Search results: caledonia

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...

Rudairo MapurangaThe body of directors Caledonia Mining Corporation on Tuesday  declared a dividend of six and seven United States cents (USD 0.06875) on each of the company's common shares.According to its press release, the relevant dates...

Caledonia Mining Corporation Plc (Caledonia) director MARK Learmonth has upped his stake in the AIM-listed resources outfit after over 53 000 performance securities were offered to him early this week.The Zimbabwe-focused gold miner said this development followed maturity...

Gold miner Caledonia Mining is seeking ways to deepen its investment in Zimbabwe even though a currency crisis has dented its earnings and bureaucracy has slowed the company's purchase of an increased stake.The end of Robert...

CALEDONIA Mining Corporation (Caledonia) gold production was down three percent to 54,511 ounces during the full year ended December 31, 2018 compared to 56 133 ounces recorded in prior year due to lower grade.Steve Curtis, Caledonia chief executive...

CALEDONIA Mining Corporation registered a 4% increase in after tax profits to US$21,42 million in the full year to December 2018 compared to US$20,61 million in 2017, despite a fall in production.Chief executive officer Steve Curtis...

AIM-listed mining group, Caledonia Mining Corporation, is optimistic that the introduction of the inter-bank foreign currency exchange market in February will help stabilise business operations and assist the company to yield more profits.The chief executive officer,...

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,...

AIM-listed mining group, Caledonia Mining Corporation, says its earnings per share will decline by approximately US$5,4 million after the Reserve Bank of Zimbabwe (RBZ) withdrew the export credit incentive scheme for gold producers.The export incentive was...

Toronto Stock Exchange (TSX) listed Caledonia Mining Corporation, whose main and only producing asset is Zimbabwe based Blanket Mine, says successful exploration at the gold mine has extended the life of mine (LOM) from six to...

Zimbabwe’s gold sector is facing growing uncertainty as escalating tensions in the Middle East begin to disrupt payment channels and trade flows. With gold contributing nearly half of the country’s export earnings, industry players warn that...

Zimbabwe’s new energy framework is set to reshape the mining sector by unlocking captive power generation and reducing reliance on the national grid. Zimbabwe’s Cabinet has approved a new energy governance framework that could transform power access...