Search results: caledonia

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...

Mining Zimbabwe is distributing issue 55 at Investing In African Mining Indaba event currently happening in Cape Town, South Africa.The award winning magazine's issue of May 2022 features exciting articles including Mines and Mining Development Minister's...

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,...

Is Zimbabwe a good investment destination for miners or not? It all depends on who you ask.Each year, Canada’s Fraser Institute asks over 2000 mining companies to assess which countries are best to invest in. The...

Zimbabwe’s mining industry is engaging the government over the volatile operating environment which has pushed most of the resources firms to the brink.The multibillion dollar industry, projected to grow by 8% this year, is the country’s...

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...

GOVERNMENT’S plans to dispose of its controlling stake in the country’s sole gold buyer Fidelity Gold Refinery (FGR) is under scrutiny by some gold producing firms shortlisted for the US$49 million transaction, the Zimbabwe Independent can reveal.The...

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...