solar project to supply Blanket mine. The miner is currently evaluating tenders received to build the project. In the meantime, they are working on clearing 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 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 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’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...



